Report: September Mall Traffic Was Tough but Promotions Drove Some Big Gains
Placer.ai reported that the year-over-year visit gap to indoor malls and open-air shopping centers widened, following the negative foot traffic trends in the wider retail sector. The company said outlet malls continued to lag behind the other formats in year-over-year visits.
Black Diamond Parent Retains Advisor to Assess Ammo Biz Acquisition Offers
The move comes in response to the previously disclosed non-binding indication of interest received from Warren B. Kanders, the company’s executive chairman, to acquire the company’s Precision Sport segment.
Vista’s Outdoor Products Spin-Off Will Debut as Revelyst, Inc.
The company will trade on the New York Stock Exchange under the ticker symbol “GEAR” once the separation from the Sporting Products segment is complete.
Chattanooga Shooting Supplies Welcomes New National Sales Rep
The company said Justin Payne has a history of working closely with dealers in a variety of outdoor sports markets and has a consistent track record of achieving revenue targets.
NSSF: U.S. Exports of Key Shooting Sports Categories Fell in May
Monthly U.S. export units for several sporting arms, ammunition, and optics categories fell sharply year-over-year in May 2023 while the Suppressors and Other Cartridges categories saw strong increases for the month.
Suunto Unveils Plans for U.S. Direct Distribution
Suunto has implemented a new system to directly distribute its products to U.S. retailers, one of the Finnish company’s key initiatives in expanding its business in North America.
EXEC: Hydro Flask and Osprey on Divergent Paths in Fiscal Q2
Osprey reportedly surpassed expectations for the third straight quarter with help from improving travel demand, but Hydro Flask continued to be pressured by a shift in consumer preference from insulated bottles to tumblers.
Kryptek Appoints COO
Kryptek Outdoor Group, the tactical and hunting apparel brand, welcomed Tim Piver as its new chief operations officer.
Report: Shot Show is Now the Third Largest Trade Show in Vegas
The show is now the eighth largest trade show in America, according to Trade Show Executive’s just-released Gold 100 rankings. The rankings were based on trade shows held throughout the U.S. in 2022 and measured by net square feet.
NSSF: September Adjusted NICS Background Checks Decline 8.2 Percent
The September decrease reflects a moderating trend in the decline rate, following declines of 13.0 percent in August, 17.0 percent in July and 19.6 percent in June. May was down only 0.1 percent.
Hydro Flask, Osprey Parent Sees Flattish Outdoor Segment Sales In Fiscal Q2
Helen of Troy reported sales in its Home & Outdoor segment, including OXO, Hydro Flask and Osprey eased 0.2 percent in the fiscal second quarter ending August 31, to $240.0 million.
EXEC: JLL Holiday Survey Sees Experiences Weighing on Traditional Gift Spend
In the JLL 2023 Holiday Shopping Survey Report consumers are poised to increase spending on entertainment and experiences during the holiday season but at the expense of the amount they would have spent on gift giving. The survey found spending on physical goods to decline 13.8 percent.
PleasureLand RV Centers Owner Dan Pearson Passes Away
The RV Dealers Association (RVDA) issued a statement today, October 3, informing the industry and RVDA membership that Dan Pearson, owner of PleasureLand RV Centers, headquartered in St. Cloud, MN, has passed away.
Gunpowder, Inc. Adds Three Hires in Strategic Move
The company noted that the hire of Josh Ward, Michelle Gandola and Alex Gaziano in the third quarter of 2023, reflected the Wisconsin-based agency’s “commitment to strengthening its public relations and digital marketing capabilities.”
Academy Sports + Outdoors Opens Second VA Store
The 77,000-square-foot space in Fredericksburg, VA marks the sixth store Academy has opened in 2023 on its was to its goal of opening 120 to 140 new stores by the end of 2027.
