Moosejaw CEO Eoin Comerford told SGB that Moosejaw will now oversee the outdoor category across all Walmart’s online properties – Walmart.com, ShoeBuy.com and Jet.com.
Category: Outdoor
Canada Goose Looks To Ramp Up Expansion With IPO
In its IPO prospectus, Canada Goose said it plans to continue its rapid growth by expanding into the Mid-Atlantic, Midwest and Pacific Northwest, moving into categories from knitwear to bedding and expanding online with its own stores and overseas.
Cabela’s Inc. Shares Slide Further On Weak Q4
Shares of Cabela’s Inc., already down this year due to concerns over the completion of its merger with Bass Pro, slid some more on Thursday after the hunt & fish specialist reported fourth-quarter earnings that came in short of expectations.
Shimano Group’s Q4 Impacted By Cycling Weakness
Shimano Group saw operating earnings in the fourth quarter slide 19.6 percent to ¥16.1 billion while net sales dropped 11.4 percent to ¥81.3 billion.
FGL Sports Sees 5.1 Percent Q4 Comp Gain
Canadian Tire reported same-store sales at its FGL Sports segment grew 5.1 percent in the fourth quarter. Comps at Sport Chek climbed 4.9 percent.
Cabela’s Q4 Profits Slide
Cabela’s Inc., which has reached an agreement to merge with Bass Pro, reported earnings 26.3 percent in its fourth quarter ended December 31 as sales fell 4.9 percent. U.S. comparable-store sales decreased 6.4 percent.
Canada Goose Files For IPO In New York And Toronto
According to its prospectus, revenues grew at an annualized rate of 38.3 percent from 2014 to 2016.
Colorado Group Looks To Lure Outdoor Retailer Show
An ad in that ran in the The Salt Lake Tribune and Deseret News read, “We have stronger beer. We have taller peaks. We have higher recreation. But most of all, we love our public lands.”
January Retail Sales Expand 3.8 Percent
Sporting goods stores’ sales increased 1.8 percent seasonally adjusted over the previous month and decreased 3.7 percent unadjusted year over year.
Patagonia Forms Research Partnership With HeiQ
The partnership will explore ways for a sustainable textile finishing technology to achieve high-performance breathable and durable water repellence (DWR).
GU Withdraws From OR, Adds Interbike To Debate
“GU will not attend any tradeshow, Interbike included, that moves to Utah while its public policy remains inimical to GU core values,” stated a company representative.
Gander Mountain Downplays Bankruptcy Speculation
Gander Mountain issued a statement noting that it had retained Houlihan Lokey as independent advisors as part of a review process, but also inferred the hiring wasn’t tied an imminent bankruptcy filing.
MC Sports Looks For Rebirth Amid Liquidation
In two diametrically opposed maneuvers, MC Sports is planning to quickly hold going-out-of-business sales at all its locations while also feverishly seeking a buyer or investor to avoid an all-out liquidation.
VF Corp. Adds To Board Of Directors
The branded lifestyle apparel, footwear and accessories company elected Carol L. Roberts and Benno Dorer as board directors, effective February 14, 2017.
Suunto Names U.S. Endurance Community Manager
The producer of sports watches, dive computers and precision instruments, appointed Nat Harward as endurance community manager in the U.S.
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