Wolverine Worldwide, parent company of Merrell, Saucony, Chaco, and Sweaty Betty, announced layoffs and other cost saving measures to save up to $215 million as the company grapples with inventory and wholesale challenges. The measures are part of Wolverine’s...
Black Diamond Equipment reported a revenue increase of 22% for the third quarter ended Sept. 30, 2023, partially due to strong direct-to-consumer business. “We see our direct-to-consumer business as one of the best indicators of the strength of the brand, since it is...
Inventory challenges were top of mind for outdoor specialty retailers at the Grassroots Outdoor Alliance Connect trade show in Kansas City, Missouri this week. Gabe Maier, president of GOA, said he’s hearing a lot of conversations about MAP policies heading into the...
Material technology company PrimaLoft announced it has appointed Anne Cavassa as its new president. Cavassa was previously the president of Saucony and also held leadership positions at Brooks, Nike, and Timberland. She'll be working closely with CEO Mike Joyce as...
From post-show gatherings to retailer meetups, the events at Outdoor Retailer Winter are planned to bring the outdoor community together to celebrate the industry. This year’s winter show runs Nov. 14-16 at the Salt Palace in Salt Lake City, Utah, and is part...
New Mountain Equipment Company CEO Peter Hlynsky grew up with the business. He’s been a member of the Canadian outdoor retailer since 1995, when it was still a co-op, and his family bought their gear from the company before that. He was recently announced as the new...
Colorado-based outdoor retailer and service provider Christy Sports announced the addition of three members to its executive leadership team. Pete LaBore joins as chief executive officer, Danielle Quatrochi as chief marketing officer, and Mimi Nuelle as chief...
Vista Outdoor announced a business transformation initiative for its newly created outdoor company Revelyst and reported overall sales were down for the quarter ended Sept. 24. Company-wide, sales decreased 13% to $677 million compared to the prior-year period. In...
The latest Deckers Brands quarterly update came with revised guidance for the full year on expectations Hoka and Ugg will perform better than previously forecast. "The strength of demand for our Hoka and Ugg brands continued to drive exceptional performance, producing...
The hosted buyers confirmed to attend the upcoming Outdoor Retailer Winter trade show represent a wide range of retailers from around the country. Buyers will be attending on behalf of stores that stock a variety of products, including traditional outdoor specialty,...
VF Corporation cited The North Face and its international business as bright spots during its second quarter earnings call Monday afternoon. However, declines at Vans and in the America region outweighed the positives, and VF posted an overall revenue drop. It is also...
Outdoor apparel and gear brand Mountain Hardwear posted sales of $29.2 million for the third quarter ended Sept. 30, down 9% compared to the same period last year. The decline was driven by lower fall 2023 wholesale shipments, and was partially offset by DTC growth,...
