As part of the announcement that Amer Sports is filing to go public in the U.S., the company’s recent revenue growth in China stood out. The owner of brands such as Arc’teryx, Salomon, Atomic, and others said it has grown its business “significantly” in the Greater...
Editor's note: The Daily will be posting more stories with information from the IPO filing, including further details about Arc’teryx, Salomon, and Amer Sports’ expansion in China. Updated at 4 p.m. with profitability numbers Amer Sports, which owns Arc'teryx,...
Owning an outdoor specialty retail store can be a labor of love aligned with personal passions, and often, the shop plays an important role in the fabric of a community. But what happens when the owners decide it’s time to retire and move on? Who do they sell the...
Forward, the acclaimed brand synonymous with progressive freeskiing and snowboarding gear, announces the launch of its FW24/25 collection under new management, marked by a renewed commitment to innovation and sustainability. With a legacy of crafting technically...
Outdoor companies expect 2024 to look similar to 2023, which means dealing with inventory challenges and macroeconomic pressures, including inflation, at least for the beginning part of the year. Whether those issues will persist into Q3 and Q4 remains to be seen. For...
The overall theme for the outdoor industry this year was grappling with the post-pandemic downturn. Companies that were coming off a few years of record revenue numbers found themselves competing for spending dollars as the world opened back up and consumers struggled...
The outdoor industry served up a nonstop supply of interesting business news this year. Our readers gravitated toward the significant developments from key players, and popular topics included: how the industry’s most influential retailer, REI, is handling an aging...
In response to media reports that Equip Outdoor Technologies was planning to sell off outdoor brand Rab, Matt Gowar, CEO and owner of Equip, said no change in ownership is planned for now or in the near future. Gowar’s statement comes after the Financial Times ran a...
Wolverine World Wide announced a new operating model for its Saucony and Merrell business in China as well as a plan to sell its Asia-based leathers business. The moves are intended to hone the focus of the company’s portfolio and grow the business, according to a...
VF Corp said on Monday that it was looking into cybersecurity incidents that occurred on Dec. 13 and are disrupting the company's businesses, including hindering the ability of The North Face and Vans' parent company to fulfill customer orders on its e-commerce...
New York City is known for cultivating diversity, inspiration, and industry, but mostly in the realms of fashion, finance, and entertainment. However, during the COVID-19 pandemic, interest in outdoor activities skyrocketed in the biggest metropolitan region in the...
ANOKA, Minn., December 12, 2023 — Vista Outdoor Inc. (“Vista Outdoor” or the “Company”) (NYSE: VSTO) and Czechoslovak Group a.s. (“CSG”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection...
