SGB Update Outdoor
Ammo, Inc. To Open Ammunition Manufacturing Plant
Ammo, Inc. will open its manufacturing plant, located at 6311 West Custer Street in Manitowoc, WI, on September 22.
Sportsman’s Warehouse’s Q2 Comps Drop 9.4 Percent
Sportsman’s Warehouse Holdings Inc. reported earnings declined 22.5 percent on an adjusted basis in the second quarter as sales retreated 9.4 percent. Results exceeded the high end of guidance.
Lululemon Hikes Outlook As Q2 Comps Jump 23 Percent
Lululemon Athletica, Inc. raised its outlook as sales and earnings in the second quarter easily topped the company’s guidance. Lululemon’s earnings on an adjusted basis grew 33 percent as a comp gain of 23 percent offset gross margin pressures.
Prana Hires VP Of Marketing From Nike
Prana, a subsidiary of Columbia Sportswear, hired Brianna Showell as vice president of marketing.
Clarus Issues Statement On Recent Stock Volatility
Clarus Corporation released a statement acknowledging the recent market volatility in the trading of shares of its common stock and related derivatives as well as the unauthorized purchases of common stock by Parallax Volatility Advisers.
Rapala Warns Of Profit Drop As Fishing Market Softens
Rapala VMC Corp., the manufacturer of fishing lures and other fishing-related products based in Helsinki, updated its full outlook for the year and now expects operating profits to decline “significantly below” previous year levels.
Otis Technology Announces Sales Team Promotions
Otis Technology, the maker of gun cleaning systems, announced several promotions within the sales organization.
Patagonia To Open Store In Baltimore
Patagonia, Inc. will open its first store in Baltimore, MD, next month.
VF Corp. Undergoes Layoffs
VF Corp. announced Tuesday in an internal e-mail that it has eliminated about 600 office-based positions at the company, including 300 current workers and 300 open positions, according to the Denver Business Journal.
Patagonia Executive Leads Eileen Fisher
Eileen Fisher, the women’s apparel brand, hired Lisa Williams, the former chief product officer at Patagonia, as CEO, replacing founder Eileen Fisher.
Ibex Adds Sales Representation In Rockies And Intermountain West
Ibex, the merino wool apparel and accessories manufacturer, has hired Black Dog Sales Group to manage sales in the Rockies and Intermountain West and to continue the brand’s expansion into retail.
REI Co-Op Appoints Board Members
REI appointed Dr. Michael McAfee and Jim Murren to its board of directors.
OIA Elects Two Returning And Two First-Term Board Members
The Outdoor Industry Association (OIA) announced that two returning board members and two new incoming members would officially take seats on the board at its September meeting.
Boating Season Expected To Extend Into Fall 2022
According to an online survey of Boat Owners Association of The United States (BoatUS) members across the U.S., 65 percent said they plan to go boating this Labor Day weekend. Almost 80 percent of respondents said they welcome lower gas prices and plan to extend their boating season into the fall.
Dick’s SG Expands Resale Partnership With SidelineSwap
Dick’s Sporting Goods expanded its partnership with SidelineSwap to offer 50 new trade-in events in seven states through 2022.
