GOT Bag’s products have been on a journey, starting from a swirling ocean trash gyre and eventually transforming into desired objects stocked both on the glittering store shelves of a New York City department store and in the nation’s largest outdoor retailer. The...
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Solo Brands Bucks Outdoor Market Trends with Wholesale Expansion
Solo Brands, parent company of Solo Stove, Oru Kayak, Isle, and Chubbies, posted solid first quarter results, with net sales increasing 7% to $88.2 million for the three-month period ended March 31, 2023. The growth was driven by strength in the wholesale channel due...
Vista Outdoor Expects Outdoor Challenges to Continue for Months
Vista Outdoor, which owns three dozen outdoor and sporting goods brands including Fox, Bell, Giro, and CamelBak, reported a net loss of $294 million for the fourth quarter ending March 31 after taking an impairment charge of $374 million. Net sales declined 8% during...
Rossignol Hits $442 Million in Revenue with 28% Growth
French outdoor products manufacturer Rossignol Group reported a company record €401 million ($442 million) in revenue for the 2022-2023 financial year ended March 31. That's up 28% from 2021-2022, which came in at €313 million ($345 million) in revenue. The...
Cotopaxi CEO Davis Smith Talks Succession, Differentiation, and Growth Strategy
This story was updated on 5/17/2023. Read about Cotopaxi executive appointments here Cotopaxi founder and CEO Davis Smith said he started thinking about succession planning in the first months of the business. That foresight is coming in handy as he gets ready to hand...
Columbia Sportswear Co. Q1 Revenue Rises 10%
Columbia Sportswear Co. posted sales of $820.6 million for the first quarter of 2023, a 10% increase in constant currency compared to first quarter 2022, despite inventory challenges and softer performance in certain segments. “2023 is off to a solid start and we are...
Academy Sports and Outdoors Announces Leadership Succession
Academy Sports and Outdoors, a Texas-based sporting goods and outdoor recreation retailer, announced several changes at the leadership level. Ken Hicks, chairman, president and chief executive officer, will become executive chairman of the board of directors. Hicks...
REI Grapples With Aging Membership BaseÂ
(This story was updated on 6/29/2023.) As it looks to the future, outdoor retail giant Recreational Equipment Inc. is trying to figure out who its new customers will be. As of 2022, REI had 23 million members, up 1.3 million members from the previous year, and more...
Helen of Troy CEO Julien Mininberg to Retire, Successor Named
(This story was updated on 10/5/2023.) Helen of Troy Limited, the parent company of outdoor brands Osprey and Hydro Flask, announced a succession plan for its CEO Julien Mininberg. Mininberg intends to retire on Feb. 29, 2024, when his employment agreement expires....
Black Diamond Taps Heath Christensen As VP of North American Sales
Outdoor equipment and apparel brand Black Diamond Equipment has appointed Heath Christensen as vice president of North American sales. Christensen will report to Neil Fiske, brand president for Black Diamond, who joined the company in February. In a statement, Fiske...
Retail Landscape Returning to Normal For Grassroots Outdoor Alliance Members
As the inventory supply chain has unclogged and demand remains steady, the Grassroots Outdoor Alliance’s more than 100 independent specialty retail members are reporting that 2023 is looking more like a normal, pre-pandemic business year. A free-flowing supply chain...
Evo’s Bryce Phillips Talks Business Trends and Future Plans at Sea Otter Summit
With its hospitality and travel components, evo has built a reputation for being more than a place to buy outdoor gear and apparel. The company wants to take its customers along for a ride that starts at retail but might include a ski trip to Japan or a stay at its...