Handguns revenues decreased 7.4 percent in the quarter while Long Guns sales increased 110.5 percent, said to be primarily due to increased shipments of newly introduced products.
Author: SGB Media
REI To Open Tenth Store In Colorado
The 23,000-square-foot space will open in the Marketplace at Centerra in Loveland, CO with buy online/pickup in-store and curbside pickup service.
Genesco Inc. Q4 Comps Slip 4 Percent as Journeys Continues to Shrink
The overall 2 percent sales increase for Q4 was reportedly driven by a 6 percent increase at Schuh, a 9 percent gain at Johnston & Murphy and a 24 percent increase at Genesco Brands, partially offset by a decrease of 2 percent at Journeys.
Y-3 Reunites with Real Madrid on Travel Capsule Collection
The inspiration for the Y-3 travel collection comes from Real Madrid’s signature monochromatic color palette—merging all-black with couture tailoring.
Jordan Wings Collection Offers a New Take on Luxury Streetwear
The collection elevates the Jordan Brand to “heirloom status,” respecting the staples that cemented the iconic brand’s status in sport, culture and style from 1984 to today.
Gold’s Gym Inducts Three Industry Icons Into Hall of Fame
Pete Grymkowski, Ed Connors and Tim Kimber established the iconic Venice Beach Gold’s Gym location and revolutionized the fitness industry.
Traeger Saw Upside in Q4 in a Tough 2023 but Sees Softness Ahead
Despite a declining overall full year business, Grills and Accessories revenues each grew more than 20 percent in Q4, while Consumables revenues were flattish. The company sees continued softness in grill industry demand in 2024.
Primus-Silva Appoints New CEO
Primus-Silva appointed Jonas Sjögren as its new CEO, effective April 8. He takes the helm from Richard Jägrud, who leaves the company on April 30 to pursue new career challenges.
Black Diamond Segment Q4 Sales Fall Nearly 10 Percent on Europe Woes
Sales in the Outdoor segment (Black Diamond) were $50.1 million, or $50.0 million on a constant-currency basis in Q4, compared to $55.3 million in the prior-year comp quarter.
American Outdoor Brands Sees Flat Net Loss as Fiscal Q3 Sales Grow 5.0 Percent
Traditional channel net sales increased 8.1 percent year-over-year (YoY) to $28.5 million while e-commerce net sales increased 1.6 percent YoY to $24.9 million for the fiscal third quarter ended January 31.
Sam Edelman x SCAD Students Collab on Exclusive Capsule Collection for Nordstrom
The collaboration brings together a capsule collection of five sneakers, sold exclusively at 33 select Nordstrom stores nationwide and on Nordstrom.com beginning March 4.
Connexa Narrows Fiscal Q3 Loss; Raises Doubts About Going Concern Status
The company said the 29 percent sales increase for fiscal Q3 was due to incremental sales driven by Slinger Bag Pickleball as compared to the prior-year period
Giordana Beyond Gravel Collection Engineered for Performance and Adaptable Style
“We want riders to feel confident with their kit and empowered to wear it beyond the bike in a way that naturally fits right into the rest of their day.” —Julian Andretta, Creative Director, Giordana Cycling.
EXEC: Rapala VMC Posts Wider 2023 Net Loss on Double-Digit Sales Decline
The Finland-based fishing equipment and nordic ski manufacturer said de-stocking continued throughout 2023 but started to ease in the latter part of the year. Consumer spending remained tight due to high inflation and impacted especially higher ticket item sales.
Overstock Parent Acquires Zulily Assets; Plans Site Re-launch Before Summer
Zulily’s new website will be fully functional by the end of the second quarter and contribute to Beyond’s 24-month revenue goal without adding incremental fixed expenses. Overstock is scheduled to relaunch later this month.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal