Outdoor Foundation announced its second cohort of Thrive Outside Communities in St. Louis, Twin Cities region, Minnesota, Philadelphia, and Maine.
Author: SGB Media
HIVIZ Shooting Systems Appoints Director Of LE/MIL And Airsoft Sales
HIVIZ Shooting Systems announced the promotion of Lanny Barnes as the director of LE/MIL and Airsoft sales.
Alliance Outdoor Group Acquires Stealth Project
AOG based in Lakeville, MN has acquired Stealth Project Suppressors.
BJ’s Wholesale Club To Open Six New Clubs
BJ’s Wholesale Club announced it is expanding its footprint by opening six new clubs this fiscal year.
Mad Engine To Merge With Fifth Sun
Platinum Equity announced that it has signed a definitive agreement to acquire a controlling interest in Fifth Sun from its founder And Gonzales. The acquisition is made through the Platinum Equity portfolio company Mad Engine.
Genesco Appoints Three New Independent Directors, Rejects Activist’s Slate
Genesco Inc. appointed three retail industry veterans, including Angel Martinez, the former CEO of Deckers Brands, to its Board, but none of the candidates nominated by an activist investor seeking to take control of the board. The other two new board members are Mary Meixelsperger, CFO, Valvoline and former CFO of DSW; and Greg Sandfort, former CEO of Tractor Supply Company.
The Buckle Sees Q1 Sales More Than Double
The Buckle Inc. reported net sales for the 13-week fiscal quarter ended May 1, 2021 increased 159.2 percent to $299.1 million from net sales of $115.4 million for the prior year 13-week fiscal quarter ended May 2, 2020.
Jaybird Partners With Olympic-Bound Mountain Bike Racer, Kate Courtney
Jaybird, a maker of wireless headphones, announced its partnership with professional bike racer, Kate Courtney. Courtney is the current Elite XC World Cup Overall Champion and the 2018 World Champion—the first American to hold those titles since 1991. She is also a member of the Scott-Sram MTB Racing Team and will represent the U.S. at […]
USWE Launches RAW Series Moto Packs
USWE, manufacturer of action packs for motorsports and outdoor, announced the launch of its RAW Series off-road adventure and enduro motorcycle racing packs featuring its proprietary NDM harness system, smart organization, multiple size and capacity options. The Series comes standard with ventilated shoulder straps that are ergonomically designed for comfort and weight distribution and the […]
LIVSN Designs Launches Flex Canvas Shorts
LIVSN Designs launched its new Flex Canvas Shorts. The shorts are made with the same ethos as its Flex Canvas Pants. The Shorts are designed to wear outdoors and on the street. The Shorts, made with LIVSN’s 7.3oz EcoFlex Canvas, (58 percent GOTS Certified Organic Cotton, 40 percent Recycled Polyester, and 2 percent spandex), provide […]
Inside The Call: VF Sees Strong Recovery For Fiscal 2022, Including Vans
VF Corp. predicted that all four of its big brands—Vans, The North Face, Timberland and Dickies—will not only recover revenue lost during the pandemic but deliver strong growth relative to prior peak levels. On its fiscal fourth-quarter call Steve Rendle, chairman, president and CEO, outlined the path for Vans, the current laggard, to return to double-digit growth.
Aisle Talk Week Of May 17, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of April 26, 2021 covered in the SGB Updates and delivered to your inbox every business day. This week’s Ambassador Athlete is Shelma Jun, Arc’teryx sponsored Climber and featured in the recently released children’s book from Garmin titled “Women of Adventure: Being Brave in a Big World.”
Moody’s Upgrades Debt Ratings Outlook On Under Armour
Moody’s Investors Service changed Under Armour, Inc.’s outlook to positive from negative. Stated Mike Zuccaro, Moody’s Vice President, “The affirmations and positive outlook reflect Under Armour’s improved operating performance and credit metrics as well as very good liquidity.”
Gymshark Hires Chief Product Officer
Gymshark appointed Danielle Petesic as its chief product officer. She was most recently Lululemon’s vice president of product development.
VF Corp.’s Q4 Sales Top Wall Street’s Target
VF Corp. reported sales in its fiscal fourth-quarter beat top-line estimates but earnings came in slightly below targets. Sales in the quarter grew 19 percent on a currency-neutral basis, led by a 23 percent gain by The North Face. Vans’ sales grew 10 percent and Timberland’s sales gained 19 percent on a currency-neutral basis.
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