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.
Nordstrom Adding Two Rack Stores In Fall 2023
Nordstrom, Inc. reported plans to open two stores in fall 2023—a Nordstrom Rack in Natomas, CA, and a Rack store in San Antonio, TX.
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.
Report: New Brand Resale Index Recognizes REI, Arc’Teryx And On As Top Brands
Trove released its Brand Resale Index: Defining the Resale Experience. The Index evaluates leading practice adoptions across 40 brands in the Outdoor, Footwear, Fashion/Apparel, and Luxury categories.
PleasureLand RV To Acquire Brambillas RV
St. Cloud, MN-based PleasureLand RV Center is acquiring Brambillas RV in Shakopee, MN, which will become Pleasureland’s ninth location.
Signa Sports Opens North America Bike Office In Park City
Signa Sports United’s North American Bike Division, which makes the Nukeproof and Vitus bikes, opened a corporate office in Park City, UT.
OR, Surf Expo Parent Swings To 2022 Profit On Triple-Digit Revenue Growth
Emerald Holding Inc. reported significantly improved earnings and sales in the fourth quarter and year ended December 31 as trade shows continued to return to in-person events.
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.
Camping World To Acquire Northern California’s Pan Pacific RV Center
Camping World Holdings, Inc. agreed to acquire Pan Pacific RV Center, including two northern California RV dealerships in French Camp and Morgan Hill.
Fieldsheer Names Chief Revenue Officer
Fieldsheer promoted John Cacopardo as chief revenue officer to lead sales, marketing and customer service.
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.
Wahoo Fitness Integrates Elemnt Range With Trailforks Mapping App
Wahoo Fitness reported integrating its Elemnt range of GPS bike computers with Outside Interactive, Inc.’s Trailforks mapping app.
Report: U.S. Retail Sales Climb 6.9 Percent In February
According to Mastercard SpendingPulse, U.S. retail sales excluding automotive were up 6.9 percent year-over-year (YOY) in February.