EXEC: Big 5 CEO Looks for End of Weak Winter in Hopes of Spring Baseball Rebirth
The West Coast and Mountain state retailer continues to focus on managing the expenses within its control, considering the ongoing economic challenges, while it waits for the annual floor shift to spring sports and a hopeful lift from youth baseball season.
Camping World CEO Sees Green Shoots at End of RV Tunnel
Camping World reported combined new and used same-store unit sales grew for the second quarter in a row, with increased revenue, increased gross profit and improved adjusted EBITDA
Rocky Brands, Inc. Posts Flattish Q4 Growth After Shift in Distribution Model
Consolidated fourth quarter net sales increase 1.7 percent to $128.1 million, but grew 8.8 percent excluding certain non-recurring sales in Q4 2023 following the change to a distributor model in Canada and temporarily elevated commercial military footwear sales to a single customer.
Alterra Mountain Co. Names People Chief, President/COO for Experiences Unit
Headquartered in Denver, CO, the conglomerate of ski resorts, has hired Diane Neville as chief people officer (CPO) and Will Forbes as president and chief operating officer, Experiences Division.
Big 5 to Continue Closing Stores as Weak Q4 Sales Trends Drift into Q1
Same-store sales decreased 6.1 percent for the fourth quarter of fiscal 2024. For the fiscal 2025 first quarter, the company expects same-store sales to be down in the mid- to high-single-digit range compared to the fiscal 2024 first quarter.
EXEC: Salomon Sneaker Sales Exceed $1B in 2024; Winter Sports Equipment Falters
Salomon footwear and apparel now represent approximately two-thirds of the Outdoor Performance segment that also includes the Salomon, Atomic and Armada snow sports equipment brands, up significantly from the 54 percent share in 2022.
RVIA: Manufacturers Survey Finds Strong Double-Digit Towable Shipments in January
The RV Industry Association reported in its January 2025 Survey of Manufacturers that total RV shipments ended the month with 27,629 units, an increase of 21.9 percent compared to the 22,674 units shipped in January 2024.
EXEC: Arc’teryx Brand Surpasses $2 Billion Mark in 2024 as Sales Grow 36 Percent
Amer Sports CEO James Zheng told analysts and investors on the company’s Q4 conference call that strong growth at Arc’teryx came across all regions, channels, and categories — especially in footwear and women’s, which grew faster than the brand overall.
New Helly Hansen Parent Kontoor Brands Gets Nice DTC Lift to Post Solid Q4
The denim brand spin-off from VF Corporation, primarily comprised of the Wrangler and Lee brands, posted revenue of $699 million in the 2024 fourth quarter, a 4 percent increase in reported terms or a 5 percent on constant currency.
EXEC: Amer Sports Posts Strong DD Q4 Growth Across Big Three Brands
The company saw continued strong results in Greater China and Asia Pacific, accelerating growth in North America and EMEA. The Technical Apparel segment, including Arc’teryx and Peak Performance brands, led growth with a 34 percent year-over-year increase.
Callaway Takes $1.45B Non-Cash Charge Against Topgolf Goodwill and Certain Assets
Fourth quarter net revenue increased 3.0 percent year-over-year to $924.4 million, primarily driven by increases in Golf Equipment. On a GAAP basis, the loss from operations increased $1.43 billion due primarily to a non-cash $1.45 billion impairment of the Topgolf goodwill and intangible assets.
REI Co-op Names VP of Enterprise Systems
Vignesh Pratap was, most recently, at Nike, Inc., where he worked over three years as senior director of Engineering, Global Technology.
EXEC: REI Co-op Raises $230 Million Through Sale-Leaseback Deals for Four DCs
The chain specialty outdoor retailer has entered into a long-term sale-leaseback agreement with Madison Capital, a New York-based real estate investment firm, for its four Class A distribution center properties.
Former Nike and TNF Exec Nicole Otto Joins Ruggable as CEO
For nearly 17 years, Otto worked for Nike, Inc. ascending through the ranks to run Nike Direct for North America. She was with VF Corporation for over two years as global brand president of The North Face until June 2024.
EXEC: Stanley Container Maker PMI Sued Over Brand Name
Stanley Black & Decker is claiming confusion between its Stanley brand name and the Stanley drinkware brand produced by Pacific Market International, LLC, and is taking PMI to Court “to protect its Stanley tools brand.”
