The Conference Board Consumer Confidence Index held steady in May, following a sharp decline in April. The Index now stands at 86.6 (1985=100), up from 85.7 in April.
Category: Outdoor
Thor Industries Releases RV Consumer Survey Report
A survey of RV owners and prospective owners across North America found that 94 percent of consumers still plan to vacation in 2020. The survey from Thor Industries, a leading maker of motorhomes and campers, explored changes in RV consumer travel and purchase intent since the onset of the coronavirus pandemic.
360 Adventure Collective Cancels Summer Expos In Mid-Atlantic And New England Regions
360 Adventure Collective has decided to cancel the 2020 New England and Mid-Atlantic regional trade shows due to safety concerns related to the spread of the novel coronavirus.
Wildwater Reopens After Brief Coronavirus Closure
Wildwater, the oldest outfitter in the Southeast, announced that it has resumed activities at all five of its adventure centers with new social distancing and health guidelines in place.
The Orvis Company Appoints Simon Perkins President
Orvis announced the appointment of Simon Perkins to president. Perkins will assume full strategic and operational leadership of the company as president and is the third generation of the Perkins family to lead Orvis since 1965. Outgoing President/CEO Bill McLaughlin will act as an advisor through the transition period.
Aku Outdoor Expands Sales In Southern States
Aku, the Italian manufacturer of hiking and trekking boots, announced that The Uber Group has been retained as its new sales rep agency to support sales throughout the southern states.
Deckers Brands’ Q4 Profits Slide
Deckers Brands Inc. reported earnings on an adjusted basis were off 35.3 percent as sales slid 4.9 percent. A 51.8 percent hike in Hoka One One’s sales was unable to offset a 17.9 percent decline at Ugg tied to store closures.
Canada Goose Lays Off 125 Employees
Canada Goose Holdings Inc has laid off 125 workers, about 2.5 percent of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.
4iiii Innovations Announces Cervélo Co-Founder, Phil White, As Acting President
4iiii Innovations Inc., the Canadian-based maker of cycling power meters, heart rate monitors, and cycling trainers, welcomed Phil White as its acting president. White was the co-founder of Cervélo Cycles.
Target’s Same-Store Sales Grew 10.8 Percent
Target Corp. reported first-quarter comparable sales grew 10.8 percent, driven by a 12.5 percent increase in average basket, as guests made fewer, bigger shopping trips. Store comparable sales increased 0.9 percent. Digital comparable sales grew 141 percent. Profits slumped 64 percent due to incremental pay and investments in safety measures.
Skullcandy Named A 2020 U.S. Best Managed Company
Skullcandy Inc., the lifestyle audio brand, has been honored with inclusion in the annual list of US Best Managed Companies in 2020.
Nightstick Partners With H&G Marketing To Expand Outdoor Retail Reach
Nightstick, based in Wylie, TX, announced the selection of H&G Marketing as its new U.S.-focused coast-to-coast marketing agency focused on outdoor and sporting goods.
L.L.Bean Begins Phased Store Reopenings At Select Locations
L.L.Bean announced it is beginning to reopen select stores in a phased approach, including limited-capacity shopping and/or curbside pick-up options as state guidelines allow.
Sales Of Outdoor And Sports Toys Surge
Amidst the COVID-19 pandemic, U.S. families are turning to outdoor play to manage social isolation measures and the cancellation of schools and organized sports. Sales of Outdoor and Sports Toys surged by $193 million during April, 2020, a 51 percent increase over the same time period last year, according to NPD Group.
VF Corp Donates More Than $10.3 Million To COVID-19 Relief Efforts
VF Corp., The VF Foundation, and the VF family of brands have donated more than $10.3 million in funds, products, and services worldwide to stem urgent medical needs, and help those struggling to cope in the face of the Coronavirus pandemic.
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