SGB Update Outdoor
On’s First Quarter Profits Surge With 78 Percent Revenue Gain
On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped analyst targets. Strength was seen across regions, channels and product groups.
Big Agnes Grows Sales Team In The Northeast
Big Agnes hired Round Pond Sales Group led by Kyle Rohne and Ian Wauchope to represent Big Agnes in the Northeast, better positioning the brand to meet the needs of customers in the region.
Orvis Appoints Chief Product Officer
Orvis announced that Carla Feely had been named chief product officer with executive oversite for all product-related functions.
EssilorLuxottica Partners On Persian Gulf Region Retail Initiative
EssilorLuxottica, parent company of Sunglass Hut, Oakley and Ray-Ban, among other eyewear brands, and Chalhoub Group, signed a joint venture for the development of direct eyewear retail in the Gulf Cooperation Council (GCC) region.
DestiMetrics: Solid Winter Revenues But Summer Occupancy Is Down Despite Softening Rates
Although a handful of resorts remain open, the Winter 2022/23 ski season is ending on a high note due to extraordinary snowfall across most regions, particularly in the West, according to the most recent data released by DestiMetrics.
Century 21 Set To Reopen Flagship Store Location In New York
Century 21, the retailer and purveyor of off-price luxury fashion, is reopening its flagship location in Manhattan’s Financial District at 22 Cortlandt Street with the support of experiences company Legends.
Revo Opens Flagship In Barcelona
Revo opened its first flagship store in Barcelona, Spain, located on Baixada de la Llibreteria, in the Gothic Quarter, one of the city’s highly trafficked districts.
Hayes Names New Distribution Partner For Italian Market
Hayes Bicycle Group, the distributor of several bike brands, reported a new partnership with AMG in the Italian territory, expanding the reach of the company’s performance cycling componentry to AMG’s dealer network.
Thule Group CFO Announces Departure
Thule Group announced that Jonas Lindqvist, in agreement with the company, will leave his position as chief financial officer at Thule Group. He has held the position since 2020 and will remain in the role until a successor is in place. The recruitment process is underway.
Mountain Khakis Hires eCommerce Director
Mountain Khakis hired Jinnie Austin as eCommerce Director, with ten-plus years of experience in marketing and digital leadership roles.
HLC Names Brand Manager, Yuba Bicycles
HLC announced that Justin Gottlieb was named brand manager of Yuba Bicycles. He was recently the director of sales and marketing for Yuba Bicycles, LLC.
Grassroots Outdoor Alliance Adds Director Of Events
Grassroots Outdoor Alliance named Chelsea Flynn as director of events.
Solo Brands Acquires TerraFlame
Solo Brands, Inc., the parent of Solo Stove, Chubbies, Oru Kayak, and ISLE, announced it has acquired TerraFlame, the maker of indoor fireplace and fire accessories company based in Laguna Niguel, CA.
Canadian Tire Sees Strong Helly Hansen Q1, SportChek Gain Partially Offset CTR Decline
Canadian Tire Corporation, the parent of retailer SportChek and the Helly Hansen brand, reported first-quarter Retail revenue was CN$3.34 billion, a decrease of 4.8 percent compared to the prior-year period. Diluted EPS was CN$0.13 in the quarter compared to CN$3.03 in the prior-year period.
Werewool Secures $3.7M In Seed Funding
Werewool, a New York-based provider of sustainable performance fibers, raised $3.7 million in a funding round led by Material Impact and Sofinnova Partners.
