AllTerra Arms, an Idaho-based manufacturer of precision bolt-action rifles, hired Mike Schwiebert as chief marketing officer and Dan Rice as vice president of sales.
Author: SGB Media
Urban Outfitters Tops Wall Street’s Targets In Q1
Urban Outfitters Inc. announced a record net income of $54 million, or 54 cents a share, on sales of $927 million for the first quarter ended April 30. Wall Street on average was looking for 16 cents a share on sales of $898 million.
REI Launches Content And Entertainment Arm
REI announced the launch of Co-op Studios, the retailer’s in-house content arm. Across films, podcasts and editorial programs, the studio develops and produces content that explores the power of time spent outside, while complementing the brand’s broader commitments.
Designer Brands Returns To Profitability
Designer Brands Inc., the parent of DSW, returned to profitability for the first time since the onset of COVID-19. Sales improved 45.6 percent against pandemic-depressed year-ago levels and the gross margin rate improved over the rate from the first quarter of 2019. Athleisure comparable sales in the U.S. Retail segment, or DSW, were up 92 percent in the first quarter year-over-year.
Mystery Ranch Partners With Sea To Summit To Expand Reach Into Australia
Mystery Ranch announced it has partnered with Sea to Summit to be its distributor in Australia. With new partnerships across Europe, Asia and the Middle East, the company is expanding its reach into the South Pacific.
Igloo Releases Limited Edition Photographer Series Playmate Cooler Collection
Igloo released its Limited Edition Photographer Series Playmate cooler collection featuring the works of Magdalena Wosinska, Atiba Jefferson and Estevan Oriol. “It’s a huge honor to collaborate with Magdalena, Atiba and Estevan on our Photographer Series,” said Brian Garofalow, CMO, Igloo. “Each photographer is incredibly talented and has created unique iconic work. We’re thrilled to […]
Pertex Launches Fabric Lab Digital Platform
Developed in response to the changing needs of the active outdoor lifestyle market, the Pertex Fabric Lab is a new online platform designed to build closer relationships and collaboration with its brand partners. “The primary focus of the Pertex Fabric Lab is to provide our partners with instant access to the latest fabric innovations and […]
TeamSnap Announces SportSavvy Customers Will Migrate To TeamSnap Platform
TeamSnap announced that SportSavvy, a league management system based in Canada, is migrating its customers to the TeamSnap platform.
Father’s Day Spending To Hit $20.1 Billion, According To NRF
U.S. consumers are expected to spend more than $20.1 billion on gifts and other items for Father’s Day this year, a record high, according to the National Retail Federation’s (NRF) annual survey conducted by Prosper Insight & Analytics. Total spending for the holiday will surpass last year’s record figure of $17 billion.
Stifel Launches Sustainable Lifestyle Brand Index
A new Stifel survey shows consumers believe it’s important for companies to act sustainably and most are willing to pay a premium for brands that demonstrate ethical business practices, environmental care, and social responsibility. Based on this insight, Stifel is also introducing its Sustainable Lifestyle Brands Index, which ranks brands based on consumer perception of corporate sustainability practices.
Club Champion To Open Location In West Long Branch
Custom golf club fitter Club Champion has opened a fitting studio in West Long Branch. Its fourth location in New Jersey.
Vista Outdoor Acquires QuietKat And Venor
Vista Outdoor Inc. announced the acquisition of e-bike brand QuietKat and hunt-inspired female apparel brand Venor. The acquisitions were announced as Vista plans to unveil on Wednesday morning its Value Creation Framework growth strategy and its long-term financial targets at its Investor Day.
Hibbett Appoints Board Member
Hibbett Sports Inc. announced the appointment of Linda Hubbard to the company’s Board of Directors. She is president and chief operating officer of Carhartt.
Dick’s SG Lifts FY Outlook On Blowout First Quarter
Dick’s Sporting Goods raised its full-year guidance after reporting sales and earnings for the first quarter ended May 1 came in well ahead of Wall Street’s consensus targets. Consolidated same-store sales for 2021 are now projected to expand in the range of 8.0 percent to 11.0 percent.
Academy Sports Announces $99 Million Paydown And Refinancing Of Its Term Loan
Academy Sports + Outdoors, Inc. announced that it had completed a paydown and refinancing of its term loan and that its S&P Global credit rating has been upgraded.
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