Keep up by reading Industry Buzz. Here are today's top headlines:
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- Eighty Colorado outdoor companies have come together to urge Congress to support America's Public Land Act, which was just introduced Thursday afternoon by Sen. Martin Heinrich and Rep. Alan Lowenthal. Colorado Sen. Michael Bennet and Rep. Ed Perlmutter are original co-sponsors of the bill, which seeks to protect against selling off federally-controlled lands without an act of Congress. Businesses include the American Alpine Club, Backbone Media, Zeal Optics, Pine Needle Mountaineering, Honey Stinger, and Osprey Packs. Diane Wren, owner of Osprey, said, "As a Colorado business owner, with employees and customers who depend on public lands for backpacking, fishing, camping, hiking, biking, and other activities, I understand these lands are part of our heritage and important to the health of local communities, our state and country. Passage of the America’s Public Land Act would ensure that all Americans continue to have to access to and enjoy public lands for generations to come.” See the full letter here.
- Two outdoor industry executives resigned this week. Jerry Stritzke, CEO of REI, has stepped down after failing to disclose a personal relationship with the leader of a partner organization. Deanne Buck, executive director of Camber Outdoors, also resigned amid controversy over the CEO Outdoor Equity Pledge.
- Emerald Expositions, Outdoor Retailer's parent company, reported a net loss of $90 million in the fourth quarter. SGB Media reported that the corporation took on $104.3 million in impairment charges related to certain trade names and customer-related intangible assets.
- New research casts doubt on the claim that global consumers, especially millennials, are willing to pay more for sustainable goods. A survey by Kathmandu of 1,000 Australians points out discrepancies.
- Rocky Mountain National Park released 2018 visitor numbers—a record number of visitors. The park reported 4,590,492 visitors in 2018, a 3.5 percent increase over 2017.
- At a happy hour at Outdoor Retailer Snow Show, Nikwax raised $2,300 for Protect Our Winters. The aftercare product brand also gave away $10,000 worth of gear donated by over 30 brands, an insulated pint glass with 10 raffle tickets, and beverage refills, all for a $10 donation.
- GRAYL appointed former Nike executive Kate Delhagen as chairwoman of the Board of Directors. Delhagen is expected to lead the company into a substantial period of growth and triple sales in the next three years.
- Industrial Revolution, the Seattle manufacturer and distributor of essential outdoor accessories, tapped Drew Keegan as its new president.