Author: Eric Smith

Sportsman’s Warehouse Looking Past Near-Term Ammo Pressure

Sportsman’s Warehouse Looking Past Near-Term Ammo Pressure

Sportsman’s Warehouse Holdings Inc. said this week it projects some near-term pressure on ammunition sales in light of competitors like Walmart offering deep discounts as they sell off their inventory and exit the category. But Midvale, UT-based Sportsman’s has its eyes on a bigger prize—taking market share once those other players have gotten out of the ammo game altogether. (Read More)

G-III Apparel ‘Doing Everything To Exist For The Future’

G-III Apparel ‘Doing Everything To Exist For The Future’

Morris Goldfarb, the chairman and CEO of G-III Apparel Group Ltd., fully understands the impact that tariffs have had on the New York-based fashion and apparel company he oversees. He also knows that if the trade war persists, tariffs will continue to wreak havoc on the company’s financial outlook. But Goldfarb is also resolute that G-III has the ways and means to mitigate the pressure that tariffs are placing on its business. (Read More)

Analyst Reaction: Black Friday Garners Mixed Reviews

Analyst Reaction: Black Friday Garners Mixed Reviews

More consumers surfed rather than drove for their purchases on Black Friday as online sales accounted for a record $7.4 billion spent during the holiday shopping extravaganza, according to Adobe Analytics. But while analysts reacted positively to the overall buoyancy of Black Friday and the unofficial kickoff to the holiday shopping season, those who focus on the active lifestyle marketplace were more tempered in their reports. (Read More)

Tariff Impact Offsets Famous Footwear’s Solid Q3 For Caleres

Tariff Impact Offsets Famous Footwear’s Solid Q3 For Caleres

A solid showing from Famous Footwear helped drive Caleres to record revenue in the third quarter, but the impact of tariffs took a toll during the period and should persist into Q4, the company said Monday. The increased tariffs, specifically those on List 4A, resulted in adjusted earnings per share of 78 cents, which missed Wall Street’s target by 5 cents. (Read More)

As Ski Season Ramps Up, New Industry Landscape Takes Shape

As Ski Season Ramps Up, New Industry Landscape Takes Shape

The 2019/20 season begins with a new look and feel across much of the industry—a fresh coat of wax, so to speak—so SGB took a look at the changes that occurred since last spring (or summer for a few lucky resorts and riders). Our winter sports preview touches on the least you need to know about the changing industry landscape—and also says farewell to an industry legend. (Read More)

Kick Show Plans Return To Denver After Successful Debut

Kick Show Plans Return To Denver After Successful Debut

After a successful debut in Denver last June, Kick Show—the B2B trade show for the run specialty channel that’s hosted by the Running Industry Association—will return to the Mile High City and to the same venue, The Curtis Hotel, in May 2020. RIA’s executive director, Terry Schalow, spoke with SGB about what’s coming for year two of the industry’s “working trade show.” (Read More)

SIA Broadens Focus With B2C Show Acquisition

SIA Broadens Focus With B2C Show Acquisition

Snowsports Industries America (SIA) is getting back into hosting large-scale, live shows—albeit with a different target market than its former signature event. About two and a half years after selling its annual B2B event Snow Show, SIA announced Friday it had agreed to acquire a pair of B2C snow sports expos. SIA leaders share why this move is another step in a new direction for the trade association. (Read More)

Political Climate Forces American Outdoor Brands To Split

Political Climate Forces American Outdoor Brands To Split

Amid a challenging political climate for the firearms industry, American Outdoor Brands Corp. (AOBC), the parent of Smith & Wesson, announced it would split into two publicly traded companies— Smith & Wesson Brands Inc. (firearms) and American Outdoor Brands Inc. (outdoor products and accessories, or OP&A). SGB digs into why the company chose the spinoff route. (Read More)

Faction Skis Goes Big With Next Growth Phase

Faction Skis Goes Big With Next Growth Phase

Faction Skis, the Verbier, Switzerland-based premium ski manufacturer, has set its sights on the U.S. market for its next growth phase. CEO Alex Hoye spoke with SGB about recent moves to take share here, including a new North America headquarters, increased production and shifting sales in-house. Here’s what on tap for the next step in Faction's evolution. (Read More)

Jon Frederick Guiding Rab, Lowe Alpine On U.S. Journey

Jon Frederick Guiding Rab, Lowe Alpine On U.S. Journey

Jon Frederick, U.S. country manager for outdoor brands Rab and Lowe Alpine, spoke with SGB recently about the companies’ differing strategies. While Rab’s focus is building on current momentum by launching new categories, Lowe Alpine is looking to re-establish itself in this market after a rocky couple of decades. Frederick outlines the path forward for each. (Read More)

The North Face’s Futurelight Delivering ‘Brand Heat’ For VF

The North Face’s Futurelight Delivering ‘Brand Heat’ For VF

VF Corp. underperformed in the fiscal second quarter, missing EPS and revenue estimates due to headwinds ranging from unfavorable currency exchange to geopolitical unrest in Hong Kong to the ongoing trade war between the U.S. and China. But one of the bright spots for Denver, CO-based VF amid the mixed quarter was The North Face, specifically the brand’s new, potentially game-changing innovation. (Read More)

Rocky Brands Outlines Tariff Mitigation Tactics

Rocky Brands Outlines Tariff Mitigation Tactics

More than half of the footwear that Rocky Brands Inc. imports is made in Chinese factories, so the fourth tranche of tariffs that went into effect in September should place significant pressure on the company’s bottom line beginning in Q4. But, like many others entangled in the trade war, the Nelsonville, OH-based company is working to mitigate the effect of tariff increases on its balance sheet. Here’s what Rocky Brands is planning. (Read More)

Winnebago CEO: Demise Of RV Lifestyle ‘Exaggerated’

Winnebago CEO: Demise Of RV Lifestyle ‘Exaggerated’

Recent news from the recreational vehicle industry might lead some to believe that it's doomed, but Winnebago Industries Inc. CEO Michael Happe has a much more upbeat market outlook. Though RV shipments are down and Winnebago just saw its fiscal fourth-quarter revenue dip, a combination of other key factors has Happe and his team optimistic about the company’s prospects. (Read More)

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