EXEC: Inside the Six-Year Growth Plan for Osprey, Hydro Flask Parent
At its Investor Day on Tuesday, Helen of Troy, the parent of Hydro Flask and Osprey, outlined an “Elevate for Growth” platform designed to annually expand sales between 3 percent and 4 percent and EPS by 10 percent or greater over the next six years.
Explosion at Hornady Plant Kills One Employee, Injures Two
Hornady Manufacturing Company, the U.S. maker of ammunition cartridges, components and handloading equipment headquartered in Grand Island, NE, reported that an employee died in an explosion on October 13. Following an investigation, the cause was accidental.
Academy Sports to Open in Jefferson City
Academy Sports + Outdoors opened a store in Jefferson City, its eleventh location in Missouri, at 739 Stoneridge Parkway.
EXEC: Vista Outdoor Cuts Fiscal Year Outlook After Q2 Weakness
Along with the sale of its Sporting Products business to Czechoslovak Group. (CSG), Vista Outdoor announced that it was slashing its full-year guidance, largely due to weakness at its Outdoor Products segment.
SFIA Launches Super Regionals Series
The Sports & Fitness Industry Association is launching a Super Regional Series in November, offering members, partners and industry leaders the opportunity to come together to discuss business insights and topics driving today’s sporting goods and fitness environment.
EXEC: Vista Outdoor to Sell Ammo Business to Czechoslovak Group
Vista Outdoor announced that it planned to sell its Sporting Products business to Czechoslovak Group. (CSG) for $1.91 billion, shifting from a planned spinoff of its Outdoor Products segment. Gary McArthur, interim CEO, said, “We believe this creates meaningful value for stockholders, and sets up both Sporting Products and Outdoor Products for long-term success.”
Under Armour Hires Gap Inc. Vet as Chief Supply Chain Officer
The company hired retail industry veteran Shawn Curran as chief supply chain officer, reporting to President and CEO Stephanie Linnartz. After three decades working at Gap, Inc., Curran will join Under Armour on October 16.
Sorel to Open Pop-Up in Brooklyn
The 900-square-foot space is opening from October 13 to 22 in the Williamsburg section of Brooklyn, NY and will be Sorel’s signature orange color.
Meindl USA Introduces EuroLight Hunter Boot Collection
Meindl USA, the provider of Meindl’s handcrafted footwear in North America, introduced the EuroLight Hunter collection of men’s and women’s boots for various outdoor pursuits. “Our mission with the EuroLight Hunter line was to design a lightweight boot that is comfortable and reliable enough for customers to use for any style of hunt or outdoor […]
KUIU To Open Dallas Store for Direct-to-Consumer Brand
The company said that based on the active consumer base in Dallas, it’s the ideal location for a brick-and-mortar store. KUIU said being DTC-focused provides the company with data and insights on its customers.
Camp365 T Model Truck Bed Camper To Hit EV-Truck Market in 2024
Camp365, the fold-out cabin camper manufacturer, announced its Camp365 T Model, its latest platform in the pickup-camper category, is scheduled to begin production in early summer 2024. Made in the USA and designed to meet the needs of electric vehicle owners looking for a truck bed option that has minimal impact on range, the T […]
Rocky 5 Watt Radio Sets New Standard for Backcountry Communications
Rocky Talkie, an outdoor communication device provider, launched its 5 Watt Radio, designed and tested in the Colorado Rockies for backcountry travel and the General Mobile Radio Service (GMRS) market. Rocky Talkie’s 5 Watt Radio builds on the most popular features of the company’s Mountain Radio for battery life, durability and intuitive operation but with […]
Consumer Prices Rose More Than Forecast in September; Apparel CPI Declines
One bright spot for consumers was in the month-over-month CPI for Apparel, which declined 0.8 percent from August, most likely owing to the de-stocking and promotional environment at retail.
Solo Stove To Have Float In Macy’s Thanksgiving Day Parade
Solo Stove, the home and outdoor lifestyle brand in Solo Brands portfolio, partnered with Macy’s to participate in the 97th Macy’s Thanksgiving Day Parade on November 23, with its “Igniting Memories” float depicting an outdoor campfire scene. The float scene features the Solo Stove Bonfire smokeless fire pit and creates an image of hanging around […]
Capstone Precision Group Appoints U.S. Marketing Manager
Capstone Precision Group, the maker of Berger Bullets and Ammunition, appointed Kenneth Lin as marketing manager for U.S. operations.
