Marolina Outdoor, Inc. the parent company of Huk Performance Fishing and Nomad Outdoor, tapped Joe Becker as the new VP of marketing for both brands.
Author: SGB Media
Patagonia Sues Nordstrom Over Counterfeits
Patagonia filed a trademark infringement lawsuit in California against Nordstrom, accusing the company’s Nordstrom Rack chain is selling “thousands” of “obvious counterfeits” after their partnership ended and then refusing a recall on the products.
Lands’ End Narrows Q1 Loss On Sales Lift From Swim; Adds Key SVPs
Lands’ End, Inc. reported fiscal-first quarter net revenue increased 1.9 percent to $309.6 million. Net loss was $1.7 million, or a 5 cents loss per diluted share, in the quarter.
Bass Pro’s Parent’s Debt Ratings Upgraded By S&P
S&P Global Ratings raised its debt ratings on Great Outdoors Group, LLC due to the parent of Bass Pro and Cabela’s “consistent improvements in its sales and profitability” and improving debt leverage.
Duluth Trading Ekes Out Q1 Sales Increase As DTC Offsets Light Store Traffic
Duluth Trading Company reported fiscal first quarter net sales increased 0.7 percent to $123.8 million. Direct-to-consumer net sales increased 2.3 percent while Retail store net sales decreased 2.1 percent in the period.
Macy’s Cuts Outlook Despite Q1 Earnings Beat
Macy’s, Inc. reported first-quarter earnings topped analyst expectations on margin improvement, but sales missed Wall Street’s targets. The department store chain slashed its EPS and sales outlook for the year reported financial results for the first quarter of 2023 and updated its annual guidance as spending on discretionary categories weakened since late March.
Pangaia Expands Activewear Collection With Hyosung Creora Bio-Based Spandex
Pangaia expanded its Motion collection “Empowered by Plants,” which launched last fall, to include a new capsule collection for men and additional colorways for women. The Pangaia Motion collection is the brand’s “most bio-based offering,” with “99.99 percent plant-based Evo Nylon and 30 percent plant-based creora spandex, the first of its kind.” The activewear’s updated […]
Big Agnes x DAC Introduce Recycled Aluminum Tent Hubs
Big Agnes announced an exclusive program with longtime partner DAC, the manufacturer of tent poles, to use “the first of its kind” DAC E1 recycled tent pole hub, containing “25 percent to 30 percent post-consumer recycled aluminum.” Big Agnes will integrate the DAC E1 hub into select tent pole sets in 2023 and said it […]
Caleres Lowers 2023 Revenue Guidance On Famous Footwear Weakness
Caleres reported first-quarter earnings declined but reached the upper end of guidance. Sales dropped 9.8 percent, below guidance, and Caleres reduced its revenue outlook for the year due to softening sales at Famous Footwear.
White Duck Outdoors Releases Its Newest Tent, The Regatta 360
White Duck Outdoors, a supplier of all-season canvas tents, released its latest product, the Regatta 360 Bell Tent. An expansion of the brand’s Regatta Bell Tent Collection, the Regatta 360 offers full mesh walls for 360 degrees of airflow and ventilation. The tent also features a yurt-style design with ample room to stand and move […]
Hestra North America Hires Sales And Marketing Director
Hestra hired Tim Hevers as director of sales and marketing for North America. Hevers comes to Hestra with 20-plus years of experience in the outdoor industry, including Sports Authority and, most recently, Vail Resorts.
Dick’s SG Sees Outdoor Merchandising Veteran Retire After 36 Years
Kevin Van Vorce is retiring after 36 years with Dick’s Sporting Goods. He started with Dick’s in 1987 as a footwear sales associate at the original Dick’s Sporting Goods store in Binghamton, NY.
Inov-8 Launches “Waterproof Cushioned Rockets” For The Feet
Inov-8 launched the RocFly G 390 GTX boot and RocFly G 350 GTX shoe for hikers, walkers and outdoor enthusiasts featuring Graphene in the foam cushioning and rubber outsoles and Gore-Tex waterproofing in the upper. Inov-8 is calling the shoes “waterproof cushioned rockets” for the feet. Graphene, “the world’s strongest material,” strengthens and increases elasticity properties into the […]
Camping World Named To Fortune 500 List
Camping World Holdings, Inc. was named to the Fortune 500 list. The company ranked 475, moving up from its position in 2022.
Nordstrom Posts Q1 Loss On Double-Digit Sales Declines Across Stores And Digital
Nordstrom, Inc. reported total company net sales decreased 11.6 percent to $3.06 billion in the fiscal first quarter ended April 29. Digital sales decreased 17.4 percent. Nordstrom reported a first quarter net loss of $205 million, or a loss per diluted share of $1.27.
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