January 13, 2017 Outdoor Execs Say They’ll Exit Utah over Recreation Access
As the state of Utah threatened to sue the federal government over the Obama Administration’s recent designation of 1.35 million acres for the Bears Ears National Monument, the founder of Patagonia wrote an open letter to the governor promising his company would withdraw from the Outdoor Retailer Show over the issue and the former CEO of Black Diamond wrote an op-ed piece in the Salt Lake City Tribune saying the show would withdraw from the state over the issue. Report: Canada Goose to IPO Soon
The high-end outerwear maker retained Credit Suisse, Canadian Imperial Bank and Goldman Sachs in Nov. to underwrite the offering, and Bloomberg reported it could go public as soon as next month, citing a confidential source. Vista Outdoor Names Dave Allen President of Outdoor Products
Vista has rearranged its outdoor products leadership team, promoting Dave Allen to president of the segment replacing Kelly Grindle, who has left the company after just one year. Newell Brands Sells Rubbermaid
The brand, which had annual sales of $70 million, was divested to plastics products maker United Solutions for an undisclosed price. Jordan Brand Signs Argentine Basketball Confederation
Replacing outgoing sponsor Kappa, the Jumpman will adorn the footwear and apparel for all national basketball teams, including women’s and men’s leagues, majors and youth. Sporting Goods/Hobby/Book/Music Sales Fall Again in Dec.
The Commerce Department said sales for Dec. were $7,582 million this year, down 3.6% from $7,864 million last year on an adjusted basis. Etcetera: Rocky Brands, Epoch Lacrosse, Alps & Meters, Exxel Outdoors
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