Outdoor | Page 429 | SGB Media Online

Stock+Field Closing All Locations

January 14, 2021 SGB Today SGB Update

Stock+Field, the farm supply and outdoor department store, has filed for bankruptcy and is closing all 25 of its locations.

Anta Sports’ Q4 Sales Gains Led by Fila, Other Brands

January 14, 2021 SGB Update

Anta Sports reported modest retail sales gains for its flagship Anta brand in the fourth quarter while strong double-digit gains were seen by Fila and its other brands ((Descente, Kolon Sport, Sprandi, and Kingkow).

Bern Helmets Announces Expanded Team, New Headquarters

January 14, 2021 SGB Update

Bern Helmets announced an expanded leadership team and a growth plan leveraging the burgeoning outdoor and micro-mobility trends. Founder Dennis Leedom, with Adam Godwin, chief financial officer, will lead a team of veteran action sports professionals from its new headquarters in Cordage Commerce Center, a renovated industrial park.

Google Completes Fitbit Acquisition

January 14, 2021 SGB Update

Google said it had completed its acquisition of Fitbit after securing regulatory approvals. Fitbit’s CEO James Park and Rick Osterloh, Google’s SVP, Devices & Services, issued separate statements committing to data privacy and security protections.

Nike Sues Nearly 600 Websites For Selling Counterfeit Sneakers

January 14, 2021 SGB Update

Nike filed a lawsuit against 589 websites allegedly selling counterfeit versions of its Nike and Converse shoes online.

Canada Goose Appoints Asia-Pacific President

January 14, 2021 SGB Update

Canada Goose announced the appointment of Scott Cameron as president, Asia-Pacific (APAC), effective April 1, as well as the appointment of Michael D. Armstrong, executive vice president, ViacomCBS, to its Board of Directors as an independent director, effective immediately.

RECALL: Sea To Summit Alpha And Sigma Camp Pots

January 13, 2021 SGB Update

Sea to Summit has issued a voluntary recall of its Alpha and Sigma camp pots and will provide a field replacement latch to remedy all affected products.

Orva Secures Investment

January 13, 2021 SGB Update

Trilantic North America closed on an investment in Orva, a 3P authorized retail partner for footwear, apparel and equipment brands selling on Amazon, Walmart and other direct-to-consumer channels.

SylvanSport Appoints Finance Director

January 13, 2021 SGB Update

SylvanSport is expanding its team, most recently with the hire of Finance Director Lisa Drake. Drake previously worked as Finance Director in the manufacturing and hospitality industries.

Target’s Holiday Same-Store Sales Climb 17 Percent

January 13, 2021 SGB Update

Target Corporation announced that comparable sales in the combined November/December period grew 17.2 percent, driven by a 4.3 percent increase in traffic and a 12.3 percent increase in average ticket sales. Store-originated comparable sales grew 4.2 percent, while comparable digital sales grew 102 percent.

Big 5 Raises Q4 Guidance On Robust Holiday Sales

January 13, 2021 SGB Update

Big 5 Sporting Goods Corp. raised its earnings guidance for the fourth quarter ended January 3 as same-store sales grew 10.5 percent in the period on improving merchandise margins. Said Steven Miller, president and CEO, “As we enter a new year, we are confident that our product offerings will continue to attract customers who are looking to stay healthy and active.”