SGB Update Outdoor
June Retail Sales Increased Despite Rising Inflation
Retail sales increased in June even as inflation climbed higher and drove up prices across the board, the National Retail Federation said.
Nike Style Store Opens In Seoul
Nike opened its first Nike Style store in the South Korean capital’s Hongdae neighborhood to “serve a distinct sport lifestyle audience through the lens of style, featuring gender-agnostic zones for fleece, tops, footwear, accessories, and other style-led collections.”
Heydude Gets A Brand Refresh
Footwear label Heydude has a “fully revamped brand identity to reach new and existing fans.” Crocs purchased the company for $2.5 billion last December and closed the deal in February 2022.
Recall: Tony Hawk Helmets Sold At Walmart
About 12,655 Tony Hawk helmets sold at Walmart were recalled for safety concerns.
Recall: Westfield Outdoor Tents
About 5,880 Outfitter and Big Horn tents, sold exclusively at Cabela’s and Bass Pro Shops in North America, were recalled.
Alterra Mountain Names New President And COO of Deer Valley Resort
Alterra Mountain Company announced that Todd Bennett had been selected as president and chief operating officer of Deer Valley Resort in Utah, effective August 1, 2022.
American Outdoor Brands’ Quarterly Sales Slump 29 Percent
American Outdoor Brands, Inc. reported sales fell 28.8 percent in the fourth quarter and 10.5 percent in the fiscal year ended April 30.
Lezyne’s Appoints VP, Production And Engineering
Lezyne promoted Worldwide Engineering Manager Terry Cooke to vice president, Production and Engineering. His promotion follows the recent news of the company’s restructured of its sales and marketing teams.
iRayUSA Announces New Hires
iRayUSA, a Texas-based manufacturer of thermal night vision devices, announced the hiring of a chief operating officer, controller, service/warranty technical specialist, and an account manager
Talon Grips Acquires ArachniGrip
Talon Grips, the maker of stick-on gun grips, acquired ArachniGrip, the creator of the SlideSpider patented stick-on grip for the slide.
Alchemy Bikes Moves Headquarters
Alchemy Bikes, the direct-from-fabricator-to-rider business, has relocated its U.S. operations to Golden, CO.
Pradco Outdoor Brands Appoints Director Of Mergers And Acquisitions
Pradco Outdoor Brands announced the appointment of Brett Basik as director of mergers and acquisitions, leading its efforts to acquire new brands and develop new partnerships.
KMD Brands Sees 4 Percent Revenue Growth In Fiscal Year
KMD Brands, the parent of Kathmandu, Rip Curl and Oboz, said it expects total sales for the year ending July 31 to be in the range of $955 million to $965 million, representing a gain of 4 percent compared with $922.8 million a year ago.
Play It Again Sports’ Parent Shows Profit Improvement In Q2
Winmark Corporation, the parent of Play It Again Sports, announced net income for the quarter ended June 25, 2022 of $9.03 million, or $2.54 per share, compared to net income of $8.94 million, or $2.33, in 2021.
Compass Diversified Completes Acquisition Of PrimaLoft
Compass Diversified announced the completion of the company’s previously announced acquisition of PrimaLoft Technologies Holdings, Inc., the parent company of PrimaLoft.
