Outdoor | Page 520 | SGB Media Online

Unity Needed For Snow Sports Industry To Boost Participation

April 30, 2019 SGB Executive

As this historic ski and snowboard season winds down, it’s time for the industry to gather for an après drink and find ways to reverse the trend of declining participation. SGB spoke with numerous stakeholders about how they can contribute to the cause and why building on the momentum of this epic season is so critical.

Academy Sports Opens Store in Ardmore, OK

April 30, 2019 SGB Update

Academy Sports + Outdoor opened its first store in Ardmore, OK, representing its 13th store in Oklahoma.

Descente To Close North American Skiwear Subsidiary

April 29, 2019 SGB Update

Descente announced plans to shutter its North American skiwear business by the end of its current fiscal year, which ends Mar. 31, 2020.

Thule Group’s Q1 Revenues Climb 14 Percent

April 26, 2019 SGB Update

Thule Group reported a 13.8 percent gain in sales in the first quarter and advanced 7.5 percent on a currency-neutral basis.

Helen of Troy’s Q4 Housewares Sales Expand 8 Percent

April 26, 2019 SGB Update

Helen of Troy Limited said sales in its Housewares segment, which includes OXO and Hydro Flask, increased 7.8 percent in the fourth quarter ended February 28, to $126.1 million. The gains were primarily due to growth in the online channel, higher club channel sales, new product introductions and growth in international sales.

Vail Resorts Sees Healthy Close To North American Ski Season

April 26, 2019 SGB Update

Vail Resorts reported season-to-date total lift ticket revenue at the company’s North American mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 9.3 percent compared to the prior year season-to-date period.

Trust Performance Appoints Reps

April 25, 2019 SGB Update

Trust Performance, known for its bike suspension systems, announced the formation of partnerships with six independent, outside sales rep groups.

Cherokee Global Brands Sees Double-Digit Q4 Growth For Hi-Tec

April 25, 2019 SGB Executive

Cherokee Global Brands reported sales declined 11 percent in the fourth quarter due to a shift from direct-to-retail (DTR) through a wholesale licensing model. A bright spot, however, was the Hi-Tec brand, which delivered a 12 percent gain in revenues year-over-year.

Rocky Brands Inc. Ramps Up Reinvestment After Strong Q1

April 24, 2019 SGB Executive

Marketing efforts clearly paid off for Rocky Brands Inc. in the first quarter, with the company reporting a 9.1 percent earnings increase on a 7.4 percent revenue gain, both of which beat Wall Street’s estimates. Now the company plans to double down on that strategy by reinvesting some of the profits from last quarter into a revamped and rejuvenated marketing strategy aimed at taking more share across end markets.

Adidas, Reebok and Patagonia top 2019 Fashion Transparency Index

April 24, 2019 SGB Update

Three sportswear and outdoor brands – Adidas, Reebok and Patagonia – are leading the way on transparency amongst the world’s 200 largest fashion brands and retailers by disclosing a wide range of human rights policies, commitments and outcomes, as well as who their suppliers are, Fashion Revolution’s Fashion Transparency Index 2019 revealed.

Consumers Willing To Pay Up For Sustainability

April 23, 2019 SGB Executive

According to CGS 2019 U.S. Consumer Sustainability Survey, more than two-thirds of Americans consider sustainability when making a purchase and are willing to pay more for sustainable products. Gen Z shoppers led the way, with 68 percent having made an eco-friendly purchase in the past year.