SGB Update Outdoor

Under Armour Takes Hit on Sports Authority Bankruptcy
Under Armour Inc. said it was revising its previously issued outlook for the full year and second quarter of 2016 following recent developments related to the bankruptcy of The Sports Authority. The company will take a $23 million impairment charge.
Schuylkill Valley Sports to Open Store in Reading, PA
Schuylkill Valley Sports announced plans to open a new location in Reading, PA.
Outdoor Gear Canada to Distribute Marzocchi
Fox Factory Holding Corporation and Outdoor Gear Canada (OGC) have reached a multi-year distribution agreement making OGC Marzocchi’s exclusive distributor for Canada.
Salewa Honors Winter 2015/16 Reps
Salewa North America, which distributes the Dynafit, Salewa, Wild Country and Pomoca brands in the United States and Canada, announced it’s sales rep awards.
American Hiking Society Advocates Urban Trail Systems
American Hiking Society released a report advocating creation of trails as a way to address the many health issues facing the American public due to physical inactivity during a media event on Capitol Hill Sunday.
Evo Expanding to Denver via Acquisition
Evo, the Seattle-based action sports and outdoor retailer that opened a location in Portland, Ore. in 2014, is expanding to Denver, Colo. via an acquisition of Edgeworks and The Bicycle Doctor stores in the Mile High City.
RECALL: 31,000 Osprey Poco AG Child Carriers
Osprey is recalling about 31,000 Poco AG backpacks for carrying children because a cut in the plastic buckle on the shoulder strap can cause the shoulder strap to release, posing a fall hazard to a child in the carrier.
Newell Brands Appoints Chief Human Resources and Communications Officer
Newell Brands Inc., which recently acquired Jarden Corp., hired Fiona Laird as executive vice president and chief human resources and communications officer.
Atmosphere Will Present TNF Endurance Race in Ontario
The North Face named Atmosphere as a presenting sponsor of The North Face 2016 Endurance Challenge Series Ontario event, which will be held at Blue Mountain Resort on July 16-17, 2016.
Deckers Brands Anoints Powers as Next CEO
Deckers Brands announced Dave Powers will succeed Angel Martinez as chief executive officer of Deckers Brands following Martinez’s retirement, effective May 31.
Amazon Announces New Fulfillment Centers
Amazon.com, Inc. (NASDAQ: AMZN) announced plans to open three new fulfillment centers, including two in California.
The North Face Tips its Hat to Retiring Rockies Sales Principal
The North Face announced the retirement of Ed LaJoy, principal of The Skylark Group, brand sales agency partner for the Rockies territory, with Kari Larsen assuming responsibilities for LaJoy.
Canyon Bicycle GmbH to Enter U.S. Market in 2017
Canyon Bicycles GmbH will expand to the United States in 2017 via a new partnership with TSG Consumer Partners LLC, the same private equity firm that acquired Backcountry.com last year.

Canada Goose to Open First Stores in Toronto and Manhattan
Canada Goose plans to open its first two standalone stores in fall 2016. The flagship stores are set to open in Yorkdale Shopping Centre in Toronto, and on Wooster Street in the heart of SoHo, New York City.

One-on-One with Vim & Vigr Founder Michelle Huie
At 30 years old, Michelle Huie launched her fashion-centric graduated compression sock company, Vim & Vigr, in the heart of Montana.