The move is part of Backcountry’s strategy to focus on North America and also expand its private label Backcountry brand into wholesale.
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bart@ordaily.outdoorretailer.com's Latest Posts
Backcountry to Sell European Subsidiary to Decathlon
Backcountry has entered into a definitive agreement to sell its European subsidiary, Bergfreunde, to Decathlon, a global sporting goods retailer based in France. The move is part of Backcountry's efforts to narrow its focus on the North American market. This comes as...
Vista Outdoor Receives Unsolicited Proposal to Buy Company
Vista Outdoor announced it received an offer last Wednesday from Colt CZ Group to buy the company for $30 per share, or $1.74 billion, which, if accepted, would scrap the deal announced earlier this year to sell Vista's sporting products business to Czechoslovak Group...
Outdoor Industry Contributes More Than $1 Trillion to U.S. Economy
The U.S. economic impact of the outdoor industry has exceeded the trillion-dollar mark for the first time. The U.S. Department of Commerce’s Bureau of Economic Analysis late last week released economic data from its Outdoor Recreation Satellite Account for 2022,...
Dick’s Sporting Goods Raises Outlook for Year, Comments on Moosejaw, Public Lands
Dick’s Sporting Goods bucked overall soft retail trends in the third quarter, posting a 2.8% increase in net sales after a solid back-to-school season. Comparable sales increased 1.7%. According to the company, more customers shopped at Dick’s during the quarter...
Rab, Lowe Alpine CEO Matt Gowar to Step Down
Equip Outdoor Technologies, parent company of technical outdoor apparel and equipment brands Rab and Lowe Alpine, has announced that it is looking for a successor for Matt Gowar, CEO and owner. Twelve years after buying Lowe Alpine, 20 years after buying Rab, and 30...
Backcountry’s First Wholesale Line Creates a Buzz at Outdoor Retailer
Online retailer Backcountry had one of the busiest booths at Outdoor Retailer Winter in Salt Lake City, Utah, last week. Backcountry was there to launch its namesake private label line at wholesale and there was a lot of buzz around the move. Colby Black, chief...
Sorel Names Cory Long President
Columbia Sportswear announced today that footwear industry veteran Cory Long will be the new president of the Sorel brand. Long most recently was global general manager and chief global merchant of DC Shoes. He has also held leadership roles at Mitchell & Ness,...
Cory Long Named President of Sorel
Long most recently was global general manager and chief global merchant of DC Shoes, which was part of the Boardriders sale to Authentic Brands Group.
Updated: Report and Photos From Outdoor Retailer Winter
Brands and retailers attending the Outdoor Retailer Winter show this week highlighted innovative new products and spoke of the importance of having an event to unite the industry. Happening from Nov. 14-16, OR Winter is taking place at the Salt Palace in Salt Lake...
Outdoor Retailer Winter Kicks Off This Week in Salt Lake City
Outdoor industry brands and retailers are once again gathering in Salt Lake City, Utah, for the Outdoor Retailer Winter trade show this week. This year’s winter show runs Nov. 14-16 at the Salt Palace, and exhibiting brands will be arranged with a new floor plan...
Yeti Q3 Sales Flat as Company Manages Cooler Recall
Yeti Holdings reported flat sales in the third quarter as the company managed the voluntary recall of its soft-sided coolers. Sales were $433.6 million for the quarter ended Sept. 30. “Sales in the quarter were in line with our prior outlook, as a diverse range of new...
