Solo Brands CEO Chris Metz recently stepped down after one year on the job.Â
Kate Robertson
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Update: Black Diamond Issues Second Recall this Month of Safety Equipment
Before the latest recall, parent company Clarus Corporation received subpoenas last month as part of an investigation by the U.S. Attorney’s Office in Utah related to its previous response to malfunctioning avalanche safety equipment.
REI Enters Sale-Leaseback Agreement for Four Distribution Centers
New York-based real estate investment firm Madison Capital acquired the properties, which include both buildings and land.
Birkenstock Revenue Up 19% After Strong Holiday Demand
Wholesale sales increased as consumers clamored for closed-toe silhouettes.
Helly Hansen Sold to Jeanswear Experts Kontoor Brands
Canadian Tire is selling Helly Hansen for CAD $1.2 billion ($897 million). It acquired the brand in 2018.
Cooler and Drinkware Maker ORCA Ceases Operations
“This was a difficult decision made after extensive deliberation and careful consideration,” says an email from parent company Gathr Outdoors to dealers.
Nike and SKIMS Launch NikeSKIMS Fitness Brand
The North Face’s recent collaboration with the brand by Kim Kardashian was one of its most successful ever.
Cotopaxi CEO to Speak at Outdoor Retailer Industry Day
The newly appointed CEO will join a long list of panelists booked for a free event happening one day before Outdoor Retailer officially kicks off.
Merrell Appoints New Chief Marketing Officer
The new CMO previously worked for Champion and Canada Goose.
Canadian Brands and Retailers Reeling from Tariff Threat
Business leaders in Canada are using the 30-day pause on merchandise tariffs to grow their domestic suppliers, work with U.S. vendors, and to remind Canadian consumers to buy local.
Peak Performance Announces Leadership Change
Former Woolrich, VF Corporation, Nike, and Ralph Lauren executive will take the helm of the Sweden-based brand in April.
Black Diamond, Clarus Subpoenaed Over Avalanche Safety Equipment Reponse
The U.S. Attorney’s Office for the District of Utah is investigating following a Consumer Products Safety Commission inquiry into its response to faulty avalanche transceivers.