The recent issues with inventory and reduced consumer demand in the broader firearms market at retail had an effect of the company’s Shooting Sports segment, but strong growth in the company’s Outdoor Lifestyle segment offset the decline in the shooting accessories business.
Author: SGB Media
Portland’s Andy and Bax to Close
Andy and Bax, the Portland, OR-based retailer of camping equipment and military surplus gear, is closing after 78 years.
Canterbury Renews Contract with Irish Rugby Team
Canterbury agreed a four-year extension to its deal as the official kit partner with the Irish Rugby Football Union (IRFU).
Report: July Golf Equipment Sales Flat at Specialty; Putters Lead Growth
Golf Datatech reported July 2023 retail sales for golf equipment at on- and off-course specialty shops in the U.S. that saw flat sales year-over-year but still grew 50.9 percent versus the pre-pandemic July 2019.
Gatorz Eyewear Hires Product Line Director
Gatorz Eyewear, developing eyewear for military and law enforcement, shooting sports, hunting, and outdoor, hired Marilyse Gagnon as product line director with over a decade of experience in the eyewear industry.
Zumiez Second-Quarter Results Beat Expectations
Zumiez, Inc. showed a loss in the second-quarter ended July 29 on a sales decline of 11.6 percent, but results exceeded guidance as sales trends improved each month with encouraging early back-to-school sell-throughs.
American Outdoor Brands Narrows Fiscal Q1 Net Loss on Flattish Sales
First quarter net sales were $43.4 million for the period ended July 31, a decrease of 0.5 percent versus the comp quarter last year. Traditional channel net sales increased 8.4 percent, while e-commerce net sales declined 10.6 percent.
Smith & Wesson Sees First Quarterly Sales Gain in Eight Quarters
Smith & Wesson Brands, Inc. reported sales jumped 35.4 percent in the fiscal first quarter ended July 31, marking its first quarterly gain since the fiscal first quarter ended July 31, 2021.
Arcade Belts collaborates with Jimmy Chin, supports POW
Arcade Belts designed a new belt in collaboration with Jimmy Chin that supports partner Protect Our Winters (POW), an organization helping people and places most impacted by climate change. Jimmy Chin, a world-renowned mountain athlete, filmmaker, photographer, and advocate for the environment, shares the same passions and goals to protect the environment and help address […]
LIVSN Expands Apparel Range For FW23
Launches two new pants and jacket featuring Original Flex canvas fabric.
MVP Sports Club Appoints New President as Karl Droppers Retires
Effective September 1, Chuck Osterink, who formerly held the title of chief operating officer, was promoted to president.
BRC Sees Confident UK Consumers Boost August Retail Sales
Total UK retail sales increased by 4.1 percent in fiscal August, against growth of 1.0 percent in August 2022, coming in above the 3-month average growth of 3.6 percent and in line with the 12-month average growth of 4.1 percent.
NRF Acquires Reverse Logistics Association
While hundreds of retail brands offer “gently used” products for sale, others sell excess inventory at a discount. The reverse logistics industry manages the collecting, sorting, repairing, and refurbishing of products for resale or recycling.
Authentic Appoints EVP to Manage Former Boardriders Brand Portfolio
The company hired David Brooks as EVP of action and outdoor sports lifestyle. Most recently, Brooks with the global general manager for RVCA and Boardriders Partnerships at Boardriders.
Kuiu to Open Store in Dallas
Kuiu, the hunt apparel brand, reported plans to open a store in Dallas, TX, in October, representing its second storefront.
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