SGB Update Outdoor
Survey Finds 92 Percent of Consumers Cut Spending This Year; Apparel Tops Cuts
A recent CNBC-Morning Consult survey found that 92 percent of U.S. adults reduced their spending over the past six months, and the majority expect to remain frugal through the 2023 holiday shopping season.
Gartner Survey Points to Softer Holiday Spending
According to a survey of 302 consumers conducted in June by Gartner, Inc., only nine percent of respondents said they plan to spend more this holiday season than in 2022, with 28 percent saying they will spend less and 63 percent saying they would spend the same.
Fieldsheer Appoints Midwest RSM for Mobile Warming Brand
Travis Mayne is responsible for handling territory account management, developing go-to-market strategies and increasing sales in commercial and consumer markets.
KOA Sees Jump in Fall and Winter Camping
Kampgrounds of America (KOA) Inc.’s September Research Report found that 85 percent of campers have planned fall trips while winter camping has doubled in intent year-over-year.
Norrøna Selects Boston for New U.S. Concept Shop
Norrøna reported it will open a 2,637-square-foot concept shop on Boston’s Newbury Street in Spring 2024. The company said the move signifies the sustainable growth the family-owned Norwegian manufacturer of apparel and gear has achieved in the U.S.
Shimano North America Recalls Approximately 760,000 Cranksets
The recall affects certain 11-Speed Bonded Hollowtech II Road Cranksets as they could separate and break, posing a crash hazard to consumers.
Blue Compass RV Kicks Off Rebranding Effort in Tampa, Northeast U.S.
Blue Compass RV celebrated its rebrand with a series of store transitions throughout 2023, kicking off with the rebrand of Blue Compass RV Tampa, previously RV One Superstores Tampa.
JD Sports Posts Double-Digit H1 Growth in N.A. with DTLR, Finish Line, JD and Shoe Palace
U.K.-based JD Sports Fashion reported total revenue of £4.78 billion ($5.91 billion) for the first half of its fiscal year ended July 29, up 8.3 percent year-over-year. JD said organic growth in its North America business was up 15 percent with the three largest segments—Finish Line/JD, DTLR and Shoe Palace—delivering between 13 percent and 17 percent organic sales growth.
Nordstrom Sets Plans for More Rack Locations in Ohio
With the addition of this new location in Mason, OH and a location opening in Macedonia, OH in spring 2024, Nordstrom will operate eight Nordstrom Rack stores and three Nordstrom stores in Ohio. The store is scheduled to open in fall 2024.
GT Bicycles Makes New Sales Hires; Promotes from Within
GT Bicycles named Kevin Noble as head of North American sales, Jeremiah Starkey, was hired to manage GT’s global sales and operations planning, Beny Huckaby runs point on customer service and warranty, and Cindy Balsitis was promoted to administrative manager.
Adidas Opens New Fully Automated Distribution Center in China
The fully automated warehousing and distribution center in Suzhou, China, covering an area of 139,000 square meters, is said to “set a new industry standard with its high degree of speed and flexibility in warehousing logistics.”
MycoWorks Opens New South Carolina Factory
MycoWorks, a company developing a fungal-based biomaterial that it said could replace leather, began production at its new manufacturing facility in Union, SC. The San Francisco-based biomaterials start-up said its now set to grow millions of square feet of its leather-alternative material produced with the company’s proprietary technology, Fine Mycelium.
Bass Pro Shops Sets New Location in Tucson, AZ
The new retail store will be located off I-10 as an anchor of Marketplace at the Bridges.
Decked Adds Active Lifestyle Industry Vet to Lead Sales Effort
Wanda Rozwadowska brings 13 years of sales and marketing experience in the outdoor, sports and active lifestyle industries to drive the brand’s next phase of growth and product launches.
Birkenstock’s Revenues Climb 21 Percent in Fiscal Nine Months
Birkenstock’s revenues grew 21 percent in its fiscal nine months ended June 30 due to broad-based growth across regions and channels, according to an updated regulatory filing tied to its initial public offering.
