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.
Kate Robertson
Kate Robertson's Latest Posts
Vista Outdoor Board to Revisit Options for Separating Revelyst, The Kinetic Group Following Criticism
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...
Columbia Sportswear Reports Softer Sales and $11.8 million Net Loss in Second Quarter
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...
New RAEN CEO Jesse Northcott Focused on Keeping Up Momentum
Former CEO Jeff Fitzhugh, who departed RAEN for De Rigo Eyewear, says Northcott is the natural choice to take the helm.
Vista Outdoor Releases Preliminary Financial Results as CSG Agrees to Higher Price
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...
Kent Outdoors Focused on Innovation and Growing Distribution, Says CEO Randy Hales
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....
Additional Large Vista Outdoor Shareholder Doesn’t Support Sale to CSG
Another large Vista Outdoor shareholder announced Wednesday that they do not support the sale of the company's ammunition business to Czechoslovak Group (CSG). Gates Capital, which owns 5,589,041 shares (or 9.6%) of Outdoor Vista, said in a letter to the board of...
Surf Industry Members Association Adjusts to “Seismic” Change
Ahead of the annual Waterman’s Weekend, Executive Director Vipe Desai reflects on SIMA’s 35-year history and how the association is evolving with the surf industry.
Outdoor Retailer Earns Its Name Back at Summer Show, Says Rock Fight Podcast’s Colin True
Colin True, co-host of outdoor industry podcast Rock Fight, said that since he's been attending Outdoor Retailer, he'd always thought the name didn't quite suit the show. "It really flipped to be more of a showcase," said the longtime industry veteran who most...
Former REI Exec Chris Speyer Joins MEC as Chief Merchandising Officer
Outdoor industry veteran Chris Speyer is joining Vancouver, British Columbia-based Mountain Equipment Company (MEC) as its chief merchandising officer (CMO). Speyer's seven-year run at Recreational Equipment Inc. (REI), most recently as its senior vice-president, is...
Grassroots Outdoor Alliance Announces 2024 Outdoor Specialty Awards Winners
Grassroots Outdoor Alliance (GOA) named its Retailer of the Year, Vendor Partner of the Year, and Community Giveback Award winner as part of the Grassroots Outdoor Specialty Awards. The 2024 winners are: The Mountaineer of Keene, New York, which won Retailer of the...
Vista Outdoor Board Negotiates Higher Price from CSG for The Kinetic Group, Rejects MNC Offer
Vista Outdoor's plan to sell its ammunition arm to Czechoslovak Group (CSG) could close this month after its board negotiated a higher price for the merger and rejected a competing offer from MNC Capital. CSG agreed to pay $2.1 billion, or an additional $100 million,...
