SGB Executive Outdoor
Aisle Talk, Week Of June 26
Top headlines from the active lifestyle industry you may have missed this week.
Helly Hansen Upbeat About 2017 Following Strong 2016
Helly Hansen said all countries moved to profitability in 2016, including the USA for the first time.
Why Did Amazon Join SFIA’s Board?
Tom Cove, SFIA’s president and CEO, told SGB, “People in the industry and people at the brand level are figuring out the e-com channel, figuring out the Amazon-specific relations, and even figuring out their own e-commerce/direct-to-consumer initiatives while also looking to maintain relationships with traditional retailers. It’s all part of the mix.”
Aisle Talk, Week Of June 19
Top headlines from the active lifestyle industry you may have missed this week.
SFIA’s Bill Sells Recalls Alexandria Baseball Practice Shooting
“It’s a little early for fireworks.” That’s what Bill Sells, VP for government relations at SFIA, literally said at 7:15 a.m. last Wednesday after hearing the first “pop” from a gunmen’s rifle at a baseball practice session of Republican lawmakers preparing for the next day’s Congressional Baseball Game.
Will Amazon’s Acquisition Of Whole Foods Transform Retailing?
Amazon shocked the retail world Friday morning by announcing that it had reached a deal to acquire Whole Foods Markets. While the move is largely seen as a way for the online giant to quickly way to gain a foothold in the grocery category, can the active lifestyle space be far behind?
Aisle Talk, Week Of June 12
Top headlines from the active lifestyle industry you may have missed this week.
Lululemon Sees Online Growth Accelerating In Second Half
Speaking at the William Blair 2017 Growth Stock Conference in San Francisco, Stuart Haselden, Lululemon’s COO and CFO, said that due to quick payback from extensive investments, growth in its online business is expected to bounce back in the second quarter “and accelerate in the second half.”
Canada Goose Sees ‘Tremendous’ White Space For Growth
In Canada Goose’s first investor conference since going public in March, Dani Reiss, president and CEO, railed against many of the “fake brands” in the active space while asserting Canada Goose remains in the early stages of growth.
Aisle Talk, Week Of June 5
Top headlines from the active lifestyle industry you may have missed this week.
Vail Resorts Wraps Up Strong Winter Season
Vail Resorts Inc. closed out the winter season with strong third-quarter results as strong visitations to recently acquired Whistler Blackcomb as well as Park City helped offset the impact of weaker snowfall in Colorado.
Camping World Will Seek To Undercut Competition With New Gander Stores
Speaking at Stephens 2017 Spring Investment Conference, Marcus Lemonis, chairman and CEO of Camping World, said the company is not only planning to reduce the amount of firearms in the reborn Gander Mountain stores but also vowed to underprice any nearby competition.
Duluth Holdings Reports 21.9 Percent Sales Increase For Q1
Both its men’s and women’s business saw positive momentum led by new products such as Bullpen Underwear, Ballroom Khakis and the No-Yank Tank.
Canada Goose Q4 Benefits From DTC Expansion
DTC revenues nearly tripled in the quarter to Canadian$36.5 million (U.S.$27 mm) and drove an improvement of 950 basis points in gross margin.
Lululemon Q1 Boosted By Enlite Run Bra Launch
Shares of Lululemon climbed $5.62, or 11.6 percent, to $54.29 Friday in over-the-counter trading after the yoga-themed retailer reported the momentum regained in the first quarter continued through the second with the help of strong launches. Management raised its guidance for the full year.
