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Sorel 2024 Revenue Expected to Fall Double Digits
Industry footwear brand Sorel, owned by Columbia Sportswear, is experiencing weak sell through this season, which is weighing on future wholesale orders, according to Columbia executives. As a result, Sorel’s…
News February 6, 2024Alterra to Acquire Popular Arapahoe Basin Ski Area in Colorado
Alterra Mountain Company announced Monday that it has entered into an agreement to purchase Arapahoe Basin in Colorado from Canadian real estate firm Dream Unlimited Corp. The transaction is expected…
News February 5, 2024Columbia Brand Aims to Grow by Targeting Younger Consumers
Columbia Sportswear’s Columbia brand posted sales of $885.7 million for the quarter ended Dec. 31, down 8% in constant currency compared to the same period last year. “While fourth-quarter weather…
News February 5, 2024Authentic Brands Launches Online Shop Amid Reports of IPO Talk
The marketplace aggregates several Authentic portfolio brands and touts a new membership program as Authentic CEO Jamie Salter reportedly eyes an IPO once again.
News February 5, 2024Mountain Hardwear Q4 Revenue Down On Lower Wholesale Shipments
Outdoor apparel and gear brand Mountain Hardwear posted sales of $29.5 million for the quarter ended Dec. 31, down 12% in constant currency compared to the same period last year.…
News February 5, 2024Revelyst Announces Layoffs, Office Closures
Further consolidation is leading to office closures and layoffs across the Revelyst organization, which is the new name for the outdoor products division of Vista Outdoor. The news was announced…
News February 2, 2024More Outdoor Brands to Move to Fox Racing HQ Amid Revelyst Layoffs, Office Closures
The Irvine office will now become the home of the entire Adventure Sports group under Vista Outdoor’s Revelyst segment.
News February 2, 2024Deckers CEO to Retire; Momentum Continues for Ugg, Hoka
Long-time Deckers Brands President and CEO Dave Powers will retire in August, leaving the company with two core businesses that continue to gain ground. Deckers made the leadership announcement Thursday,…
News February 2, 2024