Frasers Group plc, who was represented with 28,776,450 shares and votes, equal to approximately 96.5 percent of the shares and votes represented at the general meeting, may be responsible for moving the managing director of Frasers Group IBML into the XXL Interim CEO role.
Category: Outdoor

Pelican Intl USA Bumps Prices on Wilderness Systems, Dagger and Perception Products
The company started to adjust pricing on newly produced kayaks, effective June 4, 2025. The price hikes are said to be in response to ongoing economic pressures, including rising operational costs, sourcing challenges, and fluctuating tariffs.

Duluth Holdings Widens Q1 Loss, Plans Further Restructuring Moves
The casual apparel and workwear brand widened its loss in the first quarter ended May 4 as sales dropped 12.0 percent. Returning CEO Stephanie Pugliese stated in a media release that she is conducting an “in-depth review” of the organization to simplify its operations, focusing on brand awareness, solution-based products, product innovation, and customer service.

Canada Goose Holdings Inc. to Pay $30 Million Over Vendor Contract Dispute
An arbitrator has awarded financial compensation to a former Canada Goose vendor in connection with a previously announced commercial dispute.

Costco May Comps Grow 6.0 Percent x-Gas; E-Commerce Up 12 Percent
Excluding gas, Costco’s same-store sales in the U.S. were up 5.5 percent in the U.S. and 6.0 percent overall. E-commerce sales advanced 12 percent.

SIA Preliminary Winter Season Report Reveals Evolving Winter Sports Participant
The SIA data suggests that while U.S. participants in snow sports activities rose by 2.4 percent season-over-season, the mix of activities and engagement levels are “evolving,” which the outdoor trade association said reflects changing interests, the impact of changing weather patterns and consumer behaviors.

Tilly’s Q1 Same-Store Sales Retreat 7 Percent
The surf & skate chain logged a slightly wider loss in the first quarter ended May 3 as same-store sales dropped 7.0 percent. The sales decline was smaller than in the fourth quarter, with further improvement seen so far in the second quarter.

The North Face Hit with Cyber Attack
The company discovered a “small-scale” cyberattack in April of this year, and an unauthorized party may have stolen some personal information from its customers but not their financial information, which TNF processes through a third party.

Everyday California Opens Huntington Beach Location
The 2,200-square-foot shop is said to blend everything the brand is known for — epic water adventures, a laid-back atmosphere and sustainably made gear — into one retail spot steps from the sand.

Authentic Adds Volcom and Spyder to Boardriders Japan Partnership
With the addition of Volcom and Spyder, Boardriders Japan (BRJ) now manages all retail, wholesale and e-commerce operations for eight of Authentic’s action and outdoor sports brands in Japan.

Yeti Appoints VP Investor Relations
Arvind Bhatia has joined Yeti Holdings as vice president, investor relations. Before Yeti, Bhatia led SharkNinja’s investor relations strategy as they transitioned to a public company.

Culture Shift: Americans Are Ditching Fitness Influencers and Trusting Themselves
Rather than the ‘hustle culture’ fitness of the 2010s with its celebration of exhaustion, people are now prioritizing long-term health, injury prevention and mental well-being.

Airstream Parent Thor Industries Returns to Sales Growth in Fiscal Q3
Thor Industries, Inc.’s earnings and sales surpassed expectations in the fiscal third quarter ended April 30, driven by efforts to reduce costs coupled with modest top-line improvement. The maker of recreational vehicles posted its first quarterly sales gain since 2022.

Klaus Obermeyer, at 105 Years of Age, Transitions CEO Role to “Fresh” Leadership
Obermeyer, who remained active on the slopes of Aspen longer than most people live, has named outdoor active lifestyle industry veteran Kris Kuster as the company’s new CEO. Also, the company promoted Kalin Tegman to director of sales and Lilly McSwain was named customer service manager.

EXEC: Sportsman’s Warehouse Execs Lay Out Turnaround Wins; Reiterate Guidance
Comp sales grew for the first time in nearly four years as the company focused on replenishing in-store stock, which boosted sales in the Hunting, Fishing and Shooting Sports categories. Ammunition was up 3 percent and Fishing was up 11 percent.