SGB Update Outdoor
JD Sports To Acquire France’s Groupe Courir; Moves to Simplify JD Brand Subsidiaries
JD Sports Fashion Plc intends to take its first acquisitive steps in fulfilling the growth ambitions, as set out at the Capital Markets Event in February this year. Additionally, the Group is reviewing options to simplify the shareholdings in a number of its subsidiary businesses across Europe
Under Armour Swings To Fiscal Q4 Profit On Footwear Growth; Inventory Up 44 Percent
Under Armour reported that revenue for the fiscal fourth quarter was up 7.5 percent to $1.40 billion (+10 percent currency-neutral) in the period ended March 31. Net income was $170.5 million for the quarter, compared to a loss of $59.6 million in the prior-year quarter.
Rab, Lowe Alpine Names U.S. Marketing Manager
Rab and Lowe Alpine promoted outdoor industry veteran Annalee Loomer to U.S. Marketing Manager, a new role for the company’s domestic marketing department.
Good To-Go Hires Marketing Manager
Good To-Go, founded by Chef Jennifer Scism in 2014 and based in Kittery, ME, hired Kristen Murphy, formerly at Vibram, as marketing manager.
Stio Raises $20 Million In Growth Capital
Stio reported it raised $20 million in capital to support its Mountain Studio retail locations, future product category development and a pivot towards a more diversified omnichannel approach.
Marin Mountain Bikes Names U.S. Sales Chief
Marin Mountain Bikes, Inc., based in Petaluma, CA, hired John Georger as vice president of sales for the U.S. market, effective May 1, overseeing the brand’s outside sales reps and inside sales and customer support teams.
Winnebago Recalls 6,536 RVs
Winnebago reported a recall of 6,536 motorhomes following an investigation that confirmed a defect in the company’s Cummins-made generator or, more specifically, the fuel hose between the inline fuel filter and the Injection Pump Module.
Outdoor Cap Hires New Rep For Hawaii And Nevada
Outdoor Cap hired Quinn Bui as its new rep for Hawaii and Nevada. With ten years of experience in the promotional product industry.
The Headrest Safe Company Hires E-Commerce Manager
The Headrest Safe Company, LLC hired Kenny Sinnett as its e-commerce manager, responsible for creating strategies that impact the design and practicality of its online shops and adjacent platforms.
Yamaha U.S. Marine Business Unit Names Marine Service Operations Manager
Yamaha U.S. Marine Business Unit hired Jeremy Waki as division manager of Marine Service operations, overseeing service support of systems, processes, strategy, data analytics, and service planning.
Altra Running Makes Two Sales Leadership Hires
Altra Running hired industry veterans Joe Toth as head of sales in North America and Michael Dobbs as Eastern U.S. sales manager.
Camping World To Enter Montana Through Acquisition
Camping World Holdings, Inc. reported it would acquire I-90 RV in Billings, its first location in Montana. The acquisition will close in the third quarter of 2023.
Moncler SPA’s Q1 Sales Expand 23 Percent
Moncler S.p.A. reported sales grew 23 percent on a reported and currency-neutral basis in the first quarter with healthy double-digit growth in the DTC channel at the Moncler and Stone Island brands.
SidelineSwap Secures Investment From eBay
SidelineSwap, the online marketplace for new and used sporting goods, announced a strategic investment from eBay Ventures, the corporate venture arm of eBay, Inc., and follows an investment in November 2022 from DSG Ventures, the corporate venture arm of Dick’s Sporting Goods.
REI Chicago Employees Vote To Unionize
The Retail, Wholesale and Department Store Union (RWDSU), announced Thursday that, by an overwhelming majority vote of nearly 84 percent, workers at REI, Inc. in Chicago, IL, voted to join the RWDSU, making this the fourth unionized REI store in the country.
