West Marine Logs Q1 Loss
West Marine Inc. reported first quarter 2017 net revenues were $129.1 million, a decrease of 1.0 percent compared to the same period last year. Comparable store sales were flat.
Academy Can’t Sidestep Industry Pressures
Unable to shrug off the many challenges facing the sporting goods channel, Academy Sports + Outdoors’ same-store sales slid in the low-single-digit range and management-adjusted EBITDA dropped 23 percent in 2016.
Report: Sportsman’s Warehouse Steps Up As Bidder For Gander Mountain
Sportsman’s Warehouse is planning to make a bid in bankruptcy court to acquire up to 80 percent of Gander Mountain’s stores, sources told Bloomberg.
L.L.Bean To Open In Park City
The store will mark L.LBean’s first in Utah and its westernmost location.
Aisle Talk, Week Of April 17
Top headlines from the active lifestyle industry you may have missed this week.
Rocky Brands Sees Profits Rebound
Said Mike Brooks, chairman and CEO, on a conference call with analysts, “While the retail environment remains challenging, many of our accounts started the year with improved inventory positions, which have created better at-once opportunities for certain of our product lines.”
Canada Goose To Open Store In Chicago
Canada Goose is planning to open a two-level store in the Park Hyatt hotel in Chicago, according to the Chicago Tribune.
Rocky Brands Q1 Profits Rebound
Rocky Brands Inc. reported a surge in earnings in the first quarter as sales rose 9.6 percent to $57.5 million.
Bass Pro, Cabela’s Recast Deal To Appease Regulators
Shares of Cabela’s Inc. shot up $3.84, or 7.2 percent, to $57.53 Tuesday after it announced a two-step deal that eases one step in securing regulatory clearance for its mega-merger with Bass Pro.
Leatherman Launches Tool Tales Campaign
The manufacturer of multi-tools is showcasing real-life moments from fans depicting how Leatherman tools have helped them save the day in harrowing to hilarious ways.
Bass Pro Lowers Bid For Cabela’s
Cabela’s announced that it has amended the terms of the definitive merger agreement signed on October 3, 2016, under which Bass Pro Shops will acquire Cabela’s.
Guidefitter Selects Gray Loon Marketing
Gray Loon’s foundation is built on digital marketing, and will work with Guidefitter to develop a fresh approach, implementing public relations strategies to provide news in an ever-changing, interactive landscape.
Scout Boats Expands South Carolina Operations
The company is also adding multiple new boat models to its product catalog and bringing $10.9 million of capital investment.
Is Casual Participation Growth More Important Than Core Growth?
Among the sports seeing healthier gains in core versus casual participants were a number of fitness-oriented activities, including yoga, cross training, bodyweight exercise & bodyweight accessory-assisted training, weight/resistance machines, treadmill and kettlebells. Others seeing higher growth in core versus casual participation included adventure racing, field hockey, volleyball (grass), target shooting (rifle) and mixed martial arts for competition.
Aisle Talk, Week Of April 10
Top headlines from the active lifestyle industry you may have missed this week.
