SGB Update Outdoor
Winnebago Sees 14 Percent Growth In Fourth Quarter
Winnebago Industries reported sales rose 13.8 percent in the fourth quarter and 36.6 percent in the fiscal year ending August 27. Quarterly sales and earnings exceeded Wall Street’s targets.
Yakima Partners With Meyer Distributing To Amplify Aftermarket Automotive Opportunity
Yakima has entered into a new partnership with Meyer Distributing, the distributor of specialty automotive parts to retailers and dealers, with which it had a previous relationship, offering Yakima products to Meyer’s network of retailers.
Twisted X Names Senior Director Of Sales
Twisted X Global Brands, the manufacturer of Western footwear, announced it promoted Clayton Smith to senior director of sales.
The Sustainable Apparel Coalition Makes Hires
The Sustainable Apparel Coalition hired Lee Green as senior director marketing and communications and Nadia York, as chief of staff.
Vasque Adds Three Hires In Product, Merchandising And Sales
Vasque Footwear announced it added new hires in its product, merchandising and sales departments, including Brandon Gough as North American sales manager, Jess Sandrin as product line merchant and Scott Kendall as footwear designer.
Sorel’s Headquarters Moving To Washington County
Columbia Sportswear announced its Sorel brand is moving its headquarters in early 2023 to a single-use building on the company’s Washington county campus. Currently, Sorel’s headquarters are located in downtown Portland, OR.
REI To Open Store In Huntington, NY In Summer 2023
REI Co-op will open a new store in Huntington, NY, in the summer of 2023, the retailer’s seventh location in the Tri-State region.
Wahoo Fitness’ Debt Ratings Downgraded Again
Moody’s Investors Service downgraded Wahoo Fitness Acquisition, LLC, reflecting the bike training manufacturer’s “material underperformance” relative to Moody’s previous expectations and the elevated risk of default.
American Outdoor Brands Files Infringement Complaint Against GSM
American Outdoor Brands, Inc., on September 23, filed a complaint against Good Sportsman Marketing, LLC (GSM), alleging that GSM’s use of the Lead Sled, Tackdriver and Dead Shot marks constitutes trademark counterfeiting and trademark infringement.
REI Hires Vice President, Physical Stores And Retail Operations
REI Co-op hired Mary-Farrell Tarbox, effective October 24, as vice president, physical stores and retail operations.
Chums Makes Marketing Hires
Chums said it hired Ben Falkson as marketing director and that Maddy Garfolo had taken on the newly created marketing manager role.
Sea To Summit Partners With Adventure Labworks To Represent Brand
Sea to Summit, the manufacturer of omni-terrain outdoor gear headquartered in Western Australia, hired Adventure Labworks to represent the brand effective immediately.
Colt CZ Group Acquires Remaining Stake in Spuhr I Dalby
Colt CZ Group SE announced that it finalized the acquisition of the remaining 75 percent stake in its Swedish subsidiary Spuhr i Dalby AB.
Moody’s Changes VF Corp.’s Debt Rating Outlook To Negative
Moody’s Investors Service changed VF Corp.’s outlook to negative from stable, reflecting the company’s weaker-than-expected near-term operating performance expectations, increasingly challenging operating environment and higher-than-expected debt levels.
Year-Over-Year Retail Sales Growth Continues In September
The U.S. Census Bureau said overall retail sales in September were unchanged from August but up 8.2 percent year-over-year. That compared with increases of 0.4 percent month-over-month and 9.4 percent year-over-year in August.
