The company said that demand for bicycles and fishing tackle continued to be weak and reported net sales decreased 17.6 percent year-over-year in the first half. Second quarter sales were down 15.2 percent.
Author: SGB Media
Omega Capital Closes Investment in New Fund
The strategy for Fund II is expected to largely follow that of Fund I, investing $3 million to $10 million in growth equity or buyout transactions in Oklahoma and surrounding states in healthcare, outdoor products and aviation.
Qurate Hires Head Merchant for QVC U.S. Unit
Mara Sirhal will report to Mike Fitzharris, president of QVC US. Most recently, she was the chief merchant and brand officer for Saks Off 5th.
Rambo Bikes Taps Indie Sales Agency for Western U.S.
Leisure Sales will represent Rambo Bikes across key territories, including California, Oregon, Washington, Nevada, and Arizona.
L Catterton Appoints Global Head of Sustainability
Devon Leahy joins the company from Ralph Lauren, where she was the global head of sustainability for the past five years. Previously, she held senior strategy and sustainability-focused roles at Etsy and Walmart
Reebok Secures Outerwear Licensee for the UK and Europe
Authentic expanded its partnership with Focus Brands to include designing, manufacturing and distributing Reebok-branded outerwear across the UK and Europe for men, women and kids.
Outdoor Recreation Roundtable Appoints Three to Board of Directors
ORR appointed attorney and Native American advocate Charles W. Galbraith, HR and DEI specialist Chandria Harris and Renee Jones, vice president of marketing for Thor Industries, to its Board of Directors.
Alterra’s Schweitzer Operation Acquires Selkirk Powder Business
Selkirk Powder’s guided backcountry snowmobile and cat ski operation operates adjacent to Schweitzer with an additional 4,350 acres of skiable terrain from the backside of the resort.
Onelife Fitness to Open First North Carolina Club in 2025
The $10 million sports club will be the company’s first in the state. A growing organization, Onelife Fitness operates 55 locations throughout Virginia, West Virginia, Maryland, Washington, D.C., and Georgia.
Scott USA Appoints Chief Operating Officer
In his new role, Jake Dudek will oversee teams across finance, operations and e-commerce, driving commercial strategy and operations for Scott’s portfolio of sporting equipment brands in the USA.
Report: U.S. Golf Rounds Show Recovery In June
June’s gains marked an uptick after May’s rounds declined 0.8 percent. By region for the month, the most significant gains were in the Mid-Atlantic, according to Golf Datatech, a subsidiary of Circana.
Bass Pro Shops Plans to Open Fifth Minnesota Location
The 70,000-square-foot space, which will be on Haines Road in Hermantown, accessible via U.S. Highway 53, is due to open in the first half of 2025.
REI Opens Distribution Center in Tennessee
The 400,000-square-feet DC reportedly “complements REI’s three existing distribution centers in Bedford, PA; Goodyear, AZ; and Sumner, WA.”
G-III Apparel Group Increases Investment in Façonnable Parent
All We Wear Group (AWWG) owns the Pepe Jeans London, Hackett, and Façonnable brands and is now the official agent for DKNY, Donna Karan, and Karl Lagerfeld across Spain and Portugal.
PXG Opens Location In San Diego
PXG San Diego is located at Miramar Crossings, its third California-based retail and fitting studio.
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