Red-hot shoe brand On Running, which has become an important brand for outdoor retailers, posted revenue of 1.8 billion Swiss Francs ($2 billion) for 2023, a 55% increase in constant currency. The Swiss company, which released financial earnings last week, said the...
Solo Brands' leadership called out ineffective marketing spending at the end of last year as a key issue in the company’s 16.2% Q4 sales decline. During Solo’s earnings call, new CEO Christopher Metz commented on last year’s viral marketing campaign, which saw rapper...
Dick’s Sporting Goods hit a new sales record in fiscal year 2023 at almost $13 billion and added nearly 7 million new customers. During a conference call with investors, Dick’s leadership emphasized its House of Sport concept stores, including opening another eight...
Vail Resorts reported a decline in skier visits for the second quarter of 2024 on “challenging conditions” at its North American resorts. According to Kirsten Lynch, chief executive officer at Vail, the company’s western North American resorts saw approximately 42%...
Black Diamond has narrowed its focus to put climbing at the center of everything it does as the brand looks to make a reset, said Brand President Neil Fiske during parent company Clarus Corporation’s investor day Monday. “The brand had become way over-extended,” he...
Outdoor specialty retailer Bent Gate Mountaineering is celebrating its 30th anniversary this year, and the store's leadership is drawing on that experience to navigate a challenging market, including a highly promotional environment and looming, disruptive...
Representatives from specialty shops are signing up for Outdoor Retailer’s new hosted buyer program, which is a renewed focus on retail buyers and includes travel incentives for buyers to attend. At the Outdoor Retailer Summer show at the Salt Palace in Salt Lake...
Leadership at Clarus Corporation, parent company of Black Diamond and other brands, said the company is focusing efforts on the outdoor and adventure business after selling off its ammunition segment earlier this month. “Clarus is now simplified around two traditional...
Merino wool has been gaining popularity in the outdoor industry for a while now. More consumers are becoming familiar with the material beyond base layers, and more brands are turning to it for its sustainability and circularity applications. Up-and-coming brand...
In its first earnings call since filing an IPO earlier this year, Amer Sports, parent company of Arc’teryx, Salomon, Atomic, and other brands, said its losses declined in the fourth quarter on strong performance from Arc'teryx and sales in China. Amer Sports revenue...
Snowsports Merchandising Corporation (SMC) and Sports Specialists Ltd (SSL) have merged to form Winter Sports Retailer, establishing the nation’s largest network of specialty retailers, according to a news release. With 118 shops and over 300 locations covering 33...
Vista Outdoor today announced that its board of directors rejected MNC Capital's offer made last week of an all-cash transaction for $35 per Vista share. Michael Callahan, chairman of Vista's board of directors, said the board determined that MNC Capital's offer...
