SGB Update Outdoor

Stio Hires Vice President Of Sales

Stio hired Alex Brown as vice president of sales to lead the strategy and development of its wholesale and corporate channels.

Report: Kohl’s Gets Bid For Real Estate

Private equity firm Oak Street Real Estate Capital, LLC has reportedly offered to acquire as much as $2 billion in property from Kohl’s Corp.

Salt Life Opens 21st Location

Delta Apparel, Inc. announced it opened a new retail store for its Salt Life brand in Jupiter, FL, marking the brand’s 12th retail location in the state and 21st overall.

DPS Skis Strengthens Product And Marketing Teams With New Hires

DPS Skis has hired Stu Gleason as ski and process engineer and Zach Clayton as global marketing manager to support its product and marketing departments. Harry Brown was added as dealer services manager and Bridger Royce as dealer services coordinator.

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.

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.