Cortez, Colo. — Osprey Packs' popular bi-annual Locals' Sale and Fundraiser has brought in $7,650 for several nonprofits near the pack brand's home of Cortez, Colo. The fall sale, which just wrapped up, raised $3,350 for the Four Corners Recycling Initiative.
Washington, D.C. — Congress passed a bill delegating 250,000 acres of wilderness in Nevada, New Mexico, Colorado, Washington state, and Montana as state-protected land. The conservationist effort was pushed by the OIA, its partners, and OIA members at the local level in each of these states. The newly preserved areas improve access and recreation infrastructure for hikers, anglers, motorized users, mountain bikers and backpackers.
Click through to see which areas have been affected by the largest public lands passage in the last six years.
Silver Spring, Md.— The American Hiking Society has partnered with America's State Parks for a second year to promote First Day Hikes, an event held in all 50 states to promote family hiking. Last year, 27,000 people participated in the First Day Hikes on the first day of the new year across the country.
Portland, Ore. – Columbia Sportswear Co.'s stock status has been upgraded from a neutral rating to a “buy” rating by Goldman Sachs. The news comes after Columbia announced it was scouting a location for a call center to support their direct-to-consumer operations in late November. Columbia has been steadily growing its direct-to-consumer business, opening several retail stores this fall and winter, and plans to increase the role of D2C in its business going forward. Columbia's third-quarter sales totaled $675.3 million, with their direct-to-consumer operation accounting for 34 percent of total sales. Net income totaled $0.93 per diluted share in late November, $0.06 higher than the Thomas Reuters prediction of $0.87.
New York City, N.Y. – Canada Goose announced the opening of its New York City sales office located in the historical landmark Starrett-Lehigh building in West Chelsea. The 3,000-square-foot office will house the U.S. sales team and report to Ian Widmer, Senior Director of Sales. Widmer is based at the U.S. headquarters in Denver, which opened in 2013. The outerwear brand's growth in the U.S. market saw revenues increase by more than 45 percent in the last year. Canada Goose President and CEO, Dani Reiss, said that the U.S. is the brand's fastest growing market.
British Columbia, Canada — The North Face and the Canadian Olympic Committee (COC) are in a legal struggle over what counts as profiting from “indirect” ties to the Olympics. The question is whether a line of The North Face clothing released before the 2014 Sochi Olympics was marketed as being affiliated with the Olympics, when The North Face (or its parent company, VF Corporation) didn’t officially partner with the committee. Now the suit is moving to trail, after the COC originally filed in January of this year.
Milano, Italy — Thermore is releasing its new EVOdown to the outdoor market in time for January's Outdoor Retailer, where it will be showcasing its down alternative. The insulation brand also just put the finishing touches on bringing the EVOdown technology to all of its Asian plants, which will make the technology available globally. It also recently earned bluesign approval on the insulation.