SGB Executive Outdoor
EXEC: Canada’s Roots to Go Private in Marquee Brands Deal
Canadian outdoor and lifestyle brand Roots Corp. has agreed to be taken private by Marquee Brands, the U.S. brand management company that owns Body Glove, Dakine, Stance and Totes/Isotoner in the active and outdoor space. Under the agreement, shareholders will receive C$4.10 (US$2.98) in cash for every common share held for a purchase price of C$160.7 million ($117 million).
EXEC: Pelago Appoints CEO
Finnish bicycle manufacturer Pelago has appointed Mika Sarimo as chief executive officer. Sarimo previously held leadership positions at Nokia and was most recently at HMD Global, overseeing marketing and regional operations across EMEA and other international markets.
EXEC: Dick’s Q2 Results Preview – Investor Focus on Foot Locker Turnaround
Shares of Dick’s Sporting Goods Inc. have been trading near 52-week lows due to investor concerns over Foot Locker’s recovery that were reinforced by JD Sports’ subpar first-half results. However, most analysts remain positive on Dick’s shares and expect the retailer to meet or exceed estimates when it reports Q2 results next Tuesday, August 25.
EXEC: Bergans of Norway CEO Silje Garberg Ree to Lead Swix Parent Brav
Silje Garberg Ree is stepping down as CEO of Bergans of Norway at the end of the year to become CEO of Brav, which owns the Swix, Lundhags, Helsport and Toko brands.
EXEC: Rapala VMC Gets North America Lift in First Half as Growth Accelerates into Q2
The company said sales in the North American market remained strong in the second quarter, building on the strong performance in the first quarter as Q2 replenishment sales demonstrated healthy sell-through of the initial load-in orders shipped at the beginning of the year.
EXEC: Tenson Outdoor Gear to Launch in U.S. This Fall Under Cutter & Buck Team
The owner of the Ahead, Auclair, Cotton Classics, Craft, Cutter & Buck and Tencent brands, among many others is investing in a new warehouse and logistics center in Dallas, Texas, scheduled to open in October 2026, with 10 million units of storage capacity and advanced automation technology, including AutoStore, embroidery and Direct-to-Film decoration.
EXEC: Sierra Discount Outdoor Banner to Continue on Aggressive Expansion Track
On TJX Cos.’ second-quarter analyst call, Ernie Herrman, CEO, said TJX increased its long-term store-opening targets while indicating its Sierra outdoor-themed off-price concept will continue to contribute “disproportionately” to those expansion efforts.
EXEC: JD Sports Fashion Sees Tough Q2 Footwear Sales Trends Outside Running
The parent of Hibbett, JD, Finish Line, DTLR and Shoe Palace in the U.S. and multiple other sports, outdoor and footwear banners across Europe and Asia Pacific, said the North America region saw the “most acute impact” in Q2, reflecting a slower quarter for high-“heat footwear product” and the timing of “back-to-school” demand.
EXEC: Arc’teryx Continues Strong Growth in Q2; Plans Dick’s HOS Test for Fall 2026
Amer Sports CEO James Zheng highlighted the brand’s momentum in the women’s business in Q2, which grew faster than any other category for the Arc’teryx brand. Newness and seasonal colorways reportedly generated over 60 percent of women’s sales in the quarter.
EXEC: Berghaus to Open First Store in Manchester, England
Berghaus, the UK-based outerwear brand owned by Pentland Group, plans to open its first store in Manchester, England later this month
EXEC: Salomon Brand Strength in Q2 Led by China and DTC Expansion
While Sportstyle and China DTC continues to be the biggest growth driver for the brand, the company noted that GRVL is also inflecting in Europe and is gaining Performance Run traction in the Run Specialty channel in North America and EMEA.
EXEC: RevolutionRace Set to Open Store in Oberhausen, Germany This Fall
RevolutionRace said its largest region in Germany is Nordrhein-Westfalen and is said to have almost 20 million population including major cities such as Dusseldorf, Cologne and Dortmund. Westfield Centro is located in the heart of this region.
EXEC: Perfect Moment Shrinks Loss in Fiscal Q1
Perfect Moment Ltd reduced its net losses in the fiscal first quarter ended June 30 while sales declined 22 percent in its seasonally lowest quarter. The UK-based luxury snow sports and lifestyle brand said the performance reflects its shift to a “full-price luxury brand model” and the company remains focused on fallwinter selling.
EXEC: Rapala VMC Expects 2026 Operating Profit to Blow Past 2025 Levels
The company said that replenishment demand “has further remained robust” in Q2 2026 in the company’s core North American market, following strong initial fill deliveries in Q1 for the open-water season.
EXEC: Japan’s Xebio Holdings Sees 6 Percent Growth in Fiscal Q1
The largest sporting goods and athletic apparel retailer in Japan reported sales in the fiscal first quarter ended June 30 rose 6.1 percent to ¥68,242 million ($428 mm).
