Negrini Names Director, Sales & Marketing

Negrini welcomed Scott Ashton as their new director of sales and marketing. Ashton will lead the sales and marketing efforts for their premium line of gun cases as well as their new Sea Run line of luxury fly rod cases.

Adidas Appoints New Head Of Outdoor Division

Adidas has hired Carla Murphy, former VP, global brand & product, Icebreaker, as general manager of its outdoor segment that’s being targeted for accelerated growth, according to a report in the Financial Times.

Winnebago’s Q2 Revenues Jump 24 Percent

Winnebago Industries doubled its earnings in the second quarter ended February 27 as revenues rose 34.0 percent. The maker of motorhomes said interest in the outdoors remains high as evidenced by elevated order backlogs and retail sales growth.

Pure Fishing’s Debt Outlook Revised To Stable From Negative

S&P Global Ratings revised its debt outlook on Pure Fishing to stable from negative as the fishing gear manufacturer outperformed S&P’S 2020 base case for revenue, EBITDA, cash flow, and leverage. The rating agency also revised its 2021 revenue and EBITDA expectations upwards because of high expected demand for fishing products at least through the first half of 2021.

L.L. Bean Registers Record-Breaking Revenue

L.L.Bean announced the close to its 2020 fiscal year, with annual net revenue totaling $1.59 billion, a 5 percent increase over 2019. The company also paid a performance bonus of 10 percent of annual pay to employees.

Duluth Holdings’ Sales Dip In Fourth Quarter

Duluth Holdings Inc. reported a modest decline in earnings on a 1.4 percent slide in sales in the fourth quarter ended January 31. Strong online sales continued to offset steep declines in-store sales. Sales have recovered to show mid-teens growth early in fiscal 2021.