Study: Retailers See Online Sales Boosted by Store Openings
ICSC quantified the impact of opening or closing physical stores on online sales and retailers’ overall performance. Its latest study, the third installment in ICSC’s research on the halo effect of brick-and-mortar retail on online sales, is said to again prove the power of physical retail by demonstrating that a new store boosts online sales, while a closed store impedes them.
Vista Outdoor, Sport Dimension Renew Jimmy Styks License
Vista Outdoor, Inc. and water sports products manufacturer Sport Dimension, Inc. announced the renewal of their Jimmy Styks LLC brand license covering stand-up paddle boards, inflatable stand-up paddle boards, kayaks, and water mats.
Oberalp Group Hires New Sales and Marketing Director
The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country, and Evolv, hired Loren Morshead as sales and marketing director for North America for the five brands in the U.S. and Canada.
Dick’s SG to Open House of Sport Stores in Florida and Delaware
Dick’s Sporting Goods reported plans to open House of Sport stores at Tampa International Plaza, its first in Florida, and another at Brandywine Town Center, its first in Delaware.
Timberland Appoints Global Brand President
Timberland appointed Nina Flood as global brand president. She had been interim Timberland president following Susie Mulder’s exit on November 8.
Report: Large Deals Driving Recent Outdoor Recreation M&A Activity
Consumer behavior has continued to perplex market participants as each pullback in spending has seemingly been followed by a resurgence of demand in the Outdoor Recreation market. That observation is one of the key points from the most recent Outdoor Recreation Market Update from Capstone Partners.
Gregory, High Sierra Parent Company Sees Debt Ratings Upgrade
S&P Global Ratings raised the debt ratings outlook of Samsonite International S.A., the parent of Gregory and High Sierra, as the company reported strong operating performance in the third quarter ended September due to both revenue growth and ongoing operational efficiency trends, which enabled it to accelerate its deleveraging.
KOA Appoints VP of Franchise Services
Kampgrounds of America, Inc. (KOA) promoted Aaron Williamson to vice president of franchise services, highlighting his successful tenure in campground management and franchise operations.
Continental Tires Americas Hires Head of Bicycle
Continental Tires the Americas, LLC, based in Fort Mill, SC, said Shane Messner joined the company as head of Bicycle the Americas timed with the company’s recently announcing it is ramping up its presence in the U.S. and Canada with QBP as a new distribution partner.
Seirus Adds Indie Sales Agency for Colorado Territory
Seirus added Brooke Turner Webster and her agency to its independent sales rep team. As principal and managing partner of Turner LTD, Turner will oversee sales in Colorado, a key territory for the company.
Z-Man Adds and Upgrades Fishing Tackle Talent to Team
Six-year Z-Man veteran and previous sales manager Ryan Harder was promoted this past summer to brand manager. Brandon McKellar recently joined the company at its home office in Ladson, SC to backfill Harder’s former role.
Vista Outdoor Gets Antitrust Nod for Ammo Business Sale
Vista Outdoor, Inc. reported that the deal to merge its sporting products business with Czechoslovak Group a.s. has cleared the antitrust clearance period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
EXEC: Giant Group Revenues Decline 28 Percent in November
Still, the Taiwan-based bicycle manufacturing group reported good news—the November sales trend was a sequential improvement from October when the company posted a 34.4 percent revenue decline.
Jack Wolfskin CEO Makes Move to Travel Lifestyle Brand
Richard Collier tipped his hand last week when he announced on LinkedIn he would be the new CEO of luggage, travel gear and lifestyle brand Db, starting in January 2024.
Vasque Expands Product Team with Development Lead
Vasque Footwear expanded its product department hiring Austyn Dunham to lead footwear development. She is responsible for design intent, managing the construction phase and collaborating with suppliers and manufacturers through product fruition.
