Camping – Page 19
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News briefsTentree expands reforestation efforts to the oceans
Canadian athleisure company Tentree, based in Vancouver, is expanding their planting efforts offshore. The brand, which pledges to plant ten trees for every item purchased, has planted more than 93 million trees to date and will expand its portfolio to include kelp planting and coral regeneration. According to the company, ...
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News briefsJohnson Outdoors to sell Eureka! Military and Commercial Tents
Johnson Outdoors Inc. announced that it has entered into a definitive agreement to sell the Eureka! Military and Commercial Tents product lines of its Camping business segment to Rekord Group, a global company that specializes in commercial, event and military tents and structures. The transaction is expected to close by ...
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News briefsNemo expands its sales force in Germany and Switzerland
Hansjörg Schmidt, the owner of the sales agency Hersperger-Schmidt based in Sindelfingen, Germany, is expanding the German sales team for Nemo Equipment. By bringing Benjamin Bachhofer and Stefan Kraft on board, he is taking on two sales experts and also assuming responsibility for sales in Switzerland for the U.S. outdoor ...
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News briefsOlpro receives investment boost
British camping equipment specialist Olpro, founded in Worcestershire in 2011, has secured a £1,075,000 investment from the Midlands Engine Investment Fund (MEIF) through the MEIF West Midlands Equity Fund managed by Midven, part of the Future Planet Capital Group, to promote growth and increase operational capacity. Olpro will use the ...
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News briefsCascade hires David Fee as VP of sales and marketing NAPR
Cascade Designs has hired the former U.S. general manager of Castelli Cycling, David Fee, as its new vice president of sales and marketing for North America and the Pacific region. Fee will drive overall sales and marketing strategy for the region across all Cascade Designs product categories and distribution channels ...
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ArticleDirect, international drive Yeti in Q4
Yeti’s results were negatively impacted by voluntary recalls of certain soft coolers and dry gear bags for the period ended Dec. 31. Fourth quarter sales rose by 1 percent to $448.0 million from $443.1 million but were up 10 percent year-over-year to $486.4 million excluding impacts from the recalls. Direct-to-consumer ...
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News briefsGSI announces new EVP
GSI Outdoors has announced two new hires. Justin Walford is to become EVP of GSI Outdoors and Pelican International. Tyler Botts is the new brand marketing manager for GSI. Walford brings almost 20 years of outdoor industry experience to the position, building and leading wholesale and direct-to-consumer teams and business ...
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News briefsYeti appoints McMullen as CFO
Yeti, the U.S. designer, retailer and distributor of outdoor products, has announced the appointment of Mike McMullen as its senior vice president, chief financial officer and treasurer. McMullen has served as the company’s interim CFO since October 2022. McMullen joined Yeti in 2016 as head of financial planning and analysis ...
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ArticleNew OIA study: How to save money and reduce emissions
Five members of the U.S. Outdoor Industry Association’s (OIA) climate action corps have now released the results of a jointly commissioned study on the feasibility of electrifying the textile and apparel industry. Burton, New Balance, Patagonia, REI Co-op and W.L. Gore’s fabrics division partnered with the OIA for the study, ...
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News briefsLeadership change at Newell Brands
In light of the upcoming retirement of current Newell Brands CEO and board member Ravi Saligram, the company has announced the appointment of Chris Peterson as president and CEO, effective May 16, 2023. At the company’s 2023 annual meeting of stockholders on that date, the board also plans to nominate ...
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News briefsNewell Brands’ outdoor & recreation segment widens Q4 loss
The business unit, which includes CampingGaz, Coleman, Marmot and Ex-Officio, recorded a $14 million operating loss against a loss of $1 million for the period ended Dec. 31. Total segment sales fell by 21 percent to $211 million from $304 million because of unfavorable currency conversion impact and the exit ...
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ArticleNew president and CEO to come at Thule
The Thule Group AB will be making Matthias Ankarberg – a member of the Thule Group board since 2018 – its president and CEO no later than Aug. 9. Ankarberg will be joining Thule from his current position as CEO of Byggmax Group. His former positions include global sales and ...
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ArticleFenix Q4 profits squeezed as sales inch up 4%
Martin Nordin, chairman, describes Q4 as “another quarter of insecurity” for Fenix Outdoor.
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News briefsExped hires new product manager
Source: Exped Mathieu Corbineau Swiss brand Exped has hired Mathieu Corbineau as its new product manager for its backpacks, stuff bags and gear bags, replacing the current product management team of Muriel Weber and Marc Raillard. The two will concentrate on other roles within the company. Weber ...
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News briefsAmerican Outdoor Brands sues The Allen Company for patent infringement
American Outdoor Brands (AOB) has announced that it has filed a complaint against The Allen Company, alleging “repeated infringement by Allen of America Outdoor Brands’ patent rights incorporated in the Lead Sled shooting rests; Orange Peel shooting targets; and Ultimate Target Stand through Allen’s sales of the Shottrax and Shot-Rock ...
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News briefsVista Outdoor replaces CEO Chris Metz with interim chief Gary McArthur
The board of Vista Outdoor Inc, parent company of 41 brands in the outdoor and firearms sectors, has asked its CEO Chris Metz to resign from his role after the company’s board lost confidence in his leadership. The board, which named director Gary McArthur as Vista’s interim chief, said Metz ...
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ArticleVista Outdoor net income dips 45% in Q3
Vista Outdoor, the group that owns 41 sporting and outdoor brands, saw its Q3 net income fall by 45 percent to $65.1 million from $118.1 million for the third quarter ending Dec. 25. Reported earnings before interest and taxes (EBIT) declined by 38.8 percent to $97.3 million. Earnings before interest, ...
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News briefsInitiative supported by Patagonia takes the next step to Vjosa National Park
The project team fighting for the creation of the Vjosa Wild River National Park in Albania has taken an important step forward. Albanian and international experts have presented their vision, feasibility study, and a strategic project plan to the Albanian government. The assessment is the result of six months ...
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ArticleDometic Q4 organic sales slump 11%
Dometic reported sales in the fourth quarter of 2022 of 6,172 million Swedish kronor (€550.1m), up by 11 percent on the year earlier, as acquisitions and currency tailwinds more than offset an 11 percent contraction in organic sales. The decline in organic sales at the Swedish specialist in products for ...
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News briefsThule Group tightens climate targets
The Thule Group has set net-zero targets for 2050, extending its climate strategy set up already in 2020, when the company applied for formal review and approval by the Science Based Targets initiative (SBTi). According to the company, the group commits to reducing its overall greenhouse gas emissions by at ...
