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VF Corp. Lays Off About 500 Under Reinvent Turnaround Plan
VF Corp., parent of brands such as Vans and The North Face, confirmed it has laid off roughly 500 positions across the organization. “As part of VF’s new Reinvent strategy,…
News November 29, 2023Surf Specialty Off to Steady, Not Spectacular, Start During Black Friday Weekend
Retailers – including Surfside Sports, Hansen’s, HSS, and Island Water Sports – offered a look at how they did over Black Friday weekend, what brands sold, and their views on…
Executive Edition November 28, 2023Inside Teton Gravity Research’s Retail Expansion Plan
There aren’t many outdoor brands built quite like Teton Gravity Research. The action sports business based in Jackson Hole, Wyoming offers an apparel and gear line, runs a handful of…
News November 28, 2023Roark Names Jason Steris CEO
The former CEO of Volcom and Troy Lee Designs is bringing his deep experience to the growing Roark brand. Founder and current CEO Ryan Hitzel will focus on brand, product…
News November 27, 2023Backcountry to Sell European Subsidiary to Decathlon
The move is part of Backcountry's strategy to focus on North America and also expand its private label Backcountry brand into wholesale.
News November 27, 2023Backcountry to Sell European Subsidiary to Decathlon
Backcountry has entered into a definitive agreement to sell its European subsidiary, Bergfreunde, to Decathlon, a global sporting goods retailer based in France. The move is part of Backcountry’s efforts…
News November 27, 2023Vista Outdoor Receives Unsolicited Proposal to Buy Company
Vista Outdoor announced it received an offer last Wednesday from Colt CZ Group to buy the company for $30 per share, or $1.74 billion, which, if accepted, would scrap the…
News November 27, 2023Urban Outfitters Sales Fallout Continues on Marketing, Fashion Misses
The company plans to be more promotional for the holidays. Plus, CEO Dick Hayne discusses how retail is on the cusp of major transformation due to artificial intelligence.
Executive Edition November 22, 2023Outdoor Industry Contributes More Than $1 Trillion to U.S. Economy
The U.S. economic impact of the outdoor industry has exceeded the trillion-dollar mark for the first time. The U.S. Department of Commerce’s Bureau of Economic Analysis late last week released…
News November 22, 2023