SGB Update Outdoor
Lifestraw Selects U.S. Outdoor Wholesale Partner
LifeStraw selected Waypoint Outdoor, Inc. as its nationwide master sales rep group for the U.S. outdoor wholesale market.
Report: VF Corp. Looks To Divest Jansport Brand
Bloomberg reported Friday that VF Corp. is considering a sale of its Jansport backpack business, according to people with knowledge of the matter.
Gyroor Recalls E-Bikes
The Consumer Product Safety Commission reported it is working with Gyroor, a Chinese e-bike maker, to recall about 3,000 Gyroor C3 e-bikes because the battery packs could ignite.
Report: Holiday Shopping Seen As Lackluster In Early Season Review
The first two weeks of December did not bring much holiday cheer after a lackluster Black Friday and generally disappointing November results.
Johnson Outdoors Director To Exit Board
Johnson Outdoors, Inc.’s Board Director, William D. Perez, will not stand for re-election to the company’s board of directors during its 2023 Annual Shareholder Meeting.
TenPoint Crossbow Technologies Promotes VP Of Sales
TenPoint Crossbow Technologies reported it promoted Keith Arnold to vice president of sales. He joined the company in early 2019 and previously served as national sales manager and brand manager.
Winnebago Industries’ Q1 Revenues Fall 18 Percent
Winnebago Industries, Inc. reported sales slid 17.6 percent in the first quarter ended November 26 as a steep decline in Towable segment offset growth in Motorhome and Marine segments. Results were still easily ahead of analyst expectations.
November Retail Sales Dip 0.6 Percent
U.S. retail sales fell 0.6 percent in November from October but were up 6.5 percent year-over-year, the Department of Commerce reported. That compares with increases of 1.3 percent month over month and 8.3 percent year-over-year in October, which got a boost from earlier-than-usual holiday shopping driven by concerns that inflation would continue to increase prices.
HLC Expands Sales Rep Coverage
HLC, the U.S. sales agent for Marin Bikes, hired seven outside market development reps to support its brands, IBDs and the cycling community.
Backpacker’s Pantry Hires Director Of Sales
Backpacker’s Pantry, owned by American Outdoor Products, hired Derek Hancock as director of sales.
Ammo, Inc. Hires Chief Operating Officer And President
Ammo, Inc., the owner of GunBroker.com, hired Jared Smith as chief operating officer and president, effective January 3, 2023. Smith, most recently, worked as the general manager for Fiocchi of America.
Bentonville Becomes Headquarters For U.S. National Mountain Bike Team
USA Cycling reported that Bentonville, AR, was selected as the official training site for the U.S. National Mountain Biking Team.
Fenix Outdoor’s Q3 Sales Expand 13 Percent
Fenix Outdoor International reported sales climbed 13.4 percent in the third quarter.
NRF Study Forecasts More Than $816 Billion In Holiday Returns
Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a retail report released by the National Retail Federation (NRF) and Appriss Retail. As retail sales continue to grow, the average rate of return has remained flat at 16.5 percent compared with 16.6 percent in 2021.
REV Group’s Sales Expand 5.7 Percent In Fourth Quarter
REV Group, Inc. reported consolidated net sales in the fourth quarter ended October 31 were $623.6 million, representing an increase of 5.7 percent compared to $589.9 million for the three months ended October 31, 2021.
