For Valentina Thompson and Madison Hilson, the benefits of spending time outdoors go far beyond exercise. Connecting with nature through movement has massive mental health benefits as well. "Getting outside literally saves lives," Hilson said in an interview with The...
Four executives at Vista Outdoor were granted $500,000 retention bonuses on Aug. 7 to complete the company's strategic review of its options when it comes to separating its ammunition arm, The Kinetic Group, and its outdoor gear branch, Revelyst, according to...
Updated: This story was updated on Aug. 9 with a statement from GoDigital. The Eastern Mountain Sports (EMS) retail brand may survive bankruptcy after the court on Wednesday approved a $5 million stalking horse bid from U.K.-based Mountain Warehouse for some of the...
Wolverine Worldwide, the parent company of Merrell, Saucony, Sweaty Betty, and Chaco, raised the mid-point of its guidance for 2024 after reporting better-than-expected revenue and earnings for the quarter ending June 29. The top- and bottom-line numbers still...
Revenues at The North Face and Timberland declined again in the first quarter of fiscal year 2025 as parent company VF Corp. cut costs, divested its Supreme brand, and hired new leadership to help turn the ship around. The North Face’s revenue declined by 2% year over...
Vista Outdoor said it is expecting to confirm a higher offer from MNC Capital to acquire the company, reiterated its 2025 guidance, and announced a partnership between celebrity chef Guy Fieri and outdoor grill brand Camp Chef on its earnings call Tuesday morning for...
It may not drive sales, but newer and more casual surfers could be inspired by the 2024 Olympics to dust off their boards, industry analysts say.
Vista Outdoor's board of directors will take another look at its options following criticism from shareholders for the board's unanimous support for a $2.15 billion offer from The Czechoslovak Group (CSG) for The Kinetic Group, its ammunition arm. “We recognize the...
Competition, slow consumer demand and cautious retailers in the U.S. drove softer net sales at Columbia Sportswear in the second quarter of 2024, delivering results CEO Tim Boyle said were largely in line with the company’s expectations. Columbia reported net sales of...
Former CEO Jeff Fitzhugh, who departed RAEN for De Rigo Eyewear, says Northcott is the natural choice to take the helm.
The competition to acquire some or all of Vista Outdoor heated up this week as the company delayed a special shareholder meeting on the matter by a week and released preliminary financial results that could make it more difficult for the board-approved Czechoslovak...
Randy Hales announced to his wife that he was planning to retire in 2018 after finishing a seven-and-a-half-year run leading mobile accessories company ZAGG Inc. After completing some training, he headed out on his bike, riding from San Diego, California, to St....
