SGB Executive Outdoor

Consumers Willing To Pay Up For Sustainability

According to CGS 2019 U.S. Consumer Sustainability Survey, more than two-thirds of Americans consider sustainability when making a purchase and are willing to pay more for sustainable products. Gen Z shoppers led the way, with 68 percent having made an eco-friendly purchase in the past year.

Nike Inc. Creating Separation In Athletic Apparel

Nike Inc.’s athletic apparel offering is gaining mindshare among consumers in four categories—innovation, fashion, style and value—mostly at the expense of Under Armour, according to a recent survey from Canaccord Genuity Capital Markets.

Columbia’s CEO Tim Boyle Speaks Up On Speaking Out

In an interview with the Portland Business Journal last December, Columbia Sportswear CEO Tim Boyle said one of his New Year’s resolutions was to get on President Donald Trump’s enemies list and he’s publicly taken on the Trump administration on issues ranging from immigration to the partial government shutdown and tariff dispute. Boyle said it’s a matter of principles.

Birkenstock’s David Kahan Talks About Fan Love

At FDRA’s Footwear Executive Summit, David Kahan, CEO, Birkenstock Americas, discussed today’s rapid pace of change and how change can be “scary.” But he said a large part of Birkenstock’s explosive growth in recent years has been driven by re-focusing on the passionate following – albeit initially small – that had long existed for the brand.

JD Sports Off To Strong Start In U.S.

So far so good for Finish Line under its new owner, JD Sports. JD Sports said Finish Line’s comps were up 7 percent in 2018 with sales trends improving as the year progressed. The first JD stores to land in the U.S. are also seeing encouraging initial results.

Academy’s Struggles Continued In 2018

In an update, Moody’s Investors Service confirmed the debt ratings and outlook of Academy, Ltd., the parent of Academy Sports & Outdoors, while also indicating that the retailer’s financial performance continues to erode. The report noted that Academy’s comps declined in the mid-single-digit range and EBITDA declined 12 percent in 2018.

Bullish Report On Outdoor Apparel Sector

A new study from Stifel finds outdoor apparel consumers generally rate apparel and footwear brands in the outdoor category with high regard and place particular importance on versatility, comfort and style. The top four brands identified as primary outdoor apparel brands in an accompanying survey were Nike, Columbia, The North Face and Under Armour.

Duluth Trading Warns Of Sales Slowdown

Shares of Duluth Trading fell $5.94, or 25.2 percent, to $17.60 Friday after the company reported fourth-quarter earnings that came in well short of Wall Street’s targets because of delivery challenges and a poor response to newer offerings. Guidance for the current year was also significantly cut with a sales recovery not expected until the second half.

IMF Study Finds Tariffs Can’t Fix Trade Problems

New research from the International Monetary Fund (IMF) finds that if the U.S. and China raise tariffs to 25 percent on all goods traded between the two countries, the U.S. economy would lose between 0.3 and 0.6 percent in growth, the Chinese economy would lose between 0.5 and 1.5 percent, and global growth would slow by 0.1 and 0.2 percent.

Sports Participation Roundup

Extensive research from Women In Adventure touting the strong connection between women in the outdoors and their mental well-being highlighted the latest round of sports participation surveys and studies. Research also arrived on running-race sign-ups, tennis participation, gym memberships, tackle football and more.

Tariffs Less Worrisome For Some, Not Others

While no trade deal has been reached between the U.S. and China, the news around tariffs has been more favorable than unfavorable since the start of the year. But some industry players still have been raising prices, purchasing early to avoid hits and taking other steps to mitigate their potential impact.

Amazon Reports Roundup

A number of retail studies arrived over the last few weeks on retail’s disruptor, Amazon, including the e-commerce giant’s break-through in apparel, expanding dominance in product search, private-label shortfalls, trust credibility, digital advertising pushes and more.

Aisle Talk Week Of March 11

Top headlines from the active lifestyle industry you may have missed this week, including Brooks Running Company’s promotion of Dan Sheridan to a newly configured role of EVP and chief operating officer.

Dorel Sports Q4 Hurt By Softness In Mass Channels

Dorel Industries Inc. reported that profitability in its Dorel Sports’ segment came in below plan in the fourth quarter due to a slowdown in bicycle sales across the board at Pacific Cycle that targets the mass channel. Martin Schwartz, president and CEO of Dorel Industries, said the exit of Toys “R” Us didn’t benefit the mass channel as much as projected.