In EY Parthenon’s latest recap of it’s semi-annual CEO Survey, the firm found a slight rise in CEO confidence that could signal cautious optimism for transformation and growth agendas in the year ahead.
Category: Outdoor
Scheels to Open Third Store in Wisconsin in 2027
Wauwatosa Scheels will employ 500-plus store associates, the majority of whom will be employee owners hired locally. The store will be the company’s 36th location. A 35th store will open in Fall 2026 in Cedar Park, TX.
EXEC: Sports Direct Parent Frasers Abandons Nordic SG Retailer XXL Takeover Effort
Frasers cited the condition requiring acceptance of the Intended Offer by a sufficient number of shareholders to ensure that it would hold more than 50 percent of XXL shares and votes on a fully diluted and converted basis would not be satisfied.
RVIA Promotes Alice Wang to VP Human Resources
Wang joined RVIA in 2001 as a Human Resources administrative assistant working with the vice president of Operations and the director of Human Resources.
Lids Appoints New Chief Financial Officer
Greg Cox was promoted to CFO effective immediately. He has worked for the company for eight years. In his new role, he will lead strategic growth initiatives and operational simplification across the global retailer’s business functions.
Walmart Gets Strong Q4 Lift from U.S. and Global E-Commerce Gains
Globally, e-commerce grew 16 percent with penetration up across all segments. Walmart U.S. comp sales up 4.6 percent with positive growth in general merchandise.
EXEC: Garmin Ltd. Shares Jump on Strong Q4 and Full-Year Report
The company posted double-digit growth in three of its five segments in Q4, with the Fitness segment showing 31 percent growth, the Auto OEM segment with 30 percent growth and the Outdoor segment with 29 percent growth year-over-year.
Camping World Closes on Purchase of Lazydays in Arizona
The company closed on the asset and real estate purchase of Lazydays in Surprise, AZ. Marcus Lemonis, chairman and CEO, expects to continue to capitalize on “today’s robust dealership M&A environment.”
Wiley X Strengthens Sales Leadership with Key Hires
The new hires include Seth Quackenbush as director of sales for the Outdoor Division, Jack Schindler as national sales Manager for the Outdoor Division and Johnathan Weikum as director of sales for the Optical Division.
EXEC: Merrell Looks at Life Beyond the Trail; Eyes the Mall for Lifestyle Growth
Merrell is expected to grow mid-single-digits in 2025, building on second-half 2024 gains. The company expects key products, including the SpeedARC Collection, Moab Speed 2 and Agility Peak 5 to continue driving the category.
Play it Again Sports Parent Sees Revenues and Profits Dip in 2024
Winmark Corporation reported that revenues for the year ended December 28, 2024, were $81.3 million, down from $83.2 million in 2023, impacting its decision in May 2021 to run off its leasing portfolio.
TSG Consumer Partners Appoints New Head of London Office
TSG’s past and present investments in the active lifestyle space include Backcountry, Corepower Yoga, Nuun, Revolve, Canyon Bicycles, and Planet Fitness. TSG has investment offices in San Francisco, New York and London.
Camping World Holdings Gets Borrowing Capacity Bump to $2.15B
The company’s RV Inventory Floor Plan Facility provides additional financial and operational flexibility for its growth strategy by increasing the committed borrowing capacity by $300 million to an aggregate amount of $2.15 billion.
EXEC: Jackson Kayak Adds to Paddle Stable with Eddyline Kayaks Deal
The company said “the deal unites two iconic brands with one mission: to inspire more people to experience the joy of kayaking.” Jackson Kayak also owns Werner Paddles and Kialoa.
Pit Command Adds Strategic Advisors to Board
Charles Whittingham and Hunter Marvel are seasoned industry professionals with expertise in sales, marketing and brand strategy and “will be instrumental as Pit Command scales operations and drives innovation.”
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