SGB Executive Outdoor
Aisle Talk Week of June 4
Top headlines from the active lifestyle industry you may have missed this week, including Winnebago acquiring boat manufacturer Chris-Craft.
Camping World To Open RV Dealerships In Gander Outdoors Locations
Speaking at the Baird’s 2018 Global Consumer, Technology & Services Conference, Camping World CEO Marcus Lemonis revealed that Camping World’s plan all along has been to add RV dealerships to the acquired Gander Mountain locations.
Ski Resort ‘Arms Race’ Escalates With Vail’s Latest Move
Vail Resorts Inc.’s acquisition of four ski resorts earlier this week wasn’t a huge deal financially—at least relative to the company’s annual revenue—but adding locales near key U.S. markets could prove to be a monumental, even epic, move for the Colorado-based ski area operator.
CEO: Duluth Pursuing Omnichannel With ‘Strong Conviction’
Duluth Holdings Inc., parent of Duluth Trading Co., is moving into a “true omnichannel environment with strong conviction,” according to CEO Stephanie Pugliese, who outlined the apparel and accessories company’s progress on this pursuit in Tuesday’s earnings call with analysts.
Active Lifestyle Vendors Deliver Robust Q1
A wide majority of vendors in the actve lifestyle space reported first-quarter results that topped Wall Street’s expectations with many raising guidance for the year. Among brands, Vans, Champion, Puma and Callaway Golf stood out with healthy double-digit top-line growth but earnings from Nike, Deckers Outdoor, Columbia Sportswear and Wolverine Worldwide all easily topped Wall Street’s targets.
May M&A Roundup: Shakeup In Firearms, Outdoor Sectors
Although May was a relatively slow month for mergers and acquisitions activity in the outdoor and active lifestyle space, a few eye-opening transactions dominated headlines because they fell outside the scope of traditional deals.
Aisle Talk Week of May 28
Top headlines from the active lifestyle industry you may have missed this week, including the potential for an Eddie Bauer and Pacific Sunwear merger.
Firearms Fallout Fizzles As Dick’s Sporting Goods Surges In Q1
Dick’s Sporting Goods’ recent policy refusing to sell firearms resulted in plenty of PR fallout but it hasn’t affected the retail giant’s bottom line. The Pittsburgh, PA-based company easily beat Wall Street’s estimates for the first quarter ended May 5 through strength in other categories, including an especially solid performance in private label sales, which led to higher margins.
What Does Canadian Tire-Helly Hansen Deal Mean For Outdoor Retail?
Canadian Tire Corp.’s recent $771 million acquisition of Helly Hansen resonated across the outdoor world for its sheer novelty—a retailer has never bought such an established, iconic brand at such an eye-popping price. But does it signal a trend of similar deals happening across the industry?
Aisle Talk Week Of May 21
Top headlines from the active lifestyle industry you may have missed this week.
LL.Bean Chairman Urges UNH Grads To Lead ‘Adventure-Filled” Lives
In his commencement address for the University of New Hampshire’s 2018 graduating class, Shawn Gorman, L.L.Bean’s chairman, called the outdoors “a critical antidote to this hyper-competitive, hyper-stressed, tech-driven world we live in.” While technology powers the world in wonderful ways, “it will never fill your soul like a sunrise in the mountains,” he said.
Kohl’s Delivers Blow-Out Q1 On Active Strength
Led by 10 percent comp growth in its active assortments, Kohl’s Inc. reported first-quarter earnings that easily topped Wall Street’s targets and lifted its guidance for the year. Nike, Under Armour and Adidas led the active gains and the department-store operator is planning a 30-store test that will see square footage dedicated to active expand by 40 percent.
U.S.-China Trade War ‘On Hold’ … But Should Companies Remain Wary?
The looming trade war with China that dominated headlines all spring and forced U.S. companies to fear heavy tariffs on their imports is now on hold. But is it really?
Aisle Talk Week Of May 14
Top headlines from the active lifestyle industry you may have missed this week.
Kayak Maker Hemisphere Design Works Sets Course For Growth
Hemisphere Design Works is the result of a 2017 merger between KL Outdoor and GSC Technologies. The newly formed, 500-employee company is now ramping up production of a wide range of kayaks, pedal boats, human-powered fishing boats and paddling accessories under the Sun Dolphin, Evoke, Future Beach and Swiss Cargo brand names.
