Patagonia’s Founder Will Avoid Paying $700 Million in Taxes With Legal Loophole On September 14, Patagonia made headlines and shocked the outdoor industry when owner Yvon Chouinard announced that he was transferring 98% of the family-owned company, including all its non-voting stock, to a new nonprofit called Holdfast Collective. Made in the name of saving the planet, the donation hands the company off to an advocacy group with a mission to “fight […] Nick DeRiso | September 21, 2022 3 Comments
Backcountry.com Is Suing Anyone Who Uses Its Namesake: Is This Fair? The e-commerce behemoth Backcountry.com is suing small business owners that have trademarked the word “backcountry”. A year ago, Backcountry.com filed for trademarks protecting the word “backcountry,” on their outdoor gear. Since then, the company has filed dozens of lawsuits and protests within the U.S. Patent and Trade Office targeting businesses that have trademarked the word “backcountry.” The fairness of this […] Industry News SnowBrains | November 5, 2019 10 Comments
How The US/China Trade War Impacts The Outdoor Industry One of the predominant political topics in 2019 has been the ongoing trade war between the United States and China, the two largest economies in the world. The trade war began in 2018 when President Trump signed an executive order placing numerous tariffs on Chinese goods, citing concerns about China’s trading practices. Tariffs and the various contexts around their implementation can […] Industry News Dylan Craig | August 23, 2019 0 Comments
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