Dakine Continues Partnership with Alterra Mountain Company
Dakine reported continuing its partnership with Alterra Mountain Company as the official pack and bag sponsor for the 2023/24 winter season, in addition to supporting events, programs, staff products, and uniforms for the bike parks.
SGB Media Thanksgiving Schedule
In observance of the Thanksgiving holiday, SGB Media is taking time to be with family and will not publish the SGB Evening Update on November 22 or the SGB Morning and SGB Evening Updates on November 23, or November 24. Publishing will resume on November 27, 2023.
Outdoor Research Appoints VP of Operations
Outdoor Research recently promoted long-time employee Geoff Potter to vice president of operations, who has worked in planning and operations for nearly 12 years.
EXEC: Kohl’s Shares Fall on Choppy Q3 Results, Sharp E-Commerce Decline
The retailer had a solid back-to-school season, and through the first eight weeks, sales were tracking above expectations, but warmer weather during the latter part of September and into October had a clear impact on demand for fall seasonal goods, especially in store.
Wolverine Licenses Wolverine Brand Sock Business to Renfro Brands
Wolverine Worldwide’ licensed the Wolverine brand sock business exclusively to Renfro Brands.
EXEC: Dick’s SG Beats Q3 Expectations, Bullish on Holiday Selling
Boosted by a “very strong” back-to-school selling season, Dick’s Sporting Goods posted above-plan third-quarter results, lifting its guidance for the year. Lauren Hobart, president and CEO, told analysts, “We are pleased with how our consumer is holding up within the sporting goods industry and then particularly that they’re choosing Dick’s increasingly to meet their needs.”
Norrøna Adds New Rep to cover Southwest U.S.
Norrøna hired Meagan Millar as a new sales rep covering the Southwest U.S. Millar brings over 20 years of experience in the outdoor industry.
Thermowave adds Olympic skier Katia Griffiths to Athlete Team
European outdoor performance apparel company expands ambassador program
Dynastar celebrates 60th Anniversary
As Dynastar celebrates its 60th anniversary in 2023, its new for FW 2023/24, Hybrid Core 2.0 ski construction, is touted as part of its sustainability journey.
DPS Skis Partners with Kohla
The U.S.-based ski manufacturer DPS Skis reported partnering with Kohla, the Austrian brand specializing in mountain sports equipment, to be its exclusive North American distributor of climbing skins and accessories and backpacks effective November 2023.
Deloitte Sees 13 Percent Hike In Spending Over Thanksgiving Weekend
Spending during the Thanksgiving week period is expected to be up 13 percent from last year, with shoppers expected to spend an average of $567 during the Black Friday-Cyber Monday (BFCM) shopping events, according to Deloitte’s 2023 Black Friday Cyber Monday Survey.
Equip Outdoor Technologies Sets CEO Transition Plan
Equip Outdoor Technologies UK Ltd. (Equip), the parent company of Rab and Lowe Alpine, announced that its owner and CEO, Matt Gowar, is stepping down—an executive recruitment plan to find his successor is underway.
Kohl’s Sees Q3 Comps Down 5.5 Percent; Narrows Full-Year Guidance
Kohl’s reported fiscal third quarter net sales decreased 5.2 percent year-over-year, to $3.8 billion, with comparable sales down 5.5 percent. In other news, Dave Alves, who joined the retailer as president and COO in late February, has left the company.
Dick’s SG Lifts Guidance as Q3 Results Fly Past Expectations
Dick’s Sporting Goods raised its outlook for the year after reporting sales and earnings easily topped analyst targets with the help of healthy back-to-school selling. Same-store sales in the quarter improved 1.7 percent with gains in transaction and average ticket prices.
Lycra Names CEO
The Lycra Company announced today that Gary Smith has been appointed chief executive officer, effective November 27. He formerly led Hatteras Yachts and Polartec.
