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Columbia Sportswear Announces Layoffs Due to Market Challenges
After posting a sales decrease for the fourth quarter of 2023 and forecasting a revenue decline for 2024, Columbia Sportswear announced Thursday that it will enact a 3%-5% reduction in…
News February 2, 2024
Vista Outdoor Leaders Comment on Current State of Outdoor Market
The leader of Vista Outdoor’s outdoor products category noted ongoing challenges in the outdoor specialty retail space during a conference call with investors today. Eric Nyman, CEO of the company’s…
News February 2, 2024
Deckers CEO to Retire; Momentum Continues for Ugg, Hoka
Dave Powers, who helped propel the success of star brand Hoka among other accomplishments, is set to retire Aug. 1, the company said in an earnings update Thursday.
News February 2, 2024
Arc’Teryx, Salomon Parent Amer Sports Begins Trading
Arc’Teryx and Salomon parent Amer Sports Inc. re-entered the public markets Thursday, a day after trimming the share price of its initial public offering. The IPO and stock price are…
News February 1, 2024
How Yeti, Mystery Ranch Acquisition Could Impact Both Brands
The news that outdoor products company Yeti acquired backpack brand Mystery Ranch yesterday sent a shockwave through the industry, as both brands have dedicated followings and strong enthusiasm from core…
News February 1, 2024
Rip Curl Responds to Backlash Over Work with Transgender Surfer
Rip Curl has faced mounting criticism over its work with Australian transgender longboarder Sasha Jane Lowerson in what could prove a hurdle to the company’s ambitious growth plans in North…
News February 1, 2024
Yeti Acquires Backpack Brand Mystery Ranch
Yeti makes a big move in the outdoor market by acquiring fast-growing Mystery Ranch, a backpack brand with a strong reputation with backcountry experts and wildland firefighters alike.
News January 31, 2024
Yeti Acquires Backpack Brand Mystery Ranch
Outdoor products company Yeti announced Wednesday that it has acquired growing pack brand Mystery Ranch. Terms of the deal were not disclosed. The Daily will update this story with more…
News January 31, 2024
VF to Shutter Santa Fe Springs Distribution Center
The Santa Fe Springs property will be permanently closed with the layoffs completed by May 31, a Vans HR representative confirmed to the state.
News January 31, 2024
