WP Lavori, located in Corso, Italy, was named distributor and licensee of European markets for Filson, the U.S. outdoor outfitter and apparel manufacturer. In addition to distribution and licensing beginning in March 2020, WP Lavori invested a 10 percent share in Filson.
Author: SGB Media
Hest To Launch Car Camping Mattress; Announces Funding Round
Hest, a designer of sleep products for the outdoors, announced it received $2M in funding from new and existing investors to boost the brand’s product innovation, team growth and sales strategy. Launched in 2019 with the goal to build portable beds, now offers car-camping sleep products sold online and at brick and mortar retailers in […]
Nomad Introduces Barrier NXT Apparel Collection
Nomad’s Barrier NXT apparel collection offers hunters performance outerwear for harsh terrain and weather conditions at a value price point. The jacket, pants and vest feature a waterproof/breathable construction. Windproof fabric is bonded to a micro-fleece backer for heat retention yet remains pliable and quiet. Other features include stain resistance and anti-microbial properties. The Camo […]
Elan Releases Glen Plake’s Ripstick Tour 104
Elan, the maker of handcrafted skis made in the Slovenian Alps for over 75 years, announced the early release of Glen Plake’s signature ski—the Ripstick Tour 104. Designed and tested by Elan athlete Glen Plake, the skis offer lightweight construction with the downhill performance of the company’s Ripstick. Available in limited quantities at select […]
Somewear Labs And OnX Introduce Satellite-Enabled Connectivity
Somewear Labs, a maker of off-grid communication technology, and onX, creator of outdoor digital navigation, have expanded their product integration to fulfill the mapping and communication needs of hunters. With the introduction of its satellite-enabled connectivity of Somewear, onX Hunt users can share custom onX Waypoints off-grid without cellular reception. OnX Waypoints are contextual markers […]
Gildan Activewear’s Q3 Sales Jump 33 Percent
Gildan Activewear Inc. reported significant earnings improvement in the third quarter ended October 3. Record third-quarter sales of $802 million, was up 33 percent over the prior year and 8 percent over Q3 2019 .
Champion’s Q3 Sales Climb 20 Percent
HanesBrands Inc. announced results for the third quarter of 2021, with increased sales, operating profit, earnings per share and operating cash flow driven by strong point-of-sale performance and market share gains in its innerwear and activewear businesses. Global Champion brand sales increased 20 percent with balanced growth between the U.S. and International.
Acushnet Raises Outlook On Robust Q3
Acushnet Holdings Corp., the parent of Titleist and FootJoy, reported third-quarter revenues climbed 8.0 percent year over year and grew up 25.0 percent compared to 2019. Earnings were down, as expected, but both earnings and sales were far ahead of Wall Street estimates and Acushnet sharply raised 2021 guidance.
Vista Outdoor’s Q2 Sales Climb 35 Percent
Vista Outdoor Inc. reported earnings in the second quarter ended September 26 jumped 75.2 percent on a 35 percent revenue gain, well above Wall Street’s targets. Sales grew 49 percent in the Shooting Sports segment and 9 percent in its Outdoor Products segment.
TaylorMade Acquires Ball Manufacturer Nassau Golf
TaylorMade Golf has completed the acquisition of Korean-based Nassau Golf Co. Ltd for an undisclosed amount. The deal represents TaylorMade’s third vertical integration in its golf ball business with the new entity called TM Golf Ball Korea, joining its other golf ball manufacturing facilities —TM Golf Ball South Carolina (U.S.) and TM Golf Ball Taiwan.
Sturm, Ruger’s Q3 Sales Climb 22 Percent
Sturm, Ruger & Company Inc. reported sales in the third quarter expanded 22.3 percent in the third quarter to $178.2 million from $145.7 million a year ago. Earnings rose 41.5 percent to $35.1 million, or 1.98 per share, from $24.8 million, or $1.39, a year ago.
SFIA’s Fitness Movement Report Shows Positive And Negative Impacts During Pandemic
SFIA’s 2021 Tracking the Fitness Movement Report showed that while participation levels in fitness remained strong, the pandemic altered the activities that consumers could participate in.
NPD Report: U.S. Footwear Sales Revenues To Rise 16 Percent By 2023
Powered largely by pent-up demand and rising average selling prices, U.S. footwear revenues grew by 28 percent, from January through September 2021 compared to 202, and increased by 8 percent versus 2019, according to the NPD Group. By 2023 revenues its forecasts to be 16 percent ahead of pre-pandemic 2019 levels.
U.S. Fishing Equipment Market Reels In Nearly $4 Billion, NPD Reports
In the 12 months ended September 2021, U.S. fishing equipment in-store and online sales revenues across mass merchants and sporting goods retailers, including e-commerce, grew 4 percent, year-over-year, reaching $3.9 billion, according to the NPD Group.
Strava Appoints Chief Financial Officer
Strava announced it has hired Lily Yang as CFO. Yang will be responsible for overseeing the finance and legal organizations to support the company’s growth and worldwide operations.
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