SGB Outdoor

Thor Industries Increases Quarterly Dividend

Thor Industries, Inc. reported that its Board of Directors approved an increase in the amount of its regular quarterly dividend to 48 cents per share from 45 cents, an increase of approximately 7 percent.

NRF: Import Volumes Slowing Heading Into Holiday Selling

Import cargo volume at the major container ports in the U.S. has hit its expected peak for the year and should gradually slow moving into the holiday season, according to the Global Port Tracker report released by the National Retail Federation(NRF) and Hackett Associates. Ports have not reported September numbers, but Global Port Tracker projected the month at 1.94 million TEU, down 4.3 percent year-over-year. October is also forecasted at 1.94 million TEU, down 3.1 percent year-over-year.

Birkenstock Holding Makes Debut on Wall Street Today

Birkenstock Holding is set to list its U.S. initial public offering at $46 a share, slightly below the midpoint of its projected range between $44 and $49. The stock is set to begin trading Wednesday morning at the open of the New York Stock Exchange under the symbol BIRK.

EXEC: Report Sees Crocs, Hoka, New Balance, and On Increasing Teen Appeal

Crocs, Hoka, New Balance, and On were among the brands in the active lifestyle space that increased their appeal with teens in Piper Sandler’s 46th Semi-Annual Taking Stock With Teens Survey. Nike dominated teen mindshare in footwear and apparel but lost brand appeal in the performance category, while Adidas, Converse, Under Armour, and Vans ost ground with teens. Lululemon had a mixed performance.

Gatorz Eyewear Hires New Head of Marketing

The performance eyewear manufacturer, appointed industry veteran Scott Sorensen as head of marketing, overseeing consumer and product marketing strategies, strengthening the brand’s positioning and executing growth initiatives.

Clarus Acquires Tred Outdoors

Clarus Corporation reported acquiring Tred Outdoors Pty Ltd., the Australia-based outdoor and recovery gear manufacturer, from Venlo Holdings. Terms were not disclosed.

Rupert Campbell Leaving Adidas North America

The president of Adidas North America will step down to pursue other opportunities, effective October 27. Executive board member Arthur Hoeld, who leads global sales, will oversee the region until a successor is found.

OIA Elects New Board Members

Outdoor Industry Association (OIA) members elected four new and three incumbent members to its Board. New members include Diana Seung, Troy Sicotte, Jahmicah Dawes, and Keith Carrato. Three returning members include Jennifer McLaren, Kevin Winkel and Alison Hill.