SGB Update Outdoor
Authentic Brands Group Signs Agreement To Acquire Quicksilver, Billabong, DC Parent
After months of speculation in the active lifestyle market about a pending deal in the beach/skate lifestyle space, Authentic Brands Group reported it signed an agreement to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. On March 31, Authentic said it entered a period of exclusivity and made a binding offer to purchase Boardriders.
Camping World To Acquire Travel Land RV Center In Michigan
Camping World Holdings, Inc. reported it would acquire Travel Land RV Center in Houghton Lake, MI, expected to close in the second quarter of 2023.
Nordstrom To Open Rack Store In Elk Grove, CA
Nordstrom, Inc. reported it plans to open a new Nordstrom Rack store in Elk Grove, CA, in spring 2024.
Report: Year-Over-Year Online Prices Fell Again In March But Apparel Shows Increases
Adobe is reporting that online prices in March 2023, as tracked via the Adobe Digital Price Index (DPI), powered by Adobe Analytics, fell 1.7 percent year-over-year (YoY), marking the seventh consecutive month of YoY price decreases.
Feelfree US Expands With West Coast Distribution Center
Feelfree US, LLC opened a new regional distribution center in Diamond Springs, CA, to meet consumer demand in the West Coast region.
Revel Bikes Names New President And COO
Based in Carbondale, CO, Revel Bikes hired Ben Coates as president and chief operating officer. Coates brings over 15 years of experience in the cycling industry to Revel, having previously served as a director for both POC and Trek.
Hotlines Establishes U.S. Distribution To Support Bike Channel
Hotlines, the B2B distributor owned by Signa Sports United North America, launched in North America, with its headquarters in Park City, UT, to serve the U.S. bike market by offering a wide range of Nukeproof products.
Industrial Revolution Names New Regional Sales Manager
Industrial Revolution named Harrison Frye as regional sales manager, responsible for managing relationships across the company’s markets, managing accounts and overseeing independent reps and distributors of its brands, including UCO, Morakniv, Esbit, and Pedco.
NRF: Imports Climbing But Below Pandemic Peaks
Import cargo volume at the nation’s major container ports should climb steadily through the summer but will remain below record-setting levels seen during most of the pandemic, according to the Global Port Tracker report* released by the National Retail Federation (NRF) and Hackett Associates.
Brunswick Corp. Makes Changes To Segment Reporting
Brunswick Corporation updated its reportable segments from three to four—Propulsion, Engine Parts & Accessories, Navico Group, and Boat. The company’s previous Parts & Accessories reportable segment now splits into Engine Parts & Accessories and Navico Group.
Ports Of Los Angeles And Long Beach Temporarily Shut Down
The Ports of Los Angeles and Long Beach were back in operation Saturday after a worker shortage shut down the largest U.S. port complex for the better part of two days.
BRC: March UK Retail Foot Traffic Up 6.8 Percent But Lags February Rate
The British Retail Consortium (BRC) is reporting that total U.K. footfall (retail foot traffic), as measured by BRC-Sensormatic IQ data, increased by 6.8 percent in March year-over-year (YoY), 3.6 percentage points worse than February and worse than the 3-month average increase of 9.5 percent.
NRF: Full Effect Of The Fed’s Monetary Tightening Has Not Shown Up
The National Retail Federation’s (NRF) Chief Economist, Jack Kleinhenz, believes its recently-published 2023 retail sales forecast was one of the most difficult written to date.
Mammut Avalanche Shovels Face Recall
Mammut Sports Group has recalled about 5,580 Alugator Ride 3.0 Hoe and Alugator Ride SE avalanche shovels.
VF Corp. Realigns Leadership At Dickies, Altra, Smartwool, And Icebreaker
VF Corp. announced key leadership appointments at its Dickies, Altra, Smartwool, and Icebreaker brands, effective immediately.
