SGB Update Outdoor
Ammo’s Top Investor Seeks Board Control, Nominates Seven New Directors
Ammo, Inc.’s largest investor, Urvan Group, wants to take control of the ammunition manufacturer’s Board and boost the firm’s profit through growth in e-commerce of firearms, outdoor sporting and related goods.
Huish Outdoors Named Distributor For Suunto North America And Caribbean
Huish Outdoors announced its latest partnership with Suunto to distribute the Suunto Outdoor line in the U.S., Canada and the Caribbean.
Revved Industries Names President And CEO
Revved Industries, a provider of thermoplastic carbon technology to the bike industry, named Rob Wesson as president and chief executive officer.
Camping World Acquires Clear Creek RV Center Dealerships
Camping World Holdings, Inc. continues to expand its footprint in Western Washington after signing an agreement to acquire the Clear Creek RV Center dealerships located in Silverdale and Puyallup, WA.
REI Employees Vote To Unionize At Berkeley Store
Employees at REI’s Berkeley, CA, location voted to become the chain’s second unionized store. Earlier this year, REI’s store in Manhattan unionized.
Dick’s House of Sport To Open In Upstate New York
Dick’s Sporting Goods plans to open a Dick’s House of Sport location at the Oakdale Mall in Johnson City, NY. The 140,000-square-foot location is expected to be the retailer’s largest.
KOA Reports 25M Households Plan To Camp Over Labor Day Holiday
The Kampgrounds of America (KOA) Monthly Research Report, August Edition, indicates that just over 25 million households plan to camp over the Labor Day Holiday. Continuing the camping demand, KOA’s annual North American Camping Report, released in April, forecasted a strong shoulder season.
Ammo, Inc. CEO Letter To Shareholders Outlines Separation Of Company Segments
Ammo, Inc. provided a letter to shareholders from CEO Fred Wagenhals to provide further insight regarding the company’s previously announced plan to separate its ammunition and marketplace segments into two independent publicly-traded companies.
Outdoor Industry Association Names Interim Executive Director
The Outdoor Industry Association (OIA) Board of Directors named Kent Ebersole as interim executive director during the organization’s search for a permanent executive director, following the resignation of Lise Aangeenbrug earlier this month.
Hibbett’s Q2 Misses Analyst Estimates
Hibbett Inc. reported second-quarter results that came in below Wall Street’s targets as the chain was impacted by delayed back-to-school sales and high freight costs. Same-store sales declined 9.2 percent in the quarter. The retailer still maintained its EPS guidance for the year.
Peak Ski Company Hires Senior Director Of Skiing And Product Innovation
Peak Ski Company, based in Bozeman, MT, hired Chris Davenport as senior director of skiing and product innovation. Earlier this year, Co-Founders Bode Miller and Andy Wirth launched the company and its 2022/23 performance lineup of Peak by Bode Miller alpine skis.
Nordstrom Slashes EPS Outlook As Traffic Slows
Nordstrom, Inc. significantly reduced its EPS guidance for the year due to a decline in customer traffic beginning in late June, mainly at Nordstrom Rack, and expectations that promotions would be required to clear elevated inventories in the second half.
Stewart Surfboards Adds New Licensee And Distributor For Europe
California-based Stewart Surfboards retained Sample N Co., the French-based distribution company, as a licensee and distributor for Europe. Sample N Co. has been licensing, distributing and selling surf and outdoor brands in Europe for the past ten years.
Academy Sports + Outdoors Opens 12th Store In Atlanta
Academy Sports + Outdoors opened its newest store in Atlanta, GA, its 12th location in the metro area and 20th in the state. Georgia. The 50,200 square-foot store is located at 130 Perimeter Center West in the Perimeter Square Shopping Center.
Camping World Promotes Wintrow To Senior Vice President, Field Operations
Camping World Holdings, Inc. has promoted Brenda Wintrow to senior vice president, field operations.
