EXEC: Portland’s Next Adventure Set to Shutter After Epic Summer Retirement Sale
EXEC: Lowa’s Peter Sachs Talks Retirement, Outdoor Industry Changes
EXEC: Dick’s SG and Foot Locker Confirm $2.4 Billion Merger Deal
U.S. Customer Satisfaction Falls in First Quarter
EXEC: Rocky Mountain Transitions into Chaos After Court-Directed Sale of Assets
SGB Update
First Descents CEO Ryan O’Donoghue Loses Battle with Mental Illness
The nonprofit that provides outdoor adventures for young adults impacted by cancer and other serious health concerns, saw its CEO succumb to mental illness, taking his own life on May 9, 2025.
Lazydays RV Cuts Q1 Net Loss as Revenues Shrink
The company completed the strategic divestiture of five dealership locations in the quarter, enabling it to enhance its cost structure and significantly de-lever the balance sheet by repaying approximately $145 million in debt.
Dick’s SG Expects to Post 4.5 Percent Comp Sales Growth in Q1
The 4.5 percent comparable sales growth expected for the fiscal 2025 first quarter comes on top of a 5.3 percent increase in the prior-year Q1 period.
Leatt Corp. Continues Double-Digit Growth Across All Protective Gear Categories in Q1
Dealer direct sales in the U.S. at the brick-and-mortar level contracted by 9 percent as U.S. Moto and MTB dealers continue to manage industry-wide stocking dynamics and some turbulence at the dealer level.
Report: U.S. Ski Areas Boast Second-Highest Ever Visitor Rates on Solid Snowfall
The National Ski Areas Association reported preliminary data indicating that the 2024-25 season marked the second-highest visitation on record at U.S. ski areas, with a total of 61.5 million skier visits – a 1.7 percent increase year-over-year.
SGB Executive
EXEC: Portland’s Next Adventure Set to Shutter After Epic Summer Retirement Sale
Deek Heykamp and Bryan Knudsen, the owners of Next Adventure, announced this week that their stores would be closing this year and the two friends since childhood would be retiring.
EXEC: Canadian Tire to Keep Hudson Bay Company Brand Alive; Acquires Assets
CTC quietly announced Thursday, May 15 that it had entered into a definitive agreement to become the home of iconic Canadian brands and other intellectual property of the Hudson’s Bay Company
EXEC: Lowa’s Peter Sachs Talks Retirement, Outdoor Industry Changes
Peter Sachs, the longtime U.S. general manager at Lowa, sat down with SGB Executive to talk about his 29-year career building the German boot maker’s U.S. business, the current state of the outdoor industry, and semi-retirement plans.
EXEC: Boot Barn CEO Expects Little China Tariff Impact on Exclusive Goods
The company will only have 5 percent on order from China in the second half of the year, with China exclusive brand product ~$2.3 million of “tariffable product” for the remainder of fiscal 2026.
EXEC: Dick’s SG and Foot Locker Confirm $2.4 Billion Merger Deal
After seeing the global ambitions grow for JD Sports and Sports Direct, now comes the colonists, with Dick’s Sporting Goods fighting the good fight to protect the motherland from the ambitions of the crown while offering a new global vision for the Dick’s Sporting Goods and Foot Locker brands.
