SGB Update Outdoor
Rural King to Open New Store in Conover, NC
The Conover store will host a grand opening from September 20-22. The retailer sells a wide variety of premium brands, including Carhartt, Blackstone, Big Green Egg, Ariat, Under Armour, Black Rifle Coffee Company, Walnut Creek Foods and Henry Rifles.
MasterCraft Boat Holdings Sells Florida Boat Manufacturing Plant to Regal Boats
As previously reported, the company held the Merritt Island facility for open market sale following its agreement to transfer the rights to its Aviara brand to a MarineMax subsidiary.
Kreedom Eyewear Adds California Indie Sales Rep
Boston Titensor, an independent sales rep, also carries the Hari Mari, Dakine, Vertra, and Von Zipper sunglass lines in the Orange County market in SoCal.
Report: Second Quarter U.S. E-commerce Sales Outpaced Total Retail Trend
The Census Bureau of the Department of Commerce reported that the second quarter of 2024 e-commerce estimate increased 6.7 percent (±1.2) from the second quarter of 2023, while total retail sales increased 2.1 percent (±0.4) in the same period.
Famous Footwear Parent is Latest Footwear Retailer to Lower 2024 Guidance
Caleres, Inc. became the latest retailer to lower fiscal full-year guidance after reporting second-quarter fiscal 2024 sales and earnings. A top-line miss was driven by a 5.1 percent decline in Brand Portfolio sales and Famous Footwear comps down 2.9 percent.
Snow Peak Acquires Majority Stake in Swift Fly Fishing Co.
Founded by Carl McNeil and Jeanie Ackley, Swift Fly Fishing, headquartered in Wanaka, New Zealand, manufactures the Epic Fly Rod brand that uses graphite, graphene, and Epic’s proprietary “Fast Glass” composite material to create the rods.
SylvanSport Enters Distribution Partnership with Field & Sports, LLC
Two NC-based outdoor brands have teamed up to give U.S. customers local access to SylvanSports camping trailers with product service support.
National Forest Foundation Names New President & CEO
Dieter Fenkart-Froeschl, in his most recent position, worked for six years as chief operating officer at the National Park Foundation. His appointment as president and CEO takes effect November 1, based in Washington, D.C.
Twiceme Technology Names Chief Marketing Officer
Fredrik Kjellberg joins the Swedish safety solutions company from Mips, the helmet safety system manufacturer, where he was the CMO and helped build the company’s market position.
DSW Parent Cuts FY Guidance as Q2 Profits Shrink
The company saw sustained pressure on challenged categories such as dress and seasonal in the second quarter, but was able to partially mitigate the impact through providing a greater selection of athletic and athleisure brands in the assortment.
Ross Stores Inc. Makes Merchandising Leadership Changes
Karen Fleming was promoted to president and chief merchandising officer at Ross Dress for Less and Karen Sykes was promoted to president and chief merchandising officer at DD’s Discounts, with both moves effective December 1.
Nate Smith Named CEO of Huk and Nomad Outdoor Parent
Smith brings 20 years of executive leadership experience working for consumer-branded omnichannel organizations in apparel, footwear and accessories. He has held senior executive roles at Patagonia and Oakley and, most recently, was president at Boardriders,
Academy Sports and Outdoors Cuts Guidance After Dismal Q2 Results
Sales for the second quarter were said to be more challenging than expected, impacted by a tough economy, a temporary DC backlog related to going live with a new warehouse management system and by a very active storm season across key portions of the retailer’s footprint.
Modern America Campgrounds Expands Portfolio with Connecticut Campground Deal
The largest RV park owner in the Northeast has acquired Lone Oak Campsites in East Canaan, CT, marking its 27th park acquisition in the last 24 months.
Under Armour Cuts Guidance on Expanded Restructuring Cost Expectations
The company has identified approx. $70 million of additional charges, largely related to the decision to exit one of its primary distribution facilities located in Rialto, CA on top of the $70 million to $90 million already planned in connection with its Fiscal 2025 restructuring plan.
