The Adventure Cycling Association is North America's largest non-profit cycling organization. It exists to inspire more people to travel by bicycle and to improve conditions for existing bicycle travelers. The association has performed well for fiscal year 2012 (October 1, 2011 to September 30, 2012). It is now operating with a budget of $4.95 million—up 17% over last year.
Philadelphia, PA – Versa Capital Management LLC today acquired Eastern Mountain Sports (EMS). Versa Capital Principal and Chairman of Bob’s Stores, Mark Walsh, will serve as chairman of the Board of EMS. No disclosure has been made about the purchase terms.
No major initiatives will be considered until the holiday season is over, however plans are being made to explore opportunities for a collaboration between Bob’s Stores and EMS, as well as for maintaining all current EMS stores.
Following the Summer Market in August, Outdoor Retailer (OR) and Outdoor Industry Association (OIA) collected and analyzed input from more than 3,000 tradeshow stakeholders in order to understand the needs of the industry as OR continues to outgrow its current facilities in Salt Lake City.
Unfortunately, industry favorites like Salt Lake City and Denver are currently too small to house the tradeshow in a single venue. According to Kenji Haroutunian, Nielsen Expo Outdoor Group VP and OR show director, conversations will continue with officials in those cities while other venue options that are large enough for OR are being pursued.
The National Retail Federation launched a grassroots voting initiative, Retail Means Vote, designed to encourage retailers’ active participation in the elections. The website, retailmeansjobs.com/election, includes a range of voter tools and resources such as candidate biographies, the latest in election news and information on the voting process itself.
Big City Mountaineers has reached the ninth year of its Summit for Someone fundraising climb series. Donations made to climbers go toward improving the lives of under-privileged, urban youth through wilderness mentoring expeditions.
Along with an updated website and new sponsors, seven new climbs have been added to this year’s Summit for Someone roster, including international destinations like Everest base camp, Aconcagua and Ecuador Volcanoes.
The Eastern Outdoor Reps Association (EORA) is launching its Outdoor Opportunity Grant Program beginning January 2013. With the grant program, the association hopes to support non-profit organizations in-need that are located within the three eastern regions EORA serves: New England, the Mid-Atlantic and the Southeast. Each region will have access to grant funding of up to $1,000, and applicants must be a charitable non-profit organization with IRS 501(c)(3) status.
To apply, visit EORA.org or contact the EORA offices at 828-252-7956. The application deadline is October 31, 2012. All accepted applications will be notified by December 31, 2012.
Textile Exchange has written the Content Claim Standard (CCS) as a tool for companies to establish a chain of custody for the materials in their products. Using transaction certificates to track the input and output at each step, the standard sets requirements to ensure that the integrity of the ‘claimed’ materials are protected as the material moves from source to finished product.
Textile Exchange has partnered with Outdoor Industry Association (OIA) to review the standard through the Materials Traceability Working Group (MTWG), a subset of the broader OIA Sustainability Working Group (SWG).
Three Utah government officials traveled to Boulder, CO to meet with the Outdoor Industry Association (OIA) to continue discussion of the organization’s ultimatum: Gov. Gary Herbert must drop the threat to take over federal lands or risk losing the bi-annual shows that inject more than $40 million yearly into the state economy.
The controversial legislation signed by Herbert in March 2012 demands the federal government cede control of public lands in Utah by 2014 to open more space for motor vehicles and energy development. There is nearly 4,700 square miles of land at stake.
Governor Pat Quinn signed the Benefit Corporation Bill into law, making Illinois the tenth state in the nation and first in the Midwest to enact the legislation. The nine other states represent both coasts and the South.
The law creates a new class of corporation—benefit corporations—that are given legal protection to create value for society, not just shareholders, while agreeing to higher standard of accountability and transparency.
The legislation will take effect on January 1, 2013.