SGB Update Outdoor
Report: Online Resale is Expected to Reach $40 Billion by 2029
From integrating social commerce and AI applications to establishing trade organizations and interfacing with the government, ThredUp said it’s clear why resale has seen accelerated growth and a promising growth trajectory.
Report: February Perceived Stability at Retail Hides Deeper Fluctuations
While the steady appearance of retail performance carried through top-line views of discretionary general merchandise, retail food and beverage, and non-edible consumer packaged goods, underlying disruptions are emerging, reported Circana.
QTI Fibers Appoints New CEO
QTI Fibers is a vertically integrated manufacturer of advanced technical fibers, fabrics, coated yarns, and textiles. Its portfolio of companies includes Quantum Materials, Twitchell Technical Products, and Infinity Woven Products.
Camping World Rejects Two of Seven Planned Lazydays RV Acquisitions
The two locations, in Portland, Oregon and Council Bluffs, Iowa, were rejected as they did not meet CWH standards, according to a company media statement.
Report: February Retail Sales May Reflect Anxious Consumer Spending
February’s core retail sales, as defined by the NRF, were up 0.9 percent seasonally-adjusted month-over-month but down 0.2 percent unadjusted year-over-year because of the comparison against unusually high sales in February 2024.
Recreational Boating & Fishing Foundation Expands Board
The new Board members include Toby O’Rourke, President & CEO, Kampgrounds of America, Inc.; Douglas Craven, Natural Resources Director, Little Traverse Bay Bands of the Odawa Indians; Wayne Hubbard, Host and Producer, Urban American Outdoors; and Ronnie Green, Professional Angler and Host of A Fishing Story.
Yeti Appoints J. Magnus Welander and Arne Arens to Board
The appointments of Welander and Arens will increase the size of Yeti’s Board to 10 members, nine of whom are independent, and are said to “reflect to represent the company’s ongoing Board refreshment efforts, focused on further aligning director experience and skillsets with Yeti’s strategy and future opportunities.”
Camping World Closes on Acquisition of Lazydays Elkhart
The deal is the fourth closed with the Lazydays RV dealer since February 20. The company announced in November 2024 that it was acquiring seven Lazydays locations from Lazydays Holdings, Inc.
Rad Power Bikes Appoints New CEO after Phil Molyneux’s Departure
The company has appointed former Bartell Drugs CEO Kathi Lentzsch as its new chief executive officer, closing the loop after the surprising departure of former CEO Phil Molyneux.
Tailored Brands, Inc. Appoints Two New Board Members
The omnichannel specialty retailer of menswear, appointed Julie B. Rosen and Lewis L. Bird, III, as members of its Board of Directors, effective March 2025. Rosen and Bird collectively bring nearly seven decades of retail and business experience to their roles.
OR and Surf Expo Parent Swings to Q4 Profit on 5.2 Percent Revenue Growth
The Q4 increase was reportedly driven primarily by $6.1 million in organic revenue growth and $4.8 million in revenue from acquisitions, offset by scheduling adjustments of $3.7 million and prior-year revenue of $1.9 million related to discontinued events that were not contributing to profitability.
Fossil Group Appoints New Chief Financial Officer
Randy Greben will oversee Fossil Group’s global financial strategy, focusing on leading the organization’s financial turnaround and business transformation. He replaces interim CFO Andrew Skobe, effective March 17.
Perfect Moment Appoints Former Timberland Exec as General Counsel
Kristine Marvin previously served as vice president and general counsel at Timberland, where she oversaw its corporate governance, brand protection, trade compliance, and risk management.
Duluth Trading Sees Q4 Results Hurt by Retail Stores, Fulfillment Issues
Direct-to-consumer net sales increased by 0.4 percent to $172.9 million compared to the prior-year fourth quarter driven by greater penetration of mobile. Retail store net sales decreased by 6.9 percent to $68.4 million.
Sam Sato Sets Retirement from Duluth Trading Company CEO Role
During the transition period through April 25, Stephen L. Schlecht, the company’s chairman of the Board, founder and former CEO, will assume day-to-day leadership of the company with Sato’s assistance.
