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Category: Outdoor

Perfect Moment Sales Dip in Fiscal Q1 on Heavy E-Commerce Returns

August 15, 2024 SGB Update

The end-of-season sale for AW23 included an unusually high percentage of products sold at a discount to make room for a new collection replacing many of the brand’s product lines for AW24, partly due to new restrictions on PFAs in apparel.

Dillard’s Q2 EPS Contracts 42 Percent on Lower Sales, Tighter Margins and Rising Expenses

August 15, 2024 SGB Update

The department store retailer hit the trifecta as sales and margins fell and expenses rose for the fiscal second quarter. The weakest performances came from men’s apparel, accessories and shoes; the best category was cosmetics.

Report: Online Spending Rose in July, but Shifted to Lower Cost Options

August 14, 2024 SGB Update

Signifyd’s data shows e-commerce sales are still growing, but consumers are relying on discounts and low-cost options as merchants wonder what it means for the coming Holiday shopping season.

Garmin Response Extends SOS to Google Pixel Smartphones

August 14, 2024 SGB Today

Beginning in the U.S., Garmin has integrated its satellite SOS emergency response coordination service into Google’s Pixel 9 smartphones.

VF Corp. and Nike Veteran Goksel Ozturk Passes Away

August 14, 2024 SGB Update

VF Corporation announced the passing of Goksel Ozturk, the company’s country managing director in Turkey

Escalade’s Walt Glazer to Retire from President and CEO Roles

August 14, 2024 SGB Update

Glazer, a shareholder since 1991, a Board Director for the past nine years, and chairman since 2018, will continue serving on the Board after his retirement, pending annual shareholder approval.

Vail Resorts Announces 2024/25 Winter Season Opening Dates

August 14, 2024 SGB Update

The company will kick off the ski season in October at Keystone Resort, with more resorts across the Rockies and West opening closer to the winter season.

Leatt Corporation Swings to Q2 Loss as Global Sales Fall Despite U.S. Growth

August 14, 2024 SGB Update

Consumer-direct sales increased by 19 percent, and dealer-direct sales increased by 14 percent, which the company believes is a testament to brand recognition and the success of its drive to reach a wider global consumer group.

Yamaha U.S. Marine Appoints Outdoor Marketing Division Manager

August 14, 2024 SGB Update

A 21-year company employee, Scott Higgins now oversees Yamaha Marine advertising, events, tournaments and sponsorships, Yamaha pro staff, and Yamaha Marine dealer education. He succeeds Susan Camp, who retired in August 2024.

Reports: Rad Power Bikes Cut More Headcount in July

August 14, 2024 SGB Update

This is the sixth round of layoffs that have hit the e-bike startup since 2021.

Winnebago Makes Transitioning Moves on Executive Leadership Team

August 13, 2024 SGB Update

Chris West, senior vice president of Winnebago Industries enterprise operations and Barletta Boats, has been named president of the Winnebago Outdoors businesses, replacing Huw Bower who is stepping down at the end of August.

Dick’s Sporting Goods Plans New Distribution Center in Fort Worth, TX

August 13, 2024 SGB Update

Construction on the facility will begin early this fall with a groundbreaking. The building phase is expected to create more than 800 temporary construction jobs. The facility is expected to open in early 2026.

Nordstrom Plans to Open Four New Locations in North Carolina by Spring 2025

August 13, 2024 SGB Update

In addition to a planned 25,000-square-foot Nordstrom Rack store in Morrisville, NC, the retailer will also open three stores in Mooresville, Raleigh and Matthews, NC this fall and next spring.

Black Diamond to Launch Partner-Run Mountain Shop with Wilderness Exchange

August 13, 2024 SGB Update

Wilderness Exchange, a purveyor of specialty outdoor gear and clothing for 25 years in downtown Denver, will launch the first partner-run mountain shop in North America with Black Diamond.

EXEC: Yue Yuen Sees Improving FW Manufacturing but China Retail Still a Drag

August 12, 2024 SGB Executive

The volume of shoes shipped during the first half period increased by 9.9 percent to 120.7 million pairs amid a “decent recovery trend” and a further normalized order book. Pou Sheng China retail decreased 12.7 percent to $1.38 billion in U.S. dollar terms for the first half.

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