SGB Outdoor

Wolverine Worldwide Completes Portfolio Management Initiatives

Wolverine World Wide Inc. announced the completion of its comprehensive portfolio management initiatives that were executed and expected to be completed during fiscal 2017, including the closures of underperforming stores, sale of the Sebago brand and licensing of the Stride Rite brand.

Spy To Host Customer Of The Future Summit Meeting

Spy, in conjunction with Instinct Laboratory, is bringing together brands, retailers and marketing specialists in the Southern California action and outdoor sports industries for a workshop to brainstorm ways to engage with the modern consumer.

Newell’s Play Segment Shows Modest Q3 Growth

Newell Brands Inc. reported that its Play segment, formerly K2’s Outdoor Solutions segment, generated net sales of $611 million in the third quarter, a 2.4 percent increase compared with $597 million in the prior year. Core sales grew 2.3 percent, reflecting growth in all three businesses with strong increases in Team Sports and Fishing.

Dorel Sports Revenues Tumble In Q3

Dorel Industries Inc. reported third-quarter sales in its Dorel Sports segment decreased $45.2 million, or 18 percent, to $205.5 million from $250.7 million last year.

Arc’teryx To Open Ski Academy In Grand Tetons

Arc’teryx has expanded its collection of educational mountain-skills symposiums to include the new Arc’teryx Backcountry Ski & Snowboard Academy, scheduled to be held February 9- 11, 2018 in Jackson Hole, WY.

Garmin Q3 Boosted By Strong Outdoor Sales

Garmin’s Outdoor segment rose 31.2 percent, led by demand for its fēnix 5 watches as well as solid growth in its inReach devices and subscription services. The Fitness segment decline 11.6 percent, primarily driven by the decline of the basic activity tracker market and the timing of recent product introductions.

Big 5 Gaining Market Share Out West

Shares of Big 5 Sporting Goods jumped on Wednesday after the West Coast-based chain indicated it’s holding onto market share gained from the exit of older competitors (Sports Authority, Sports Chalet) while faring well against a newer competitor (Dick’s).