A large portion of Gathr Outdoor’s product mix is for warm-weather activities, and Bill Bettencourt, outdoor segment president, sees an opportunity to expand its cold-weather product lines as the company grows. To help with that, the company is shifting from being a...
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Vista Outdoor Outlines Spinoff Strategy, M&A Approach
As Vista Outdoor gears up to separate its Outdoor Products and Sporting Products segments into two independent, publicly traded companies, the company has detailed the decision behind the move in a recent regulatory filing. Vista hopes the spinoff will help its 41...
Outdoor Products on the Show Floor at Surf Expo
(This story was updated on 9/26/2023.) At this year's Surf Expo in Orlando, Florida, the trade show added a new component that included a group of outdoor brands as exhibitors along with its usual offerings. The Shoreline category offered a hub for brands focused on...
DPS Skis Puts Faith in Carbon Fiber With Lifetime Guarantee
DPS Skis, the Utah-based manufacturer, is betting big on the durability of its products by offering a lifetime warranty. DPS, originally founded as Drake Powderworks, has been around since 2005, operating out of Salt Lake City as a pioneer in carbon-fiber...
Industry Truth-Teller Wes Allen of Sunlight Sports Talks Outdoor Challenges
(This story was updated on 9/26/2023.) Sunlight Sports Principal Wes Allen doesn’t see a lot of bright spots for outdoor retailers at the moment. “2023 hasn’t been a good year,” he said. “People are sitting on a tremendous amount of inventory. And their inventory is...
Large Retailers Alarmed by Rise in Theft
Across the retail industry, shoplifting, also known in the business as shrinkage, is a growing concern, and the outdoor and sporting goods industry is not immune. In a recent earnings call, Lauren Hobart, president and chief executive officer for Dick’s Sporting...
L.L.Bean Inks Wholesale Partnership with Academy Sports + Outdoors
Academy Sports + Outdoors customers will now have access to a selection of L.L.Bean products in-store and online, part of L.L. Bean's strategy to expand its wholesale footprint. According to a news release, Academy will carry a wide assortment of L.L.Bean's products,...
Checking in with Outdoor Specialty Store Angles Sports in Longmont, Colorado
The Daily checked in with independent outdoor retailer Angles Sports in downtown Longmont, Colorado to talk about business trends, early season reads on ski equipment, and what products are working for the small store. One notable trend: The demand for backcountry...
Outdoor Product Highlights from Overland Expo Mountain West
Among the adventure 4x4 rigs and van life setups at Overland Expo Mountain West in Loveland, Colorado last week, several outdoor gear, hardgoods and apparel brands were showcasing new products. The outdoor brands were exhibiting to cater to the overlanding crowd, with...
Icebreaker President Talks Product Expansion, Brand Strategy
Merino-wool outdoor apparel brand icebreaker is in a battle against synthetic clothing. The company began with a focus on natural performance apparel comprised of “next-to-skin” categories, mostly base layers. Now it’s moving into mid-to-outer layers for men, women,...
Hot-Selling Goodr Sunglasses Targets Outdoor Market
Draw a Venn diagram of affordability, fashion, and functionality, and goodr sunglasses would sit dead center. The Inglewood, California-based brand has been on a rapid upward trajectory since it was founded in 2015 as a running sunglasses brand. Now its colorful...
Dick’s Lays Off 250 Workers, Cites Theft for Q2 Profit Drop
After a second quarter where profitability fell short, Dick’s Sporting Goods announced a business optimization program that involved laying off 250 employees at the corporate level, as first reported by Bloomberg Business. Dick’s said that the business optimization...