SGB Executive Outdoor
EXEC: REI Members Reject Three Co-op Backed Board of Director Candidates
Employees and organizers of the REI Union effort have taken credit for running a successful and disruptive attempt to reject the candidates put forward by the co-op’s current Board of Directors and offered up their candidates
EXEC: REI Co-op Halves 2024 Net Loss, Improves Margins, Reduces Inventories
The co-op reported that 2024 net sales declined ~6.2 percent to $3.53 billion, compared to $3.76 billion in 2023, while investing over $282 million back into the co-op community and ending the year in a cash flow neutral position.
EXEC: SportChek’s Q1 Same-Store Sales Expand 6.3 Percent at CTC
Canadian Tire Corp. reported SportChek delivered a third consecutive quarter of comparable sales growth, up 6.3 percent, driven by strong sales across corporate and franchise stores. Skiing, snowboards, hockey, and outerwear were the top-performing categories in the quarter.
Lowa Revenues Inched Up in 2024 Led by Kids, Winter Shoes and Trail Running
Lowa Sportschuhe GmbH reported sales grew 1.9 percent in 2024 to €233.9 million ($246 mm), marking the second-best result in the German company’s history. Kids, winter shoes and trail running segments led the gains.
EXEC: Helly Hansen Off to Promising Re-Start with New Parent Kontoor Brands
Kontoor Brands Inc. estimated the soon-to-be-acquired Helly Hansen outdoor and workwear brand will deliver double-digit growth in the second half of the year and sounded very positive on the opportunities for Helly, particularly in the U.S. market.
EXEC: Royal Robbins Posts Q1 Increase in U.S. Market for Parent Fenix Outdoor
The parent of the Fjällräven, Royal Robbins, Devold, and Frilufts, generated sales of €157.7 million in the 2025 first quarter, compared to €163.8 million in the 2024 Q1 period, a decrease of 3.7 percent year-over-year.
EXEC: Johnson Outdoors Cites Strong Demand for New Product Despite Market Woes
Camping & Watercraft Recreation sales were down 12 percent, with growth in Jetboil partially offsetting the declines in Watercraft and the exit of the Eureka! business.
EXEC: Columbia Brand Set to Take Market Share Back in 2025; Q1 Exceeds Outlook
First-quarter net sales and earnings exceeded guidance, driven by late-season demand for winter products and strong early-spring shipments. International markets, which contributed 40 percent of annual sales, performed well, with double-digit growth in the LAAP region and high-single-digit growth in EMEA.
EXEC: Coleman, Marmot Parent Shrugs Off Tariff Impact as Q1 Beats Estimates
On a quarterly call Wednesday, Chris Peterson, CEO of Newell Brands, parent of Coleman, Marmot and other outdoor brands, said he expects the company to be able to largely withstand and possibly benefit from a higher-tariff environment while predicting a larger decline in core sales for the year.
EXEC: Authentic Inks New ANZ Licensing Partner for Former Boardriders Brands
Authentic said the move secures the future of over 200 branded retail stores, wholesale and e-commerce platforms, and ongoing success for Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper, Spyder, and Volcom.
EXEC: Big 5 CEO Expects Little Near-Term Tariff Impact Due to Early Q2 Receipts
Second quarter-to-date sales are reportedly down in the high-single-digit range, in part reflecting an approximate negative 400 basis point impact from one less sales day in the period-to-date due to the Easter calendar shift.
EXEC: Rocky Brands CEO Sees Tariff-Based Price Increases Coming in June
The Xtratuf brand continues its recent momentum and delivered another exceptional quarter with double-digit growth in Q1, with the most popular new spring styles being the women’s duck camo and ivory colored ankle deck boots.
EXEC: Nordic SG Retailer XXL Returns to Growth in Q1 Despite Weather Issues
The general availability of products improved in the quarter, said to be driven by increased quantities of products on lower price points, especially within Private Label. The inventory was stable in value at quarter-end.
EXEC: Thule Group’s Organic Sales Dip in Q1; Lays Out More U.S. Market Changes
Thule Group CEO Mattias Ankarberg announced that Thule is implementing price increases in North America to offset cost increases from the newly imposed tariffs, even though the company has two of its own factories in the U.S.
EXEC: William Blair Tackles Tariff Realties in Latest Management Survey
Blair said that for now, the best solution seems to be a well-diversified supply chain across multiple jurisdictions, potentially with built-in redundancies to allow for nimbleness.
