Inside the outdoor industry

O&CC to close three outdoor stores

Outdoor retail group Outdoor & Cycle Concepts, has announced the terms of a CVA Proposal proposed by the directors of the Company which will see it closing four stores across its portfolio.

Columbia posts 14 per cent sales rise

Columbia Sportswear announced net sales of $917.6 million for the fourth quarter 2018, an increase of 18 per cent, compared with net sales of $776 million for fourth quarter 2017 with full year sales up to $2.8bn.

Columbia completes Shanghai buyout

Columbia Sportswear has completed its buyout of the remaining 40 per cent interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited, a subsidiary of Swire Pacific Limited.

New financing for Vista

Vista Outdoor has completed the refinancing of its existing senior secured credit facilities by replacing those facilities with a new asset-based revolving credit agreement and term loan credit agreements.