SGB Update Outdoor
Camping World Sees Q4 Revenue Fall On Softening Demand, Tighter Margins
Camping World Holdings, Inc. saw revenue decrease 7.1 percent to $1.3 billion in the fourth quarter ended December 31, with used vehicle revenue declining 4.8 percent to $392.6 million and new vehicle revenue falling 13.1 percent.
Akers Digital Adds Two New Hires To Team
Akers Digital agency hired Bethany Donovan and Luke Paulson to expand its digital advertising, email marketing and Shopify services and better serve its clients in the cycling, snowsports, active apparel, and outdoor industries.
REI Updates Product Standards For Vendors
REI Co-op released its updated Product Impact Standards report to advance more sustainable and inclusive business practices. The latest version builds on three key areas: fighting climate change, advancing inclusion in the outdoors and managing chemicals.
Tractor Supply Improves Ranking On Forbes Best Employers List
Tractor Supply Company has been named to the Forbes list of America’s Best Large Employers. The company’s ranking improved to the 177 spot in the 2023 report from the 329 spot in 2022.
GSI Outdoors Makes Two Key Hires
GSI Outdoors hired Justin Walford as EVP to GSI Outdoors and Pelican International and Tyler Botts as brand marketing manager to GSI.
Walmart U.S. Posts 8.3 Percent Q4 Comp Store Sales Growth
Walmart U.S. comp sales grew 8.3 percent for Q4 and 13.9 percent on a two-year stack. E-commerce growth was 17 percent and 18 percent on a two-year stack.
Dillard’s Reports Flat Fourth Quarter On Sharp Margin Decline
Dillard’s reported net sales for the fiscal fourth quarter ended January 28 were up slightly to $2.13 billion, compared to $2.11 billion in the year-ago period.
360 Adventure Collective Announces Summer 2023 Show Schedule
360 Adventure Collective announced its regional summer show lineup, including 360AC Experience, in April, emphasizing camping, climbing and hiking.
Running Supply Acquires Achille Agway
Running Supply, Inc., operating as Runnings, based in Marshall, MN, agreed to acquire Achille Enterprises, Inc. Operating under Achille Agway, Achille Enterprises owns six farm and home stores in New Hampshire and Vermont.
VF Corp’s Debt Ratings Lowered
Moody’s Investors Service downgraded the debt ratings of VF Corp. due to the company’s currently high leverage resulting from underperformance in its largest and most profitable brand, Vans, as well as large customer inventory destocking at Dickies, a slower-than-expected recovery in China, and elevated inventory levels that are leading to higher promotional sales activity and reduced margins.
Pactimo Names Director Of Custom Sales
Denver, CO-based cycling apparel brand Pactimo hired Robert Allen as director of custom sales.
Blain’s Named One Of America’s Best Employers For Fifth Year
Forbes magazine named Blain’s Farm & Fleet one of “America’s Best Midsize Employers” for the fifth year in a row. In 2023, Blain’s Farm & Fleet ranked as the #1 Wisconsin-based retail and wholesale company.
Klim Recalling Backcountry Probes
In cooperation with the U.S. Consumer Product Safety Commission, Klim recalled its backcountry probes due to a severe injury or death risk.
Lazydays Acquires Findlay RV In Las Vegas
Lazydays reported its first acquisition of 2023 with the purchase of Findlay RV in Las Vegas, bordering four of the top 15 RV market states, and compliments the company’s operations in Arizona.
Yeti Holdings Names CFO
Yeti Holdings, Inc. has named Mike McMullen as senior vice president, chief financial officer and treasurer. McMullen has served as Yeti’s interim CFO since October 2022.
