Plans include new markets of Knoxville, TN and Myrtle Beach, SC.
Author: SGB Media
Craft Xplor Merges Gravel Tire Technology with Running Innovation
The Craft Xplor, a collab between Craft Sportswear and Vittoria, merges gravel tire technology with running innovation.
Verge Launches Gravel Apparel Range
What sets the Gravel Range apart is its customization options. Gravel cyclists can customize each piece, whether it’s team colors, personal designs or club logos.
OluKai Opens First Mainland Storefront in California
Olu Kai opens first mainland storefront at the Irvine Spectrum Center in Irvine, CA.
Inov8 Expands U.S. Outdoor Specialty Sales Network
John Swartz of JMS Enterprises and incumbent agency Midland Sales, two U.S. independent sales agencie, join Inov8’s outdoor, running and sports specialists network.
Reima North America Appoints New Sales Director
Mayon Sargent was, most recently, an independent consultant for Skagit Investments. Previously, she was the director of sales for the West region at American Outdoor Brands. Before AOB, Sargent was VP of sales and marketing at Sierra Bullets and Barnes Bullets.
Tedder Industries Appoints VP of Finance
Under Andrew Williams’ guidance, the company’s finance team is poised to drive the next phase of its growth strategy, enhancing profitability and instilling operational efficiencies throughout the organization.
SGB Updates Will Not Publish on Good Friday, March 29
SGB Media will not publish its regular SGB Morning Update or SGB Evening Update on March 29 in observance of Good Friday. Press Releases posted in the SGB PR Portal will be processed by the SGB Media Editorial Team before noon on March 28.
Report: 2023 Resale Grew 15X Faster than Retail
A new study found that 60 percent of consumers shop for secondhand apparel, giving them more for their money, while 55 percent said they would spend more on secondhand clothing if the economy does not improve.
EXEC: Colt CZ Sees Firearms Unit Sales Fall 10 Percent in 2023 as U.S. Market Declines
The number of firearms sold in 2023 decreased by 10.4 percent compared to 2022, reaching 621 thousand units sold, primarily due to lower demand in the U.S. commercial market.
Lands’ End Posts Wider Net Loss in Fiscal 2023 on Impairment Charges, Lower Sales
Fiscal fourth quarter revenues declined 2.8 percent to $514.9 million for the three-month period ended February 2. Global e-commerce net revenue was $1.0 billion, a decrease of 7.1 percent, due in part to Lands’ End Japan closure. U.S. e-commerce net revenue decreased 2.7 percent.
EXEC: Amer Sports Majority Owner Posts Strong Year of Growing Retail Sales in China
Anta Sports, which runs retail stores in China for the Anta brand, Fila, Descente, Kolon Sport, and was the 53 percent majority owner of Amer Sports at year-end, reported that revenue reached another high in 2023. Anta’s stake in Amer Sports was diluted to 43 percent after the Amer IPO in February.
Pure Hockey to Open Store in Laguna Hills, CA
This will be the retailer’s fourth store in California, which also has locations in Anaheim, San Jose and San Marcos.
L Catterton Makes Significant Investment in Off-Road, Off-Grid Vehicles
Founded in 2018, Storyteller Overland manufactures Class B RV and expedition vehicles. In addition to selling its vehicles at over 40 dealers in the U.S., it also offers adventure gear, accessories and technology for the outdoor lifestyle enthusiast.
Springfield Armory Appoints National Sales & Law Enforcement Manager
As a 20-year employee of Springfield Armory, Drew Herbst will collaborate with Peggy Hickenbottom, the VP of distribution sales and customer service.
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