SGB Update Outdoor
Wolverine Worldwide Names Company President, New Leaders For Merrell And Saucony
Wolverine World Wide, Inc. named Chris Hufnagel as company president, promoted Janice Tennant to Merrell’s global brand president and named Rob Griffiths as global brand president of Saucony.
Gnarly Nutrition Hires Head Of Marketing
Gnarly Nutrition recently hired John Perry to head up its Marketing department. Perry brings over two decades of strategic and creative marketing experience to the role, including working at Creminelli and Backcountry.
Canada Goose To Open Stores In Australia
Canada Goose, in partnership with Australian retail group Brand Collective, is entering Australia with plans to open stores in Melbourne and Sydney later this year. In addition, Canada Goose will launch an e-commerce platform and implement wholesale distribution plans for the region.
Luck E Strike Lures Acquired By Singer Toby Keith
Luck E Strike Corp., a fishing lure manufacturer headquartered in Cassville, MO, was reportedly acquired by country singer Toby Keith.
Sportsman’s Warehouse’s Q1 Same-Store Sales Slide 18 Percent
Sportsman’s Warehouse Holdings, Inc. reported a net loss of $15.6 million in the first quarter ended April 29. Same-store sales decreased 17.8 percent, and results were in line with company guidance. For the second quarter, the Hunt & Fish retailer forecasted a return to profitability, with same-store sales declining 17 percent to 9 percent year-over-year.
Patagonia Leads Axios Corporate Reputation Rankings Study
Patagonia ranked first on the Axios Harris Poll 100 corporate reputation rankings, and Nike and Adidas landed in the Top 25 of the 100 “Highly Visible” brands in the ranking.
Sports Warehouse To Pay $300,000 For Data Breach
Sports Warehouse, which owns the online sporting goods websites Tennis Warehouse, Running Warehouse, Skate Warehouse and Tackle Warehouse, will have to pay $300,000 in penalties to the state of New York and strengthen its cybersecurity measures after being found liable for failing to protect 2.5 million consumers’ personal data, according to a statement from New York’s Office of the Attorney General (OAG).
Emerald Expositions’ Debt Ratings Unaffected By Loan Amendment
Moody’s Investors Service reported that Emerald Expositions’ proposal to amend and extend its first lien term loan is credit positive, and it does not affect the company’s B2 corporate family rating, B2 senior secured credit facility rating or its stable outlook.
Eastern Mountain Sports Opens Third New Jersey Store
Eastern Mountain Sports (EMS) announced plans to open its newest store in Deptford, NJ. in mid-June. The store is on the lower level next to the entrance to Boscovs at the Deptford Mall.
Von Maur Department Store To Open First North Dakota Store Location
Von Maur Department Store plans to open a 90,000-square-foot store at West Acres Mall in Fargo, ND. Scheduled to open in Spring 2025, this will be the first Von Maur location in North Dakota.
Canada Goose To Open Three U.S. Stores
Canada Goose plans to open three new U.S. stores in May and June. The stores will open in Las Vegas, NV; Bellevue, WA and Los Angeles, CA, respectively.
Patagonia Names New General Manager EMEA
Patagonia promoted Nina Hajikhanian to general manager of EMEA. Most recently, she was the direct-to-consumer director, leading e-commerce, retail and customer service.
RVIA: RV Shipments Down 45 Percent In April, Again Led By Towables
The results from RVIA’s (RV Industry Association) April 2023 survey of manufacturers found that total RV shipments ended the month with 31,216 units, a decrease of 45.4 percent compared to the 57,192 units shipped in April 2022.
Fox Factory Welcomes New CFO
Fox Factory Holding Corp. named Dennis Schemm as chief financial officer, effective June 12. Schemm succeeds interim CFO Maggie Torres, who will retire when Schemm assumes the role.
Deckers Brands Gets Another Big Lift From Hoka In Q4 As Ugg Declines
Deckers Brands reported net sales increased 7.5 percent to $791.6 million in the fiscal fourth quarter ended March 31. On a constant-currency basis, net sales increased 10.2 percent. Hoka brand net sales increased 40.3 percent while Ugg brand net sales decreased 2.7 percent.
