Founded in 2018, Storyteller Overland manufactures Class B RV and expedition vehicles. In addition to selling its vehicles at over 40 dealers in the U.S., it also offers adventure gear, accessories and technology for the outdoor lifestyle enthusiast.
Category: Apparel
Vista Outdoor Confirms Receipt of Revised Indication of Interest from MNC Capital
Vista Outdoor’s Board still needs to determine the revised MNC Indication within the framework contemplated by the existing merger agreement with Czechoslovak Group a.s.
Canada Goose Cutting 17 Percent of Corporate Jobs, Shifting Leadership Roles
Carrie Baker, president, brand and commercial, will expand her role to oversee design. Beth Clymer, president of finance, strategy and administration will add operations to her responsibilities. Daniel Binder, chief transformation officer, will now oversee global stores. COO John Moran has left the company.
Academy Sports + Outdoors Begins 2024 Store Expansion in Raleigh and Indy
The full-line sporting goods and outdoor recreation retailer will open 15 to 17 new stores in its fiscal 2024 year, starting with two new stores in the first quarter in Knightdale, NC and Greenwood, IN.
Perfect Moment Ltd. Posts Lower Fiscal Q3 Sales, Profits as Deliveries Pulled Forward
The sales decrease was said to be primarily due a substantial amount of wholesale revenue that historically was recorded in Q3 was instead accelerated into Q2 due to certain earlier-than-planned customer shipments.
Rhone Appoints Two New Board Members; will Launch First Women’s Collection in May
Bolsters its leadership team with the appointment of Athleta and CorePower Yoga veteran Tess Roering and ESPN Chairman Jimmy Pitaro.
EXEC: Grassroots Outdoor Alliance Sees Tough 2023 Comp Against COVID-Induced Growth
While year-over-year sales for the consolidated sales of the organization were down 6.0 year-over-year, sales versus the last pre-COVID year were up nearly 27 percent.
Rally House Expands to 16 stores in Philly; Adds Storefront in Texas
Rally House opened a store at the Gloucester Premium Outlets in Philadelphia and one in Cedar Hill, TX.
Nike Names Minimalist Designer Tim Hamilton as Global VP of Design
Hamilton brings over 26 years of design experience to the role including working on large-scale collabs, and has reportedly built a reputation in the industry for “technical craftsmanship and modern minimalism while reflecting subtle shifts in youth culture.”
EXEC: Academy Execs Break Down Q4 Hits and Misses, 2024 Outlook
Academy saw an improving comp store sales trend in its fiscal fourth quarter, and while still negative, it gave company management something to hold on to when assessing overall performance in Q4, the full year ended February 3 and planning the year ahead.
EXEC: Nike Admits it Has a Problem, and Its Solution is… Air?
The Swoosh is putting Nike Air ahead of its innovative solutions to its current stale product and sluggish sales problem. The other solution is to play nice and support those pesky retail partners now that the brand suddenly needs them again.
Algenesis Unveils Groundbreaking Biodegradable TPU Material
Algenesis’ partnership with Trelleborg underscores the material’s versatility and potential to disrupt industries ranging from aerospace applications to outdoor apparel.
Capstone Partners Releases Annual Consumer M&A Report
Personal consumption spending on services increased 7.4 percent YoY, over double the growth experienced by goods spending, the widest differential of services spending growth versus goods spending growth since 2009.
The Buckle Sees Chief Merchant for Women’s Business Depart Company
Kelli Molczyk stepped down as SVP of women’s merchandising and left the company to pursue other opportunities, effective immediately.
Topgolf Callaway Completes Debt Repricing
The company said it lowered its annual interest expense while maintaining the financial flexibility and liquidity needed to fund the continued growth of the business.