Author: Eric Smith

REI Co-Op Leveraging Record Sales Year In Pledge To ‘Do More’

REI Co-Op Leveraging Record Sales Year In Pledge To ‘Do More’

For all the tumult REI Co-op faced earlier in 2019 due to the sudden resignation of CEO Jerry Stritzke, the company is clearly on solid ground after reporting that 2018 was its strongest sales year ever. Bolstered by record revenue and a firm understanding of changing customer demands, REI has big plans in 2019 as it recommits to the outdoors, reinforces its omnichannel strategy, and ramps up its rental and used gear programs. (Read More)

How Will Another C-Level Departure Impact Hibbett?

How Will Another C-Level Departure Impact Hibbett?

Hibbett Sports Inc.’s board of directors will need to form yet another search committee after the company announced Friday morning that Scott Bowman is resigning as CFO—the retailer’s second C-level departure in the last two weeks. On March 22, CEO Jeff Rosenthal announced he is retiring this year, so what impact, if any, will these exits have on the retailer? (Read More)

Slinger Bag Looks To Serve Up Tennis Disruption

Slinger Bag Looks To Serve Up Tennis Disruption

Israel-based startup Slinger Bag is out to disrupt the relatively small but lucrative tennis ball machine market with its new "launcher" of the same name. Bolstered by a massively successful Kickstarter campaign, the company has hired former Prince CEO Mike Ballardie and is now beginning production. Ballardie and CMO Juda Honickman spoke with SGB Media about the company's ambitious plans. (Read More)

Mammut North America Turns The Page

Mammut North America Turns The Page

Mammut North America in recent weeks named Kris Kuster as its managing director and opened a new office in Denver—strategic moves that should help the brand regain its footing after a shaky period. Kuster (left) and Chief Creative Officer Adrian Margelist spoke with SGB about what these changes mean and where Mammut goes from here. (Read More)

RV Industry Convenes As Market Continues To Accelerate

RV Industry Convenes As Market Continues To Accelerate

The $50 billion recreational vehicle market keeps finding new horizons to explore and the next leg of its journey begins this week when the industry gathers in Salt Lake City, UT, for a revitalized trade show that is aligned with the start of camping season. “RVX: The RV Experience” is the new event offered by the RV Industry Association, and it's just one reflection of a changing marketplace. (Read More)

Mixed Signals Cloud Camping World’s Outlook

Mixed Signals Cloud Camping World’s Outlook

After Camping World Holdings Inc. on Thursday posted a fourth-quarter loss of $71.5 million, or earnings per share of (83) cents, due to an impairment charge and costs related to Gander Outdoors openings, the company’s stock tumbled in the high single digits. But a slight market rebound on Friday served as another example of the mixed signals that Camping World conveyed in its fourth-quarter earnings report. (Read More)

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