Outdoor Industry Buzz: May 13, 2019 - SNEWS

Industry Buzz: Vista Outdoor, David Labistour, Cliffhanger Remake, OIA events, and a new Colorado rental shop

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Keep up by reading Industry Buzz. Here are today's top headlines:

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  • Granby, Colorado, recently saw the opening of Two Pines Supply, a "multisport outdoor store" stocked with all your rental gear needs. Hanna and Chris Olivier, the owners of Two Pines Supply, said they want to create a unique environment in their store, where both experts and novices alike can gather and learn. To facilitate this atmosphere the store will be hosting instructional classes, seminars, and clinics for the community. 
  • Vista Outdoor has recommitted to its Bell/Giro brands, stating hopes that they both can "return to growth and display the leadership economics [expected] from the brands in our portfolio."
  • In other Vista Outdoor news, the company reported multimillion dollar loss, losing $648 million in the most recent fiscal year. CEO Christopher Metz said that company executives are addressing the problems and implementing initiatives to improve sales. 
Cliffhanger Poster

The teaser poster for Cliffhanger

  • Director Ana Lily Amirpour is set to remake the 1993 film, Cliffhanger, with a fun twist: a female lead. The original film follows Sly Stallone's outdoorsman character as he faces off against a group of criminals who crash-landed in the Rocky Mountains. The female reboot will be headed to the Cannes marketplace after years of pushing by producer Neal Mortiz (known for his work with Fast and the Furious), and is even teasing a Jason Momoa cameo. Count us in!   
  • The 2019 Outdoor Retailer Summer Market is fast approaching, and with so many educational and diverse training opportunities offered by Outdoor Industry Association it's sure to be a good time. Check out the Events Calendar to start planning out your trip.
  • The idea to turn New River Gorge into a National Park is quickly evolving from a National Park model to a Park and Preserve model, which would allow hunting to continue on more than 50,000 of the 70,000 acres included in the legislature. WVNews reports that "hunting will only be cut back somewhat 5,000 acres of mostly areas of cultural or historic significance and landmarks being protected and within National Park boundaries, such as the town of Thurmond, Grandview, Sandstone Falls and the New River Gorge Bridge and areas within view of it." 
David Labistour

David Labistour will be replaced by Philippe Arrata.

  • David Labistour is stepping down as chief executive of Mountain Equipment Co-op after more than eleven years with the company. Philippe Arrata, chief financial and administrative officer of Best Buy Canada, will be taking his place on July 2.

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