By Mathias Eichler
JOIN US! Grab some popcorn, dive into our archive of films, and support independent filmmaking all month long.
Grab some popcorn, dive into our archive of films, and support independent filmmaking all month long.
REI just had their third round of layoffs. Prana recorded a 21% revenue decline, VF reports ‘disappointing’ quarter which includes a 11% revenue drop for the North Face, which grew sales in Asia but the US dragged them into negative numbers., Columbia announce layoffs and Mountain Hardware is struggling.
Ooooof, and a couple of thoughts:
Overall the economy is supposed to be looking up. So this feels like the outdoor industry is going into the opposite direction of consumer sentiment. If everything everywhere would be on a downturn the issues would be more on a macro level and could be blamed on outside factors, but it feels like the ball’s in the outdoor industry’s court to fix for themselves.
Thus concludes my absolute inadequate understanding of economics and financial trends. Carry on everyone.
Electric Cable CarTM is a product of Einmaleins. © 2018 - 2024. All Rights Reserved.