January 31, 2020 Outdoor Retailer: Season Was a 5 On a Scale of 1-10
Coming off of a year that was a 10, the 2019-20 season is shaping up as pretty much a right down the middle year with some pockets of strength and weakness based on weather and a bit of a hangover in winter apparel. World Athletics Bans Multiple Carbon Plates
World Athletics, the sport of running’s international governing body, set limits on midsole design and construction that would ban some versions of Nike’s Vaporfly franchise from elite competition. Johnson Outdoors Profit Improves in FQ1
Net income in the fiscal first quarter ended Dec. 27 surged 83% to $6,430,000 from $3,521,000 on 23% higher sales of $128,054,000 up from $104,440,000 in the seasonally slow period. CBP Seizes $123 Million in Superbowl Merchandise
Customs and Border Protection seized more than 176,000 counterfeit Super Bowl LIV-related items, worth an estimated $123 million at retail, from Miami, FL, flea markets, retail outlets and street vendors. Canadian Tire Leverage Will Improve, S&P Forecasts
Standard & Poor’s maintained the Canadian retailer’s BBB+ issuer credit rating, forecasting an increase in EBITDA this year driven by growth of its private label brands, further integration of Helly Hansen, and a focus on improving operating efficiency. Fenix Outdoor Names Primus and Brunton CEO
Fenix promoted company veteran Per Wååg to global CEO of Primus AB and Brunton Outdoor. LifeStraw Elevates Alison Hill to CEO
The water filtration products company promoted its long-time managing director, Alison Hill, to CEO, succeeding Mikkel Vestergaard Frandsen, who is the owner of LifeStraw’s parent company, Vestergaard. Etcetera: Saucony, Snow Peak, Puma
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