SGB Update Outdoor
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.
Tyrolia Recruits New Director Global Sales And Marketing
Tyrolia, the Austrian ski-bindings manufacturer owned by Head GmbH, has hired Horst Tschida as director global sales and marketing, succeeding Robert Stanzl, who retired after 45 years with the company.
Clarus’ Top Shareholders To Increase Ownership Stakes
The Board of Directors for Clarus Corp. approved the respective requests of two of its largest shareholders, Brown Advisory Inc. and Greenhouse Funds LLP, to increase each of their respective beneficial ownership in Clarus to up to an aggregate of 12.5 percent of the company’s outstanding shares of common stock.
Vista Outdoor Closes Acquisition Of Simms Fishing Products
Vista Outdoor, Inc. announced the closing of its acquisition of Bozeman, MT-based Simms Fishing Products for a purchase price of $192.5 million, which includes a net present value of roughly $20 million in future tax benefits.
AGM Global Vision Opens Distribution Center In Texas
AGM Global Vision, based in Springerville, AZ, is opening a distribution center in Grand Prairie, TX. Due to growth in the thermal and night vision category, plans were discussed to open a larger more industry-central location earlier this year.
Canada Goose Appoints President, China
Canada Goose announced it had hired Larry Li as president, China, effective immediately. Most recently, LI was managing director, China at Dunhill, part of the Richemont Group.
