Taurus announced it hired Caleb Giddings as marketing manager for the manufacturer of handguns for defense, hunting and sport shooting.
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Arc’Teryx Hybrid Retail Store And ReBird Service Center Opens In Boulder
The Arc’teryx hybrid retail brand store and ReBird Service Center opened in Boulder, CO on Pearl Street on September 17. This is the second U.S. and third global ReBird Service Center for company. A hub for Arc’teryx’s ReBird program of upcycling, resale, care and repair, is the Service Center offers customers a suite of circular […]
EXEC: Nike Downgraded By Barclays Over Inventory Glut Concerns
Barclays lowered its rating on Nike to “Equal-Weight” from “Overweight” due to concerns over inventory risks, a recovery in China and continued North American demand.
EXEC: Outdoor Participation Holding Onto Pandemic-Influenced Gains
Outdoor participation has proven sticky as participation grew in 2021, according to the Outdoor Foundation’s recently released 2022 Outdoor Participation Trends Report, which showed that outdoor participants increased by 6.9 percent since the pandemic began in early 2020, with the number of new and returning (lapsed) outdoor participants up 26 percent.
Smith Adds Global VP Of Sales
Smith, the manufacturer of snow goggles and helmets, promoted Rob Retzlaff to global vice president of sales.
BTI Adds Outside Reps To Cover U.S.
Bicycle Technologies International (BTI) hired five additional reps to expand its coverage in the U.S.
Play It Again Sports Enters Resale Partnership With Rawlings And Easton
Winmark Corporporation’s Play It Again Sports retail chain entered into a partnership with Rawlings Sporting Goods, Inc., the baseball and softball gear makers, and Easton bats, as the Official Resale Partner of Rawlings and Easton.
Outdoor Participation Grows To Record Levels
According to Outdoor Foundation’s 2022 Outdoor Participation Trends Report more than half (54 percent) of Americans ages six and over participated in at least one outdoor activity in 2021, and the outdoor recreation participant base grew 2.2 percent during 2021 to 164.2 million participants. However, this growing number of outdoor enthusiasts did not fundamentally alter long-term declines in high frequency or “core” outdoor participation.
Royal Robbins Partners with the Green Business Bureau to Accelerate Sustainability Practices at Brand Retail Stores
SAN FRANCISCO (September 20, 2022) – Rooted in sustainability since its inception in 1968, Royal Robbins furthers its commitment to environmental stewardship by partnering with the Green Business Bureau (GBB) for its brand retail stores in Denver, Seattle, Modesto and Berkeley, California. This new partnership with GBB ensures that Royal Robbins four retail stores are […]
The North Face Makes Executive Appointments
The North Face hired Sophie Bambuck as chief marketing officer and Jennifer Ingraffea as chief product and merchandising officer.
Winchester Parent Lowers Third-Quarter Guidance
Olin Corporation, Winchester’s parent company, said it now expects third-quarter 2022 adjusted EBITDA to be in the range of $530 million to $550 million, down from an estimated $620 million due to the weakening global economy.
EXEC: Adidas Downgraded By Cowen On Growth Concerns, Yeezy Risk
Cowen downgraded its rating on Adidas to “Market Perform” from “Outperform” due to signs of lower digital traffic and lower Average Unit Retail Prices for the brand, as well as the risk of the end of its Kayne West partnership.
Lands’ End Announces CEO Succession Plan
Lands’ End, Inc. announced that Andrew McLean, president, International, at American Eagle Outfitters, would join Lands’ End as CEO-designate and as a member of its Board on November 1, 2022.
Lids Opens Flagship In Las Vegas
Lids opened a flagship store on the Las Vegas Strip. The two-story building is the retailer’s largest concept store at 12,000 square feet.
EXEC: Clarus Doesn’t See “Super Fans” Trading Down
Speaking at the Raymond James Consumer Conference, John Walbrecht, president at Clarus Corp., said he doesn’t expect the company’s portfolio of premium brands, such as Black Diamond Equipment and Sierra Bullets, to be significantly impacted by inflationary pressures because of “super-fan” enthusiasts’ affinity to their sport and their favorite brands.
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