Auburn, Ala. – Kinnucan's is opening a new store in Alpharetta, Georgia starting at the end of October. It will be located alongside 60 experiential restaurants and retailers in a brand new shopping area (Avalon) that also has a central village where people work and live. Like the other 12 Kinnucan's stores (13 total), the new shop will cater to the idea of a premier lifestyle, carrying specialty apparel, everyday casualwear and outdoor-inspired products. These include women's boutique fashion styles, men's techwear and southern goods. Kinnucan's also sells outdoor equipment such as kayaks, stand-up paddle boards, hammocks, hydration, tents, sleeping bags, backpacks and travel accessories.
Toms, the lifestyle footwear brand that grew in popularity largely due to its one-for-one business model, has sold a 50 percent stake to private equity giant Bain Capital. The deal valued Toms, an eight-year-old company, at about $625 million. Toms founder and sole owner, Blake Mycoskie, will maintain 50 percent ownership; however, Bain will bring in a new chief executive to take over.
The sale surprised many, who view Toms as a leader in corporate responsibility and Bain, not so much. Bain Capital has been scrutinized in the past for its quick buy-scale-sell mentality, which can lead to massive pay cuts, layoffs and store closures.
What’s UP PR recently hired Alise Bailey as a social media account executive, as part of its continued social media expansion. The public relations and event management company has an extensive list of outdoor industry clients among them: Bergans of Norway, Chaos Headwear, Deuter USA, Pakems Shoes and ZDAR Boots.
Bailey was hired in conjunction with the introduction of a revamped site with blogging and social media as well as social networking features. Bailey is currently a senior at the University of Denver where she is studying International Studies and Leadership. In her position at What’s UP PR she works on the company’s outdoor and ski social media channels.
With impressive growth in the last three years Hydro Flask has joined Inc. Magazine’s top 500 list of the fastest-growing private companies in the U.S. In doing so it joins a handful of other companies focussed on the outdoor industry on the list. However, the Bend, Ore., water bottle manufacturer is likely the outdoor industry-focussed, non-electronics manufacturer that made the magazine’s 2014 list.
VF Corp. has published its first update on a worker safety program to improve labor conditions in Bangladesh. The company has faced a lot of criticism regarding its labor practices in Bangladesh, largely because it hasn’t signed onto the Accord on Fire and Building Safety in Bangladesh, a contract created following a tragic fire in Bangladesh factory. Instead, VF responded by founding the Alliance for Bangladesh Worker Safety, which isn’t legally binding.
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