SGB Update Outdoor
OIA Climate Action Corps Releases Study On Decarbonizing Textiles Sector
Burton, New Balance, Patagonia, REI Co-op, and Gore’s Fabrics Division, five members of OIA Climate Action Corps., and OIA have released the results of a joint-commissioned study regarding the feasibility of electrifying the textile and apparel industry.
CRKT And Hogue Partner On U.S. Knife Manufacturing
Columbia River Knife & Tool and Hogue Knives, a U.S.-manufacturer of precision-built knives, inked a partnership around the next generation of CRKT knives.
Rocky Brands Enters Accessories License With Status Accessories
Rocky Brands, Inc. entered into a license agreement with Status Accessories to design and distribute belts and wallets under the Durango and Rocky Boots brands.
Thule Posts Q4 Loss Amid Sales Slump
Thule Group reported a loss in the fourth quarter amid eroding margins and a sales drop of 21.0 percent on a currency-neutral basis.
Dick’s House Of Sport To Open In Scranton
Dick’s Sporting Goods and Field & Stream store in the Viewmont Mall in Scranton, PA, closed its doors with plans to convert the space to a Dick’s House Of Sport.
Bell Sports Recalls Giro Merit Helmets
In cooperation with the U.S. Consumer Product Safety Commission (CPSC), Bell Sports, Inc. voluntarily recalled Giro Merit helmets.
Newell Brands Appoints Peterson CEO, Saligram Retires
Newell Brands promoted current company President Chris Peterson as president and CEO, effective upon the conclusion of its 2023 Annual Meeting of Stockholders on May 16.
Newell Brands Outdoor & Recreation Core Sales Fall 21 Percent In Q4; Loss Widens
The Outdoor & Recreation segment, which includes Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, generated net sales of $211 million in Q4 compared with $304 million in the prior-year period, reflecting a core sales decline of 21.0 percent.
Tractor Supply Extends CEO’s Contract; Shifts Board Leadership
Tractor Supply Company extended President and CEO Hal Lawton’s employment contract and key transitions on its Board of Directors. The Board of Directors elected long-standing member Edna Morris as Chairman of the Board.
Topgolf Callaway Posts Wider Q4 Loss On Strong Double-Digit Growth
Topgolf Callaway Brands Corp. posted another strong quarter to end 2022, delivering a 19.6 percent increase in revenue to $851.3 million in Q4, reflecting growth in each operating segment, major product category and region.
Thule Names New President and CEO
Thule Group named Mattias Ankarberg as the new president and CEO of the company. To secure a seamless transition, Magnus Welander will remain in his role until Ankarberg finishes his current position.
Moosejaw Launching Consumer Resale Gear Program
Moosejaw will launch ReTrail, a resale program, on February 9. The online platform lets customers buy and sell their previously owned gear directly on the retailer’s site.
Kohl’s Names New Chief Merchant
Kohl’s named 25-year retail veteran Nick Jones as chief merchandising and digital officer, reporting to CEO Tom Kingsbury, effective in March.
Dick’s SG Plans 200 Trade-in Events In First Half Of 2023
Dick’s Sporting Goods and SidelineSwap are building on the success of the 60 trade-in events they executed in 2022 and expanding their partnership to offer 200 trade-in events in 19 states through the first half of 2023.
BJ’s Wholesale Club Adding First Store In Tennessee; Adds To Florida, Georgia
BJ’s Wholesale Club will continue its expansion of new club locations in the upcoming months, including opening its very first club in the state of Tennessee by the first half of the year.
