SGB Media Releases August 2023 Most Read Articles, Key Metrics
SGB Media published a quick review of the top stories from August 2023 that drove pageviews up 14 percent month-over-month to almost 184,000, while total users grew 10 percent and time spent on the site by each user rose 19 percent for the period.
Brunswick Enters Electric-Foiling Surfboard Market with Acquisition
The acquisition of Fliteboard, which combines advanced hydrofoils and electric propulsion on the water, presents the opportunity for technological, manufacturing, commercial, and consumer synergies with Brunswick’s portfolio.
Winchester Ammo Parent Sets CEO Transition Plan
Olin Corporation announced a mutual agreement that Scott Sutton would step down as president, chief executive officer and board chairman in the first half of 2024. Sutton will continue as the Board’s executive chairman until his departure to facilitate a smooth transition.
EXEC: Academy Sports’ Shares Jump On Upbeat Outlook
Shares of Academy Sports and Outdoors, Inc. closed up $4.63, or 9.3 percent, to $54.57 Thursday as second-quarter earnings topped analysts’ estimates and the retailer reiterated its guidance for the year. Academy officials said sales steadily improved throughout the second quarter as customers responded to its message around value and newness.
RVIA: 16 Million RV Travelers Will Hit the Road for Labor Day
Of the 95 million leisure travelers in the U.S. planning to travel over Labor Day weekend, 16 million intend to do so in an RV, according to a recent survey conducted by Cairn Consulting for the RV Industry Association.
Redarc Electronics Makes Four Key Sales & Marketing Hires
Hires include, Greg Gorski as global marketing director, Gary Langbo as the general manager of sales, North America, Savannah Goodwin as North American strategic marketing manager, and Doug Larsen as global website and e-commerce manager.
L.L.Bean Adds Academy Sports + Outdoors as Wholesale Key Account
Academy Sports will carry a wide assortment of L.L.Bean’s products, including polos, backpacks, men’s and women’s apparel, and the iconic Bean Boots.
MasterCraft Boat Holdings Sees Worsening Boat Trends in Fiscal Q4
The company said the 15.5 percent sales decrease in Q4 reflects decreased sales volumes, less favorable model mix, and increased dealer incentives, partially offset by higher prices.
EXEC: Mainland Headwear H1 Revenues, Profits Fall Double-Digits
The manufacturer and seller of headwear and accessories products said in its H1 report that manufacturers and traders faced the “challenges of built-up inventories waiting to be consumed, weakened new demand and stagnant production and sales.”
Springfield Armory Retains Orion Wholesale as Firearms Distributor
Springfield Armory added Orion Wholesale, based in Jeffersonville, IN, to its lineup of distributors to represent the company’s brand.
Buck Knives Makes Marketing Appointments
Buck Knives reported the promotions of Justin Baar to senior e-commerce and digital marketing manager and Katie Swanson to marketing communications manager.
EXEC: Active Lifestyle Well Represented on 2023 Inc. 5000 List
Golftec, Xero Shoes, SylvanSport, Stinger Sports, Bases Loaded and GiantMouse are brands in the wide range of companies in the active lifestyle space to land in Inc’s 5000 for 2023 annual ranking of the fastest-growing private companies in America—a snapshot of companies’ performance from 2019 to 2022.
Malibu Boats Swings to Fiscal Q4 Loss Despite Saltwater Fishing Sales Gain
The increase in net sales for the quarter was reportedly driven primarily by increased unit volumes in the Saltwater Fishing segment and a favorable model mix across all segments.
Report Forecasts Flattish Online Growth in U.S. for Holiday 2023
Salesforce’s 2023 Holiday Forecast calls for 4 percent global and 1 percent U.S. year-over-year online sales growth across November and December, reaching $1.19 trillion and $273 billion, respectively.
Mercury Marine, Labor Union Ink New Five-Year Collective Bargaining Agreement
The new contract, which will remain in place through September 30, 2028, was voted in favor by the members of the IAMAW Lodge 1947 and will be signed by Mercury Marine and the IAMAW.