Kimber Welcomes Sports South to Bolster Sales Distribution
Kimber Mfg., Inc., headquartered in Troy, AL, designs and manufactures firearms for individual, sporting, law enforcement, and military markets.
Lands’ End Narrows Q2 Loss as Margins Improve Despite Sales Decline
The company reported that Gross Merchandise Value increased in the mid-single digits year-over-year for the quarter . Net revenue decreased to $317.2 million in Q2, compared to $323.3 million in fiscal Q2 2023.
EXEC: Dick’s SG Tempers Outlook for H2 on Concerns Over Consumer
The largest sporting goods retailer in the country, which just posted 4.9 percent comp growth in the first half of the year, also has concerns about the consumer. As many others have noted in their earnings calls, DKS is clearly seeing something at the store level.
Staccato Hires Two Leaders in Marketing and Business Development
Staccato the manufacturer of the Staccato 2011 Pistol announced that Jessie Harrison and KC Eusebio joined the company as training director and brand specialist and director of special projects and business development, respectively.
Yamaha U.S. Marine Business Unit Names National Sales and Marketing Manager for G3 Boats
Bryan Seti has been named the new national sales and marketing manager for G3 Boats. Heee will continue as GM of Yamaha’s WaterCraft Division.
EXEC: Sportsman’s Warehouse Lowers Outlook as Q2 Hurt by Tight Inventories
Company CEO Paul Stone said they ran inventory too low in the first half of the year and did not invest in the right amount of inventory, particularly in core products and did not invest in the right amount of inventory, particularly in core products.
C&H Precision Appoints New Marketing Director
In addition to being a Marine Corps veteran, Travis Tipps, gained valuable insights and knowledge working in various roles in the firearms, ammunition and tactical gear industries, including for Daniel Defense, Strategic Armory Corps, Norma and Blue Force Gear
SAR Firearms Appoints Chief Executive Officer
New CEO Tony Sarsilmaz reportedly joins SAR Firearms with over 20 years of leadership, business development, marketing, and growth experience in organizations ranging from startups to large-scale corporations, including over 20 years of service in the U.S. Army.
Dick’s Sporting Goods Lifts Full-Year Guidance After Strong Q2 Results
Comparable store sales growth came in at 4.5 percent y/y, on top of the 2.0 percent y/y comp store sales growth in the year-ago Q2 period. Six-month year-to-date comps were up 4.9 percent y/y through August 3.
Report: Textile Mills Lead List of Declining Manufacturing Operations in August
The U.S. manufacturing sector’s economic activity contracted in August for the fifth consecutive month and the 21st time in the last 22 months as demand continued to be weak, output declined and inputs stayed accommodative.
AAFES to Offer Outdoor Gear from Bass Pro Shops on Exchange Website
Bass Pro Shops signed an agreement with the Army & Air Force Exchange Service and the DOD’s largest retailer to bring a selection of Bass Pro fishing, hunting and camping gear as well as apparel to the military’s ShopMyExchange.com.
Under Armour Divests MapMyFitness to Outside Interactive, Inc.
The fitness tracking app business re-joins one of its Co-founders, Robin Thurston, the CEO of Outside Interactive, Inc.
Barclays Names New Global Head of Retail within Investment Banking
Cathy Leonhardt has been appointed global head of Retail within Investment Banking. She is based in New York, reporting to Lowell Strug, global head of the Consumer and Retail Grou
EXEC: Top Bidders Named in Asset Auction for Salt Life, Soffe and DTG2Go Brands
Salt Life, the marine apparel brand acquired by Delta Apparel in August 2013, was expected to have the biggest ticket after Delta indicated that it planned to sell certain Salt Life brand assets, but the final bid came in over one-third higher than expected.
Academy Sports + Outdoors Opening Nine Stores This Fall
Academy has opened three of the new stores this year and plans to open 15-to-17 more in fiscal year 2024.
