Nearly 25 million Americans will travel in recreation vehicles this spring and summer, heading to the country’s 18,000-plus campgrounds to enjoy the benefits of an active, outdoor lifestyle with family and friends, according to the latest survey of RV owners by Go RVing and Cvent.
Author: SGB Media
Largest Nationwide Trails Event To Take Place On June 1
American Hiking Society’s National Trails Day will establish a trail service world record on June 1, 2019. American Hiking Society invites everyone who enjoys spending time outside to join in setting the world record for the most people improving trails in a single day by pledging to improve a trail on National Trails Day.
Honey Stinger Announces Brand Refresh
For the first time in 17 years, Honey Stinger is sporting a brand new look. The company has begun releasing an updated brand identity, including a new logo, colors and font, new brand statement and tagline, and all-new packaging across its full product lineup.
Bogs Footwear Launches ‘Reuse A Boot Program’ To Benefit Outdoor Education
Bogs Footwear has announced a plan to give new life to gently used boots. The Reuse a Boot Program provides consumers an easy way to pay it forward with their Bogs boots that need a new home.
Trade War Impact Remains Uncertain
On quarterly conference calls last week, executives at both retailers and vendors said the ultimate impact of the tariff war isn’t clearly known, especially if the fourth tranche on $300 billion of imports that hit apparel and footwear items becomes effective. But most reassured analysts they’re taking or have taken steps to mitigate most of the expected damage. Comments from VF Corp, Deckers Brands, Kohl’s, JC Penney, Target, Hibbett Sports, TJX Cos. and Ross Stores.
Department Stores Disappoint In First Quarter
Department stores struggled in the first quarter while discount chains fared much better, as a whole, in terms of earnings, revenue and stock performance, based on earnings reports released in the last two weeks.
Helly Hansen Sales Soar In 2018
Norwegian-based Outdoor apparel and gear brand Helly Hansen, a subsidiary of Canadian Tire Corp. Ltd., on Tuesday reported that 2018 revenue increased 29 percent to NOK 3.7 billion (US$425 million) and operational EBITDA rose to a record level. It was the fourth-consecutive year of growth for the company.
Anne Worcester Named President Of Universal Tennis
Universal Tennis, the world’s premier tennis platform, announced that Anne Worcester, former WTA CEO & Connecticut Open Tournament Director, has joined the company as president.
Bass Pro Announces New President Of White River Marine Group
White River Marine Group, the marine manufacturing division of the Bass Pro Shops family, announced that Zach Kauk will become its next president. Kauk will begin immediately and assume full leadership responsibilities on September 1, 2019 following the retirement of outgoing president Les Crawford.
MIPS Acquires Fluid Inside
MIPS, the maker of brain protection systems for cycling helmets, announced the acquisition of the brand Fluid Inside and related patent rights. The acquisition builds MIPS’ product offering and safety solutions associated with technology that addresses both linear and rotational motions to improve helmet protection.
Payless ShoeSource To Close All Stores In June
Payless ShoeSource announced plans to liquidation all its stores through the end of June. The company announced in February that it would shut down all 2,100 Payless locations across the country.
Hype Capital To Launch A $75 Million Sports Tech Fund
Hype Sports Innovation, based in London, announced plans for a $75-million capital fund with Uli Becker, ex-president of Reebok and Bernd Wahler, former president of VfB Stuttgart who also served as Adidas CMO.
Authentic Brands Group Acquires Sports Illustrated
Authentic Brands Group (ABG) announced that it has finalized the purchase of the intellectual property of Sports Illustrated from Meredith Corporation.
Ross Stores’ Q1 Comps Gain 2 Percent
Ross Stores, Inc. reported earnings per share for the 13 weeks ended May 4, 2019 of $1.15, up from $1.11 for the same period last year.
BSN Sports Acquires Legacy Team Sales
BSN Sports, a division of Varsity Brands, announced that it has acquired Legacy Team Sales, based in Ocala, FL.