Outdoor retailer Patagonia laid off 41 employees, or 1% of its workforce, yesterday at its Ventura, California headquarters as part of a broad review of its corporate operations. Patagonia Communications Manager Corey Simpson said in an email that most teams at the...
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Oboz Full Year Sales Hurt by Outdoor Wholesale Challenges
KMD Brands, the parent company of Rip Curl, Oboz and Kathmandu, had a rough year, reporting a net loss of NZ$48.3 million (US$30.58 million), a 231% decline from last year’s profit of NZ$36.6 million (US$23.17 million). Oboz’s full year sales were down by 20% in...
Outdoor Media Summit Launches Executive Track for CEOs of Emerging Companies
Outdoor Media Summit (OMS), the premier conference for media and marketing professionals in the outdoor industry, announces the launch of its new Executive Track. This dedicated session track is designed to meet the unique needs of CEOs from emerging outdoor companies...
“Don’t Forget About Us”: Lahaina Survivors Reflect on Fires One Year Later
The surf industry is rebuilding and reimagining how tourism can recover in West Maui and protect what makes it so special.
Outdoor Retailer To Move to One June Show Per Year
The Daily asked Outdoor Retailer Show Director Sean Smith questions about the new strategy, what it means for OR going forward, and what it means for the November 2024 show.
Vista Outdoor Board Recommends Deal with CSG, Rejects MNC Capital Offer
Vista Outdoor's board of directors again unanimously recommended shareholders vote in favor of a deal with Czechoslovak Group (CSG) and rejected a competing final offer from MNC Capital, according to documents filed with the SEC. The board however is still in talks...
Surf Expo Swimwear Report: Bright Color, Tons of Texture, and Functionable Fashion
Jolyn, PQ Swim, Maaji and more brought the latest trends to the show floor in Orlando earlier this month.
World Industries Acquired by Flojos Parent and Former CEO John Dickinson
Dickinson, who owns Flojos and other footwear brands, served as the CEO of skate-focused World Industries from 2004 to 2010.
Czechoslovak Group Sweetens Its Offer to Buy Vista Outdoor’s Ammo Arm
Czechoslovak Group (CSG) increased its previous offer to buy Vista Outdoor's ammunition arm to include a 7.5% stake in Revelyst, the company's outdoor division, in an effort to beat out a competing offer from MNC Capital to buy the company outright. In addition to its...
Vista Outdoor Execs to Receive $1.2 Million Bonuses to Complete Strategic Review
This story was updated to correct Jason Vanderbrink's job title. Vanderbrink is the CEO of The Kinetic Group and the co-CEO of Vista Outdoor. Two more executives leading the strategic review at Vista Outdoor will receive bonuses upon the completion of the review, this...
Backcountry Acquired by Tech Platform CSC Generation Enterprise
Previous owner TSG Consumer Partners had been exploring the sale of the large outdoor industry retailer for more than a year, according to reports.
Backcountry Acquired by Tech Platform CSC Generation Enterprise
Technology platform CSC Generation Enterprise has acquired outdoor retailer Backcountry, a large account for the outdoor industry, including its portfolio of brands MotoSport, Competitive Cyclist, and Steep and Cheap. Former owner TSG Consumer Partners, a private...