The company said it is well-positioned to take advantage of the outstanding availability in the marketplace and deliver an eclectic mix of exciting gifts to its stores and online throughout this holiday season. The CFO said they have some great merchandise plans for the U.S. e-commerce sites in the Sierra business.
Category: Outdoor
Alterra Mountain Company Closes on A-Basin Acquisition
Alan Henceroth, A-Basin’s chief operating officer who has been with A-Basin for 36 years and has driven the mountain’s unique culture, will continue on to lead the resort and oversee daily operations with his longtime team.
Stio to Expand Retail Footprint in Vail and Sun Valley for 2024/25
For the Fall/Winter 2024/25 season, the company announced plans to open a new Mountain Studio in Vail, CO and bolster its partnership with longtime wholesale partner Sturtevants of Sun Valley, ID, with a Stio shop-in-shop.
Ski California Hires John Rice as President, Appoints New Chief Counsel
The 47-year ski industry veteran has been appointed the association’s new president. Rice, who has served as VP and general manager of Sierra-at-Tahoe since 1993, succeeds Mike Reitzell, now president and CEO of the National Ski Areas Association. The Board also appointed Kristin Bohm, Esq. specializing in ski industry defense, as special counsel to Ski California.
Amer Sports Makes Key Leadership Changes; Expands Global Leadership Team
Guillaume Meyzenq has been appointed new president and CEO for Salomon and Michael Hauge Sørensen returns to former role as advisor to Board of Directors. The Global Leadership Team was expanded to support company’s next phase of growth.
EXEC: Salomon Gets New CEO as Growth Moderates in Q3 on Weaker Equipment Business
By region, strong growth in Greater China and APAC was said to be partially offset by slower sales in EMEA and North America. The company expects to end 2024 with approximately 200 Salomon stores in China, with the opportunity to grow to several hundred locations over time in just Tier 1 and 2 cities.
Evergreen Outdoor Group Adds Partner Covering Pacific Northwest
Erik Walcott and Sara Zuchetto will now partner on the Evergreen Outdoor Group business, representing current brands including Chrome, Fits Socks, Free Fly, Kizik, and Oboz.
Nordstrom Sets Fall 2025 Plan for Rack Store in Lakeland, FL
The 30,000-square-foot store will be in Lakeside Village, a shopping center that includes Kohl’s, Books-A-Million, Belk, and entertainment options, including CMX Cinemas. Lakeside Village is owned and managed by Continental Realty Corporation.
Former NSGA Board Chairman Craig Koenig Passes Away
Koenig served on the NSGA Board of Directors from 1985 to 1992 and was Chairman from 1990 to 1991. As the Chairman and CEO of the Cleveland, OH-based family business Koenig Sporting Goods, Koenig oversaw the company’s growth from two stores in the late 1960s to an independent retail chain of 40 stores in the 1990s.
Canada Goose Wins Approval for Renewal of Normal Course Issuer Bid
The NCIB, as renewed, provides for the purchase for cancellation of up to 4,556,841 subordinate voting shares of Canada Goose over the twelve-month period commencing on November 22, 2024 and ending no later than November 21, 2025.
EXEC: Arc’teryx Outperforms Once Again in Q3 Despite Tough 2023 Comps
Direct-to-consumer remains the brand’s core growth engine, but Arc’teryx also reported strength in the Wholesale channel, which grew 26 percent. U.S. Wholesale was reportedly a standout for the quarter, especially for Arc’teryx.
Hartford Sales Group Celebrates 40 Years as Indie Sales Agency
The company, founded in October 1984 by Larry Hartford, cut its teeth on new brands launching in the market. Hartford started his footwear and apparel sales career ten years prior, representing Tred2, Brooks, Court Casuals and many others in the active outdoor space.
Lazydays Holdings Posts Deeper Loss as Sales Fall in Third Quarter
With a streamlined balance sheet, enhanced liquidity, and a simplified dealership network, Lazydays said it is better equipped to navigate the evolving RV landscape and deliver on our commitment to industry leadership.
Report: Private Golf Clubs are Vital Contributors to National and Local Economies
The study found that private clubs provided a total payroll of $17.4 billion in 2023, with $14.6 billion in wages and $2.8 billion in payroll taxes and benefits, surpassing large corporations.
EXEC: Amer Sports Sees Sharp Contrast Between West and East in Q3; Provides China Update
Amer Sports, which is majority owned by its China retail partner, highlighted on its conference call with analysts that while other consumer companies faced challenges in Greater China in Q3, Amer generated 56 percent growth in the region, continuing to “well outperform the market.”
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