SGB Update Outdoor
Camping World’s Q2 Sales Skid 12.4 Percent
Profits at Camping World Holdings Inc. fell 67.3 percent in the second quarter ended June 30 as sales declined 12.4 percent.
Rocky Brands Logs Q2 Loss on 38 Percent Sales Tumble
Rocky Brands, Inc. reported a loss of $2.7 million in the second quarter ended June 30. Sales were down 38 percent, dropping 45.5 percent in the wholesale channel.
VF Corp. Sees Wider Q1 Loss and Revenue Decline as Vans Drag Continues
The home to the iconic Vans, The North Face, Timberland, Jansport, and Dickies brands, among others, saw 2024 fiscal first-quarter revenue slide 8 percent to $2.09 billion from $2.22 billion in the year-ago quarter.
Columbia Sportswear Cuts Full-Year Guidance On U.S. Weakness
Columbia Sportswear Co. reported second-quarter earnings and sales that topped Wall Street expectations, but lowered its outlook for the year as continued weakness in its U.S. offset strength overseas, including China. The company said it was undertaking expense reduction efforts to manage “near-term uncertainty.”
Thor Industries Shifts President Roles at Operating Units
Thor Industries, Inc. promoted key leaders for positions at several of its operating companies—Ryan Juday to president of KZ Recreational Vehicles and Kyle Kwasny as president of Heartland RV, effective August 1.
UYN Secures Rocky Mountain Sales Representation
UYN Sports, a maker of sustainable apparel, footwear and accessories based in Italy, named Granite Marketing its sales agency of record for the Rocky Mountain region.
Saris Resets Sales Team Following Bankruptcy Auction Sale
Saris Cycling Group, the manufacturer of bike racks and trainers, overhauled its sales team following the sale of the company last October to C+A Global at a bankruptcy auction.
Report: Birkenstock IPO Estimated at $8 Billion Valuation
L Catterton, Birkenstock’s private-equity owner, is looking to take the Germany-based footwear manufacturer public in September in the U.S. at a valuation of more than $8 billion, sources told Bloomberg.
Lazydays RV’s Q2 Revenues Slide 17 Percent
Lazydays RV reported a sharp decline in profits in the second quarter ended June 30 as sales in the period fell 17.4 percent, to $308.4 million from $373.6 million in the second quarter of 2022.
Patagonia to Open Store In Charlotte
Patagonia will open a store in Charlotte, NC at the Design Center in the South End section of the city.
REI to Open Store in Albany
REI signed a ten-year lease at Crossgates Mall in Albany, its first store in New York’s capital region.
Canada Goose Expands Generations Resale Program to Canada
The company’s expansion of its resale company comes as the company reported in its ESG Report that it saw a nearly 45 percent year-over-year reduction in carbon footprint by investing in global renewable energy credits.
BRC: Britain Loses 6,000 Storefronts Over Last Five Years
Crippling business rates and the impact of the COVID lockdowns were said to be a key part of decisions for retailers to close stores and think twice about new openings, according to recent analysis by the British Retail Consortium.
Cane Creek Cycling Components Hires Two New Leaders
Cane Creek Cycling Components expanded its internal sales group (ISG), hiring Stephanie Bush as supply chain leader and Lev Weschler as an engineering manager to support riders, bike shops and dealers across the U.S.
Safilo and Fossil Renew Eyewear License Through 2028
Initially offered as a North American ophthalmic exclusive, the Fossil eyewear collection has evolved over time to include sunglasses and expansion outside the U.S.
