SGB Update

Cascade Designs To Attend Outdoor Retailer

In a statement, Cascade Designs, the Seattle-based manufacturer of outdoor gear including the Therm-a-Rest, Mountain Safety Research (MSR), SealLine, Platypus and PackTowl brands, said it “strongly believes that in coming together as a $646 billion dollar industry we will be a more powerful and meaningful force in protecting our nation’s public lands.”

The North Face Sticks With Outdoor Retailer Show

In a letter to the outdoor industry, Scott Baxter, group president, The North Face, said the best way to protect public lands is “by staying at the OR show at this time.” He added, “We must be louder and stronger than our opposition and that means everyone coming together. We can’t do that if we leave the OIA to fight on their own – with fewer resources.”

REI Urges Support For Outdoor Retailer Show

In a letter to outdoor industry leaders, REI CEO Jerry Stritzke stated “it would be a mistake for us not to gather as an industry this July. Now more than ever, we need to act together to advocate and find a common voice to protect our most important asset — our public lands.”

Asics’ 2016 Earnings Stung By U.S. Weakness

Asics Corp. reported operating earnings in the year were down modestly primarily due to foreign exchange losses. A double-digit drop in the U.S. and the strong yen led to a decline in revenues.

OIA’s Board Encourages Members To Attend Outdoor Retailer Show

In a letter to the outdoor industry, the Outdoor Industry Association’s board applauded REI, Ibex and The North Face “and their call for industry unity by attending Outdoor Retailer this July while we work to find a more suitable venue for future shows.”

Hibbett’s Q4 Earnings Miss Guidance

Hibbett Sports Inc. said it expects earnings to slump between 28 to 30 percent in the fourth quarter, well below guidance, as same-store sales slid 2.2 percent.

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Report: Ivanka Trump’s Sales Tumble At Nordstrom

Sales of Ivanka Trump’s merchandise at Nordstrom plummeted by nearly a third in the last fiscal year, including sliding more than 70 percent in the last three weeks of October 2016 just before the election.

Nike Takes A Stand For Equality

This campaign is supported by a new film – featuring LeBron James, Serena Williams, Kevin Durant, Megan Rapinoe, Dalilah Muhammad, Gabby Douglas and Victor Cruz – that amplifies the voice of athletes, using the power of sport to create conversation, inspire people to act and press for lasting change in their communities.