The decline was due in part of the sale in April 2016 of Seattle Bike Supply, its parts & accessories activities in the region, as well as disappointing sales to multi-sports chains.
Category: Outdoor
Smartwool To Host Pre-March Poster-Making Happy Hour At Outdoor Retailer
Smartwool will host a poster sign-making happy hour at ORSM ahead of the industry-wide “This Land is Our Land March” march for public lands.
Summer Occupancy At Western Resorts Destinations Remains Flat, Revenue Surges
Even though summer occupancy among western mountain resort destinations is up only a scant 0.2 percent compared to last summer (May through October), revenues continue to gallop ahead driven by robust gains in the Average Daily Rate (ADR)
Accell Group Sees Modest Revenue Gain In First Half
Accell Group N.V reported revenues inched up 0.7 percent in the first half as gains in e-bikes offset softness in regular bikes, particularly in North America, the Netherlands and Turkey.
Academy Undergoes Layoffs
Academy Sports + Outdoors has laid off approximately 100 employees from its corporate office in Katy, TX, according to an e-mailed statement.
Sports Direct’s Profits Dragged Down By Weak Pound
On a conference call with analysts, Mike Ashley, CEO and owner, said the company is now expecting an improved U.K. performance at Sports Direct partly because the company had “smashed the ball out of the park” with its investment in more up-market flagship stores.
Thule Sees European Momentum Offset Softer Americas In Q2
Thule Group’s sales in the Americas region rose 2 percent adjusted for currency fluctuations in the second quarter “in a challenging market,” according to Thule CEO and President Magnus Welander.
Katadyn Group To Acquire Hydro-Photon Inc.
Katadyn Group signed an agreement to acquire the assets of Hydro-Photon Inc., the maker of the SteriPen ultraviolet, handheld water purifier. The acquisition is planned to close near the end of July 2017.
NFL, Gatorade Join Speaker Roster For SFIA Industry Leaders Summit
Tod Leiweke, NFL chief operating officer, and Jeff Kearney, Gatorade global head of sports marketing have been added to the lineup of speakers at the SFIA’s 2017 Industry Leaders Summit in Chicago, September 13-14, 2017.
Carsten Von Birckhahn Dies In Paragliding Accident
CEO and brand manager of Edelrid, Carsten von Birckhahn, has died after a crash landing while paragliding in Val di Mello in northern Italy.
Thule Group Sees Double-Digit Gains In Q2
Thule Group reported net sales increased 13.3 percent in the second quarter while growing 8.6 percent adjusted for exchange-rate fluctuations.
Sports Direct Profits Drop More Than Half
Sports Direct reported earnings tumbled 58.7 percent in its year ended April 30. The U.K. sporting goods chain blamed the devaluation of British pound against the U.S. dollar.
NRF Names New Chairman, Board Members
The National Retail Federation announced that Macy’s Executive Chairman Terry Lundgren has been elected chairman of the NRF Board of Directors. Lundgren replaces former HSNi CEO Mindy Grossman, who resigned from the board after leaving retail to head Weight Watchers.
LCI Brands Hires New Director Of National Accounts
LCI Brands, which owns Lewis N. Clark and UrbanGear, has hired Elisa Kuri as its new director of national accounts.
Timberland Celebrates 10th Anniversary Of Original Earthkeepers Boot
Timberland released a seasonal exclusive boot called the Eagle Bay to celebrate the ten-year anniversary of launch of the Original Earthkeepers 6-Inch Boot.
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