Whenever a sport’s governing body announces new equipment standards – whether they’re merely suggestions or mandated because of safety concerns – it can have a major impact on the production process and sales cycle for that gear. It can even alter participation trends in that sport for years to come.
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Sportsman’s Warehouse Hitting the Mark With Firearms Sales
Although Sportsman Warehouse Holdings Inc.’s fourth quarter’s net income was “impacted by an elevated promotional backdrop and a tax-reform-driven investment in our associates,” the company is poised to gain market share in firearms as its competitors scale back in that category, CEO Jon Barker told analysts Wednesday.
E-Commerce Bolsters Lululemon’s Q4 Earnings Surge
The Lululemon Athletica Inc. executives who handled the company’s first earnings call following last month’s resignation of CEO Laurent Potdevin didn’t focus on the leadership flux but instead on the chief drivers – e-commerce and site traffic conversion – that helped fuel a stellar fourth quarter.
Silver Lining in Continued Shift From Core to Casual Participation
Activity level trends saw a continued shift from core participation to casual participation across many sports last year, according SFIA’s 2017 Sports, Fitness and Leisure Activities Topline Report. On the surface, that is concerning, but there is a silver lining.
Remington’s Bankruptcy Latest Trouble For Firearms Industry
The firearms industry suffered another blow Sunday when, as expected, Remington Outdoor Co. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware.
Boardriders CEO: Billabong Won’t Get Another Deal This Good
Two Billabong shareholders are opposed to the $200 million, or $1 per share, acquisition offer from Boardriders, which has jeopardized the potential blockbuster deal and sparked sharp words from Boardriders CEO David Tanner.
Outdoor, Footwear, Fashion & Retail Industries Vocalize Opposition to Tariffs
It’s not China that will be punished for stealing American intellectual property but instead U.S. companies and consumers that will feel the effects of President Trump’s move to impose $50 billion in retaliatory tariffs on Chinese imports. That was the message Thursday from numerous trade associations that represent industries whose products might be affected by Thursday’s decision to move forward with the new tariffs.
Omnichannel Focus Fueling Duluth’s 2018 Ambitions
Bolstered by double-digit revenue growth in both the fourth quarter and fiscal year, Duluth Holdings Inc., parent of Duluth Trading Co., is doubling down on its omnichannel strategy of building its brick-and-mortar presence while also beefing up e-commerce capabilities.
FDRA President Discusses Impact Of Proposed Higher Tariffs
SGB Executive talked to FDRA President Matt Priest about the impact the Trump Administration’s proposed higher tariffs will have on companies and consumers.
Pro Compression Signs Elite Runner Stephanie Bruce
Pro Compression, the compression sock manufacturer, announced that professional runner, Stephanie Bruce, will join the team as a brand ambassador.
Scott Sports Moves to Dedicated Reps in North America
Scott Sports, the Swiss company that just bought Italian boot maker Garmont, has moved from using independent reps to its own, dedicated 22-person sales force in North America in anticipation of increased sales of outdoor and winter products…