SGB Update Outdoor

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.

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.

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.

Newell Brands Outdoor & Recreation Core Sales Fall 21 Percent In Q2

Newell Brands, the parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, generated net sales of $333 million, down 22.0 percent compared with $427 million in the prior year period. The decline reflects a core sales decline of 20.9 percent, as well as the impact of unfavorable foreign exchange.