SGB Update Outdoor

Smith Names Bike Marketing Manager

Smith, the maker of snow goggles and helmets across bike helmets, sport, lifestyle, and prescription eyewear, hired Jeremy Dunn as bike marketing manager. 

Sporting Goods Retail Industry Icon Jim Chick Passes Away

The National Sporting Goods Association shared that former NSGA board member and board chair, Jim Chick, passed away. Chick was president & CEO of Chick’s Sporting Goods, headquartered in Covina, CA, for nearly 40 years. He was a member of the NSGA board of directors from 1985 to 1994 and was the board chairman in 1992.

Stio To Open Mountain Studio In Bozeman

Stio reported it will open a tenth Mountain Studio in Bozeman, MT this fall. This follows the company opening an East Coast Studio in Boston and its first in South Lake Tahoe, scheduled to open on March 24.

Rocky Mountain Acquires BikeAction GmbH

Rocky Mountain acquired BikeAction GmbH a bike distributor headquartered in Germany. The acquisition, built on a 30-plus-year partnership, vertically integrates the Canadian manufacturer into the European market and supports riders in BikeAction’s Northern European region.

Giant Bicycles Sees Inventory Affecting Short-Term Results After Solid 2022

Giant Group reported that 2022 consolidated revenues increased 12.5 percent to NT$92.04 billion. Due to the impact of rising material and labor costs as well as an increase in the OEM business, the overall group’s gross margin and operating profit performance were negatively affected.

REI To Open In Sarasota This Fall

REI Co-op will open a store in Sarasota this Fall 2023 in the University Town Center, its eighth store in Florida.