Author: Eric Smith

Coronavirus Hitting Callaway’s Supply Side

Coronavirus Hitting Callaway’s Supply Side

Like any manufacturer with suppliers in China, Callaway Golf Co. is reeling from the coronavirus. The company lowered its outlook for 2020 because the coronavirus is should have a negative impact of $25 million on sales into China and $13 million on EBITDA for the year, company officials told analysts on Monday afternoon’s earnings call. (Read More)

Canada Goose CEO Dani Reiss Outlines Coronavirus Concerns

Canada Goose CEO Dani Reiss Outlines Coronavirus Concerns

On Canada Goose Holdings Inc.’s fiscal third-quarter earnings call, CEO Dani Reiss addressed the disruption that the coronavirus is having on supply chain, sourcing and sales in China. The near-term impact resulted in reduced guidance for the current fiscal quarter and year, but company leaders and analysts believe Canada Goose is positioned to weather the storm. (Read More)

Vista Outdoor Shares Climb After Company Hits Key Milestone

Vista Outdoor Shares Climb After Company Hits Key Milestone

Shares of Vista Outdoor Inc. jumped 11.7 percent Thursday following the company’s upbeat earnings report that included its first quarter of positive organic revenue growth since extensive transformation efforts began in 2018. Though the company’s stock dipped Friday morning, the accomplishments of the previous quarter provided a much-welcomed boost for the Anoka, MN-based company. (Read More)

January M&A Roundup: Buzz Around VF’s Next Move Highlights Busy Month

January M&A Roundup: Buzz Around VF’s Next Move Highlights Busy Month

The active lifestyle marketplace began 2020 with a high volume of M&A transactions, but the most notable story didn’t involve a done deal—just one of the highest-profile companies in the industry announcing plans to rightsize its portfolio and potentially target new assets. The January M&A Roundup examines VF’s latest move and asks what’s next? (Read More)

2020 Outdoor + Snow Show Recap

2020 Outdoor + Snow Show Recap

Growing concern over the coronavirus, sharpened focus on participation and climate, and restored faith in the outdoor trade show lineup were among SGB Executive’s top takeaways from last week’s Outdoor + Snow Show in Denver, CO. Here’s what emerged from three days of walking the show and talking with dozens of industry stakeholders. (Read More)

2020 Outdoor + Snow Show Primer

2020 Outdoor + Snow Show Primer

As the outdoor industry descends on Denver this week for Outdoor Retailer’s newly fashioned Outdoor + Snow Show, the vibe inside Colorado Convention Center will be instantly recognizable. Despite the familiarity, however, change is in the air. SGB Executive previews this year’s show and also touches on the backdrop of a changing trade show landscape. (Read More)

Conversation With Camber Outdoors’ New Executive Director Emily Newman

Conversation With Camber Outdoors’ New Executive Director Emily Newman

Emily Newman was named executive director of Camber Outdoors last September, bringing stability to an organization that had endured a tumultuous and transitional 2019. As 2020 kicks off and with Camber’s controversy behind it, Newman is determined to help the organization find a new path forward. She spoke with SGB Executive about that plan. (Read More)

Celebrating SMC’s 50th Anniversary With President Tom Gately

Celebrating SMC’s 50th Anniversary With President Tom Gately

“Specialty retail is the lifeblood of our industry, said Tom Gately, president of Snowsports Merchandising Corp. (SMC), which is celebrating its 50th anniversary this year. To commemorate the milestone, SGB Executive spoke with Gately about the importance of the longtime buying group, changes in the industry, and what’s on tap for the organization and the channel in the next 50 years. (Read More)

Nick Sargent Unpacks SIA’s Ambitious 2020 Goals

Nick Sargent Unpacks SIA’s Ambitious 2020 Goals

Snowsports Industries America (SIA) is preparing for one of the busiest years in the trade association’s history. With so much new activity brewing, and on the cusp of Outdoor + Snow Show later this month, SGB Executive checked in with SIA President Nick Sargent, who dished on what the organization has accomplished in recent years and its priorities moving forward. (Read More)

Michael Kadous Outlines Vision For New-Look Adidas Terrex

Michael Kadous Outlines Vision For New-Look Adidas Terrex

Michael Kadous, head of the North American Outdoor business unit for Adidas (Terrex and Five Ten), spoke with SGB Executive about all the changes happening at the company. Not only is Kadous spearheading its transition from Agron Inc. to Adidas corporate and from LA to Portland, but he has outlined big plans for 2020 and beyond. Here’s what he shared about the new-look company. (Read More)

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