SGB Executive Outdoor
Aisle Talk, Week Of March 6
Top headlines from the active lifestyle industry you may have missed this week.
Dorel Sports Stung By Delays In Bike Purchases
Martin Schwartz, president and CEO of Dorel Industries, said, “Dorel Sports has worked throughout 2016 to position itself for an earnings rebound this year, excess industry inventories have been reduced and the ramp in discounting should not be repeated.”
Bogs Q4 Revenues Continue To Feel 2015 Winter Hangover
Thomas Florsheim, Weyco Group’s CEO, said, “While retailers are currently much cleaner than last year at this time, our sense is that they will continue to take a conservative approach towards inventory levels given the inconsistency of the weather the past couple of winter seasons.”
Black Diamond Returns To Core Focus For 2017
“The recurring take-away was retailers’ perception that Black Diamond had been distracted over the past four to five years by various strategic initiatives,” said John Walbrecht, president, about his discussions with retailers since joining the company five months ago.
Dick’s To Eliminate 20 Percent Of Its Vendor Mix
While reporting fourth-quarter earnings that arrived slightly ahead of targets, Dick’s Sporting Goods Inc. said it’s implementing a new merchandise and vendor matrix that will reduce up to 20 percent of its brands.
Fox Factory’s Q4 Races Past Expectations
The 16.6 percent revenue gain reflected a 27.5 percent and 7.8 percent increase in sales of powered vehicle products and bike products, respectively.
Aisle Talk, Week Of February 27
Top headlines from the active lifestyle industry you may have missed this week.
Backwoods Finds Buyer
Jennifer Mull, previous CEO of Backwoods Retail, Inc. has agreed to a consulting arrangement with the new company.
Crocs To Shutter A Quarter Of Its Locations
Gregg Ribatt will step down on June 1 and will be replaced by Andrew Rees, who joined Crocs two years ago as president. Ribatt will remain on the company’s board.
Big 5 Boosted By Competitor Exits
“We’re very encouraged that the profit and sales momentum has continued and actually accelerated into the first quarter of fiscal 2017,” CEO Steven Miller said on a conference call with analysts.
Aisle Talk, Week Of February 20
Top headlines from the active lifestyle industry you may have missed this week.
Sierra Trading To Open 15 Stores In 2017
The TJX Cos. plans to accelerate openings at Sierra Trading Post, with 15 stores to open in 2017, officials said Wednesday on the company’s fourth-quarter conference call.
Garmin Smashes Street Estimates In Q4
Showing Fitbit’s growth challenges are far from applying to them, Garmin reported fourth-quarter results that easily topped Wall Street’s targets.
Wolverine Q4 Reaches High End Of Guidance
While Merrell showed a decline of 7 percent and the Wolverine brand was down due to a repositioning, most of Wolverine Worldwide’s key brands showed moderate to strong growth.
Who Will Land Outdoor Retailer?
Montana and Oregon joined Colorado in expressing their interest in the lucrative contract.
