SGB Update Outdoor
Lands’ End Announces CEO Succession Plan
Lands’ End, Inc. announced that Andrew McLean, president, International, at American Eagle Outfitters, would join Lands’ End as CEO-designate and as a member of its Board on November 1, 2022.
SylvanSport Expands Engineering Team
SylvanSport, the Brevard, NC-based maker of camping trailers, rooftop tents and outdoor gear, announced it hired Brandon Miller as engineering director and VAST specialist to oversee its Engineering Department and procedures.
Western Mountain Destinations See Increased Bookings During August
The combination of strong rates and an uptick in bookings has bolstered western mountain destinations’ chances for a strong end-of-summer finish and laid a good foundation for the upcoming winter ski season, according to DestiMetrics.
Recall: Cervélo Bikes
Cervélo recalled about 2,043 model year 2022 R5 and Caledonia-5 bicycles and 182 ST31 LT replacement stems because the bike’s handlebars could slip in the stem and cause the rider to lose control.
August Retail Sales Supported By Job And Wage Gains Amid Continued Inflation
The National Retail Federation reported core retail sales, which excludes automobile dealers, gasoline stations and restaurants, grew 0.1 percent in August from July and were up 8 percent unadjusted year-over-year. Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices, the NRF said.
Eddie Bauer Partners With Itochu For Japan Expansion
Authentic Brands Group entered into a new partnership with Itochu to grow the Eddie Bauer business in Japan.
5.11 Tactical Opens 100th Store
5.11 Tactical, a subsidiary of Compass Diversified, will open its 100th store in Oxnard, CA, on September 17, 2022.
Mastercard: U.S. Holiday Sales Expected To Grow 7.1 Percent
U.S. retail sales, excluding automotive, are expected to increase 7.1 percent year-over-year this holiday season, according to the Mastercard SpendingPulse annual holiday forecast.
Rab, Lowe Alpine Names National Sales Manager
Rab and Lowe Alpine hired Peter McConkie as national sales manager. He was the national sales manager for Vasque Footwear.
Everlane Secures Financing
Everlane, Inc., the retailer of sustainable apparel, accessories and footwear, has secured a $65 million revolving credit facility.
Skechers Senior Vice President, Domestic Sales, To Retire
After nearly three decades with Skechers, Senior Vice President of Domestic Sales Rick Graham announced his retirement. Pete Calichman will replace Graham.
Primary Arms Hires VP of E-Commerce And Inbound Marketing
Primary Arms hired Kody Staples as vice president of e-commerce and inbound marketing. In this position, Staples will oversee Primary Arms’ digital sales channels and e-commerce marketplaces.
Railroad Strike Averted After Tentative Deal Reached
Railroads and workers’ unions reached a tentative labor agreement early Thursday, averting a national rail strike that threatened to shut a major segment of the U.S. transportation network.
Thread Forms Advisory Board
Thread, the manufacturer of wallets, bags, lanyards, snowboard, skate and surf accessories, announced it formed an advisory board.
Patagonia’s Next Chapter
Patagonia announced new ownership today, nearly 50 years since Yvon Chouinard founded the business. Effective immediately, the Chouinard family has transferred ownership to two new entities—Patagonia Purpose Trust and the Holdfast Collective, with every dollar that is “not reinvested back into Patagonia be distributed as dividends to protect the planet.”
