SGB Update Outdoor
Solo Brands Appoints Interim CEO as Chris Metz Departs
John Larson, a member of the company’s Board of Directors, has been appointed interim president and chief executive officer, effective immediately. Larson succeeds Chris Metz who is stepping down.
Report: Camping Reservation Cancellations and No-Shows Decreased in 2024
Still, the percentage of campers who canceled two-plus days ahead of time in 2024 was 25.8 percent, a decrease of 3.3 percent from 2023. Only 6.9 percent of campers canceled with less than two days’ notice in 2024, a decrease of 3.8 percent from 2023.
Tenaya Inks U.S. Distribution Deal
The manufacturer of performance climbing shoes, has signed an exclusive U.S. distribution agreement with Liberty Mountain aimed at streamlining operations and delivering quick product turnaround times to retailers and climbing gyms while making the brand more accessible to outdoor enthusiasts nationwide.
Costa Sunglasses Names Global VP of Marketing
Robbie LaBelle joins the company from Sports Research, where he was vice president of Marketing. Before that, he worked for over a decade at Nike in various brand marketing leadership roles and for nearly eight years at Apple/Beats by Dre, creating campaigns and brand marketing strategies.
Recall: Black Diamond Recon LT Avalanche Beacon
This voluntary recall is due to the possible corrosion of the metal contact causing the device to malfunction or turn off, potentially hindering avalanche rescue efforts and increasing the risk of serious injury or death.
Katadyn Group Names Two Outdoor Vets to North American Leadership Team
Katadyn Group expanded its North American leadership team with the addition of Brook Hopper as director of marketing for North America and Jeff Pratt as director of sales for North America.
Recall: AFTCO Youth Solitude Jackets with Drawstrings
American Fishing Tackle Company sold roughly 820 jackets online at aftco.com and fishing, camping and outdoor equipment stores nationwide. The drawstring in the hood of the recalled jackets could get caught on objects and cause death or serious injury to children due to a strangulation hazard.
Recall: Trek Electra Navigator Go! and Ace Spade Go! Ebikes
Specific bolts attaching the rear fender to the bikes do not contain a threadlocker and could loosen during shipping or while riding, causing the fenders to rotate under the rear wheel, causing consumers to lose control and falling.
Recall: Setsmart LoGest Climbing Ropes Due to Fall Hazard
Setsmart LLC, based in Brooklyn, NY, has voluntarily recalled (No. 25-130) the LoGest Climbing Ropes with Carabiners and Climbing Ropes with Heavy-Duty Metal Hooks in cooperation with the CPSC.
Digital Brands Prices Secondary Public Offering of Common Stock
Before deducting the placement agent’s fees and other offering expenses, the gross proceeds from the offering are expected to be $7.5 million.
Recall: Igloo 90 Quart Flip & Tow Rolling Coolers
Igloo has received 12 reports of fingertip injuries, including fingertip amputations, bone fractures and lacerations. The coolers were sold at Costco, Target, Academy, Dick’s, and other stores nationwide, and online at Amazon.com, Igloocoolers.com, and other websites from January 2019 through January 2025.
Perfect Moment Swings to Fiscal Q3 Net Loss as Sales Decline 8 Percent
Total net revenue declined 8 percent to $11.7 million from the prior-year Q3 quarter, said to be largely due to a decrease in collaboration revenue partially offset by an increase in retail net revenue.
BJ’s Wholesale Club to Open in Florida
The new club will open in Brooksville, FL, on February 21, 2025, including an on-site BJ’s Gas location opening on February 6. Club members who shop the store, save of up to 25 percent off grocery store prices.
Yeti Inc. Posts Strong Q4 Despite Wrestling with Product Recall Reserve Impact
Adjusted sales, which exclude the impacts of the recall reserves in both the current and prior-year quarters, increased 7 percent to $555.4 million. Sales and adjusted sales in Q4 2024 and 2023 include $1.7 million and $6.5 million, respectively, of sales related to gift card redemptions in connection with recall remedies.
Hyosung TNC Hires U.S. Marketing Director to Drive Growth
Malvina Hoxha will direct the U.S. marketing team in promoting Hyosung TNC’s specialty fibers and fabrics to targeted brands and retailers. She will also manage joint development and promotional programs with key industry partners.
