SGB Update Outdoor
Shoe Show Reports Cyber Security Incident
The retailer reported a cyber security incident involving a Shoe Show employee e-mail account. Shoe Show filed a data breach notice detailing the incident with the Attorney General of Maine, on October 9.
Deloitte Forecasting 8 Percent Bump in 2024 Holiday Season Spending
The firm reported that consumers will bargain shop even if it means choosing value over loyalty. The business advisory firm also sees a ramp up in experience gifting to more than offset flat sales in traditional merchandise.
Megabass of America Appoints Director of Marketing
Megabass of America, the North American arm of Japan’s manufacturer of high-end fishing tackle, hired Patterson Leeth, formerly at Simms, as director of marketing.
Exxel Outdoors Moves Distribution Center to North Mississippi
According to the Chamber of Commerce for Tupelo, the relocation from Reno, NV, to Tupelo, MS, represents a corporate investment of over $2 million and will create at least 40 jobs.
Yamaha U.S. Marine Business Unit Rebrands Kracor Division; Names GM
Yamaha U.S. Marine Business Unit has renamed Kracor, a Yamaha Marine Systems Company, Inc. (YMSC) division, to Yamaha Marine Rotational Molders and is officially doing business under the new name. The company named John G. Augustiniak as the general manager.
Jones Snowboards Expands Re-Up Recycling Program
The company is expanding its Re-Up recycling program, launched in 2023, to include snowboard trade-in and resale. Snowboarders who trade in used Jones boards will receive a credit to purchase a new one with free shipping.
FireDisk Cookers Appoints Exclusive Sales Rep Firm
The company has tapped Commercial Sales and Marketing as its exclusive representative to target the hardware, sporting goods and grocery markets.
Astral Appoints Head of B2B Sales
As head of B2B Sales, Christian Mason will strengthen long-term relationships with key partners for Astral and optimize sales performance across all branded product.
NRF Sees 2024 Holiday Selling Season Growth Lowest Since 2018
“Household finances are in good shape and an impetus for strong spending heading into the holiday season, though households will spend more cautiously.” – NRF Chief Economist Jack Kleinhenz.
B2B Inventory Marketplace Raises $40M in Funding Round
The private b2b marketplace for worldwide brands to sell surplus inventory to new buyers, raised $40 million in Series C funding led by L Catterton with participation from existing investors.
Bootdoc Hotronic Expands Team with New Hires
Jay Vasquez was hired as a sales and product manager, working collaboratively with company Sales Director Ryan Eittreim. Robert Jones joins the company’s customer service team.
Winnebago Brand’s Towable RV Division Finds New Leader
Effective November 1, Don Clark, president of Grand Design RV, will be promoted to group president of the company’s Towable RVs division while continuing to lead the Grand Design RV brand. The company’s will remain separate to stay competitive.
FeatherSnap Moves to Brick-and-Mortar Retail
Wi Fi enabled smart bird feeders include advanced camera technology with ornithologist-trained AI to watch birds feed from anywhere worldwide. The equipment also captures high-res photos and videos.
Report: Inflation Likely to Restrain Sales on Black Friday/Cyber Monday
A recent YouGov report report found that U.S. consumers expect to spend less during these iconic shopping days, with 27 percent planning to spend less and just 9 percent increasing their spend from last year.
Walmart U.S. Appoints Chief Growth Officer
Seth Dallaire, the retailer’s chief revenue officer, was named chief growth officer for Walmart U.S. Walmart’s U.S. Chief Product Officer, Jon Alferness, is leaving the company, but will work in an advisory role through the end of the year.
