SGB Update Outdoor

Krimson Klover Hires Pacific Northwest Sales Rep

Krimson Klover hired Katie Borgen as a sales rep covering the Pacific Northwest, which includes Oregon, Idaho, Washington, and Alaska. Borgen has a decade of experience working in the outdoor space.

Signa Sports’ Largest Shareholder Terminates Equity Commitment Letter

Signa Sports United N.V., which in early October announced plans to delist its shares from the NYSE, said it had received a termination notice concerning the unconditional Equity Commitment Letter from Signa Holding GmbH, an affiliate of the company’s largest shareholder Signa International Sports Holding GmbH.

SFIA Launches Super Regionals Series

The Sports & Fitness Industry Association is launching a Super Regional Series in November, offering members, partners and industry leaders the opportunity to come together to discuss business insights and topics driving today’s sporting goods and fitness environment.

REI Lays Off Nearly 275 Retail Employees

REI Co-op is laying off about 275 retail employees, roughly 2 percent of its in-store workforce, as the retailer implements updates to its store operations system and labor structure.

Consumer Sentiment Slides in October

The University of Michigan’s preliminary Index of Consumer Sentiment for October declined 7.5 percent from month-over-month in September to 63 from 68.1 and below the 67.4 reading that analysts had expected.

REI To Open Huntington Station Store

The 21,000-square-foot store in the Huntington Shopping Center in Huntington Station, NY will host a grand opening November 3-5. It is REI’s seventh store in the Tri-State area.

Sorel to Open Pop-Up in Brooklyn

The 900-square-foot space is opening from October 13 to 22 in the Williamsburg section of Brooklyn, NY and will be Sorel’s signature orange color.

Dick’s SG To Open House of Sports in Miami

Dick’s Sporting Goods reported that the company submitted plans with Miami-Dade County to open a House of Sports in Miami in a space formerly occupied by a Nordstrom store in the Dadeland Mall.

Winnebago Adds Board Member

Winnebago Industries, Inc. appointed Staci Kroon to its board of directors. Kroon is the president and chief executive officer of BraunAbility.

Sportsman’s Warehouse Opens Second Store In Tucson

Sportsman’s Warehouse Holdings, Inc. reported it will open a second store in Tuscon and its tenth in Arizona. The 35,018-square-foot store at 5225 S. Calle Santa Cruz will host a grand opening on November 16.