Umarex USA Names New President
Richard Turner is a 10-year veteran of Umarex USA and since 2006 served as vice president of sales and marketing.
LaserMax Names New CFO
Daniel Maier has more than twenty years of experience in operations, finance and accounting roles.
Ergo Grip Names New COO
Dennis Milinazzo was most recently operations manager.
Victorinox Swiss Army Appoints President Of North America
Hilary Hartley was most recently vice president of Oakley North America.
Gander Mountain To Close 10 Texas Stores
Gander Mountain will close 10 stores in Texas as part of its announced closing of 32 stores in bankruptcy proceedings. Multiple stores will also close in Alabama, Georgia, Illinois and Minnesota.
Gander Mountain Lands In Bankruptcy Court
Said Gander Mountain in a statement. “Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand resulting from increased direct-to-customer sales by key vendors and accelerated growth of e-commerce.”
Gander Mountain Files For Chapter 11
Gander Mountain Co., as expected, filed for bankruptcy in U.S. Bankruptcy Court for the District of Minnesota. The hunt & fish specialist plans to close 32 of its approximately 160 stores in coming weeks but is in active discussions with a number of parties interested in a going-concern sale.
Aisle Talk, Week Of March 6
Top headlines from the active lifestyle industry you may have missed this week.
Bogs Q4 Revenues Continue To Feel 2015 Winter Hangover
Thomas Florsheim, Weyco Group’s CEO, said, “While retailers are currently much cleaner than last year at this time, our sense is that they will continue to take a conservative approach towards inventory levels given the inconsistency of the weather the past couple of winter seasons.”
Rocky Brands Appoints CFO
Rocky Brands Inc. announced that Thomas Robertson has been appointed chief financial officer of the company.
Dick’s Sporting Goods Opens Three New Stores
The new stores will bring the retailer’s total to 685 Dick’s Sporting Goods locations in the country.
Firearms Background Checks Slide Again
Federal background checks fell for the third month in a row in February. Background checks were down 14.5 percent to 2.23 million versus year-ago levels in the month. In January, checks were down 19.7 percent to 2.04 million. In December 2016, checks were down 16.4 percent to 2.77 million. The decline is being attributed to […]
Dick’s To Eliminate 20 Percent Of Its Vendor Mix
While reporting fourth-quarter earnings that arrived slightly ahead of targets, Dick’s Sporting Goods Inc. said it’s implementing a new merchandise and vendor matrix that will reduce up to 20 percent of its brands.
Dick’s Q4 Tops Guidance
Dick’s Sporting Goods Inc. reported first-quarter earnings on an adjusted basis grew 17 percent, ahead of Wall Street analysts, as same-store sales rose 5 percent. The nation’s largest sporting goods chain also forecast double-digit earnings gains in its initial forecast for 2017, although it’s targeting flattish first quarter profits.
5.11 Tactical Delivers Double-Digit Growth In Q4
Compass Diversified Holdings reported sales at 5.11 Tactical rose 19 percent in its fourth quarter while Liberty Safe’s fourth-quarter revenue rose 7 percent.
