SGB Executive Sportsmans
SGB Executive Q&A: Velocity Outdoor CEO Bob Beckwith
A new chapter is underway at Crosman Corp.—now known as Velocity Outdoor—the holding company of such well-known sportsman’s brands as Crosman, Benjamin, CenterPoint Archery, CenterPoint Optics, LaserMax and Game Face Airsoft. CEO Bob Beckwith spoke with SGB about the rebrand.
Asics Shows Steep Q2 Loss In Americas
Asics Corp. showed an operating loss of ¥1 billion ($8.98 mm) in the American region in the second quarter ended June 30 as sales tumbled 17.7 percent in period.
Tariffs Only Creating Indirect Headwind For Sturm Ruger
Although Sturm, Ruger & Company Inc. sources steel domestically, meaning the new tariffs on Chinese products aren’t directly impacting the gun manufacturer, the rising demand for U.S. steel is causing some indirect headwinds for the company.
Aisle Talk Week of July 30
Top headlines from the active lifestyle industry you may have missed this week, including Shimano releasing the company’s earnings for the first half of 2018.
Winchester’s Q2 Profits Sink On Rising Raw Material Costs
Winchester’s income before taxes declined 37.9 percent in the second quarter to $11.8 million compared to $19.0 million in the second quarter 2017, according to the gun maker’s parent, Olin Corp.
Weakness In Camping, Water Sports Sinks Big 5 Sporting Goods’ Q2
Poor weather around the country stymied the sales of camping and water sports products at Big 5 Sporting Goods Corp. stores in the back half of the second quarter, driving down income and revenue for the company during the period.
Shares of Rocky Brands Soar On Earnings Beat
Shares of Rocky Brands jumped $6.00, or 23.2 percent, to $31.85 after the boot maker delivered earnings that ran past Wall Street’s targets. Georgia Boot, Durango and Rocky Boot all delivered robust growth in the quarter at healthy margins.
Beyond Product: Industry Trends, Brand Stories Take Center Stage At OR
New product releases tend to garner most of the headlines at trade shows, but at Outdoor Retailer Summer Market, SGB’s editorial team also wanted to discover what’s happening with brands beyond the latest and greatest gear and apparel. Here are some of the stories and industry trends we found and hints of what’s to come.
Aisle Talk Week of July 23
Top headlines from the active lifestyle industry you may have missed this week, including the U.S. House of Representatives approving the Personal Health Investment Today (PHIT) Act, which allows the use of pre-tax savings accounts for physical activity-related expenses.
Experience Counts … Demo Day Kicks Off Outdoor Retailer Summer Market
Outdoor brands took to Denver’s Confluence and Commons parks Sunday afternoon to showcase some of their newest offerings for 2019 and give retailers a chance to paddle SUPs, pedal e-bikes and check out dozens of products from water bottles to energy bars to a stand-to-pee accessory for women.
Aisle Talk Week of July 16
Top headlines from the active lifestyle industry you may have missed this week, including Boa Technology Inc. opening the company’s new environmentally friendly headquarters in Denver, CO.
SFIA Webinar Stresses Urgency In Applying For Tariff Exclusions
On a webinar Wednesday, David Cohen, an international trade expert with Sandler, Travis & Rosenberg and Bill Sells, SVP government relations & public affairs at the SFIA, discussed the urgency for affected sporting goods companies to seek exclusions to avoid the latest round of tariffs on Chinese imports. The first deadline in the exclusion process is less than 10 days away.
Retail Report Roundup
Studies arrived last week on BTS selling arriving early, stores dominating BTS selling, Amazon Prime Day launching BTS season, U.S. retail CEOs who are bullish on growth, Nordstrom’s high emotional intelligence ranking, Amazon’s broadening influence and loyalty-program inhibitors.
Aisle Talk Week Of July 9
Top headlines from the active lifestyle industry you may have missed this week, including Fabletic’s big hires and ambitious plans to reach 100 stores.
Retail Reports Roundup
Studies arrived last week showing Nike and Patagonia ranking high for their reputations, Lululemon earning accolades for the company’s work environment, Amazon’s Prime Day driving BTS selling earlier, rising expectations for same-day delivery for holiday, retail-tech challenges for smaller retailers and more.
