Report: The 2023/24 Snow Sports Season Ranked as Fifth Best Historically
The Rocky Mountain region remains the most visited, reporting 26.7 million skier visits, followed by the Northeast at 12.4 million and the Pacific Southwest at 8.0 million. The Midwest was the No.4 region, tallying 4.8 million visits despite reporting the largest decrease (-26.7 percent) compared to the prior season.
EXEC: Dick’s SG Leadership Details Q1 Comps, House of Sport, 50K Stores, Q2 View
First-quarter comps were reportedly driven by a 2.7 percent increase in transactions and a 2.6 percent increase in average ticket with strength across footwear, athletic apparel and hardlines. DKS will begin to anniversary the higher shrink rates from 2023 in the second quarter.
Innovative Eyewear, Inc. to Launch Eddie Bauer Smart Eyewear with ChatGPT
The Eddie Bauer Smart Eyewear collection will debut with four polarized sunglass styles, showcasing a rimless smart eyewear design and includes voice access to ChatGPT.
Sierra Celebrates 100th Store Opening
The 20,000-square-foot storem part of TJX Companies, Inc., will open on May 31 in Deertrace Kohler shopping center in Sheboygan, WI.
Wolverine and Rawlings Launch “Grand Slam” Limited-Edition 1000 Mile Boot
Inspired by baseball, the lace-up Grand Slam reimagines Wolverine’s 1000 Mile Boot with a twist.
Dick’s Sporting Goods Ups Full Year Outlook on Solid Q1 Results
The retailer saw mid-single-digit comparable stores sales growth in the first quarter ended May 4, but hurt by a much higher effective tax rate for the quarter that cut into any bottom-line benefits.
Alterra Names New Presidents for Steamboat and Mammoth Mountain Resorts
Alterra Mountain Company appointed Dave Hunter as president and COO of Steamboat in Colorado and Eric Clark as president and COO of Mammoth Mountain in California, who will also oversee operations at nearby June Mountain.
Vista Outdoor Sees Enhanced Ammo Business Bid from CSG; Again Rejects MNC Interest
An amended agreement with CSG, among other things, increases the base purchase price payable by CSG for the acquisition of The Kinetic Group business from $1.91 billion to $1.96 billion and increases the cash consideration payable to Vista Outdoor stockholders by $3.10 per share.
Section 301 Tariff News is Not Good for the Bike Business
PeopleForBikes said all May 31, 2024 exclusions are briefly extended to June 14, as a “transition period.” Exclusions for bicycle trailers and some bicycle helmets are extended to June 1, 2025.
EXEC: The Nidecker Group Acquires Iconic Skate Brands from Sole Technology
The Nidecker Group, the Swiss-based snowboard company, has reportedly inked an agreement with Sole Technology to acquire its legendary portfolio of skate brands, including Etnies, éS, Emerica, and ThirtyTwo.
Hobie Appoints News Sales and Marketing Leadership to Drive Brand
The company promoted Joel McBride to VP of sales and hired James McBeath as director of marketing. They bring over 70 years of combined experience in adventure sports to Hobie.
The Buckle Reports First Quarter Net Income
The Buckle is best known as a denim retailer, carrying leading brands in the category, including the company’s own brand, BKE. Net income for the fiscal quarter ended May 4, 2024 was $34.8 million, or $0.70 per share, or$0.69 per share on a diluted basis.
Ross Stores First Quarter Sales In Line with Guidance Despite Macroeconomic Headwinds
Earnings results for the period were better-than-expected primarily due to lower expenses relative to our plan.”
Deckers Brands Sees Sees Slower Growth Trend in Year Ahead
The parent of the Hoka, Ugg, Teva, Sanuk brands expects fiscal 2025 sales to grow 10 percent, compared to the 21 percent growth achieved in fiscal 2024 and a 19 percent compounded annual growth rate over the past four years.
IKamper Hires New Product Manager Ahead of S/S Product Launches
Previously at SOG, Chris Cashbaugh brings over 20 years of experience in the outdoor industry to the role.
