SGB Update Outdoor
Amazon Freezes Corporate Hiring In Retail Segment
Amazon has halted all corporate hiring for its retail business through the end of 2022, according to an internal announcement obtained by The New York Times.
REI To Permanently Close On Black Friday
REI Co-op announced it would permanently close all its stores, including its distribution centers, activity centers, call centers, and headquarters on Black Friday; however, it is accepting customer online orders at REI.com, with order processing and fulfillment not beginning until the day after Black Friday.
Clarus Board Approves Share Purchases By Thrivent Asset Management
Clarus Corporation’s Board of Directors approved Thrivent Asset Management, LLC’s move to increase its beneficial ownership in Clarus up to an aggregate of 9.9 percent of the company’s outstanding common stock.
Academy Sports Opens New Store In Indiana
Academy Sports + Outdoors will officially open a new store in Jeffersonville, IN, located at 1600 Veterans Pkwy, in the Jeffersonville Town Center, on October 7.
Karl’s Fishing & Outdoors Opens Second Retail Store At Mall Of America
Karl’s Fishing & Outdoors opened its second brick-and-mortar storefront at the Mall of America in Bloomington, MN. The 2,000-square-foot space follows the recent opening of its first store location in Fort Worth, TX.
Remington Enters Apparel Licensing Partnership With Ganka
Remington Ammunition has officially partnered with Ganka, Inc., an outdoor clothing and accessories distributor, as a new licensee. The partnership is designed to provide apparel and footwear to hunters, hikers and outdoorsmen.
Gravity Haus Acquires Ptarmigan Inn
Gravity Haus has acquired a fifth property, its fourth hotel in Colorado, with the purchase of The Ptarmigan Inn. The company said it would also expand its membership offering in Steamboat Springs, CO.
Sea To Summit Hires General Manager For EMEA
Sea to Summit announced it hired David Ledouble as general manager for Europe, the Middle East and Africa.
NRF Report: Consumers Continue To Spend Despite Inflationary Worries
Consumers continue to worry about high inflation and the Federal Reserve interest rate hikes intended to bring inflation down, but neither has stopped them from spending, according to the National Retail Federation Chief Economist Jack Kleinhenz.
Specialized Appoints Chief Marketing Officer
Specialized has appointed David Schriber, formerly with Nike, Burton, and Masterclass, as chief marketing officer.
Rocky Sells Neos To SureWerx
Rocky Brands Inc. announced that it has sold Neos Overshoe to SureWerx, a manufacturer of safety, tool & equipment products. Terms were not disclosed.
Headwear Brand Martha Expands U.S. Operations, Hires Sales Manager
Martha, the sustainably-focused headwear brand based in Argentina, hired Albert Shim as sales manager to expand its U.S. business, having entered California in 14 stores.
TenPoint Crossbows Announces Promotion Of Third-Generation Execs
TenPoint Crossbows, based in Mogadore, OH, promoted Phil Bednar to president and CEO and Steve Bednar to executive vice president and COO of the company (Hunter’s Manufacturing Co., Inc. dba TenPoint Crossbows).
American Outdoor Brands Launches Stock Buyback Program
American Outdoor Brands, Inc.’s Board of Directors approved the immediate repurchase of up to $10 million of the company’s outstanding common stock through September 2023.
Hawke Optics Adds U.S. Marketing Manager
Hawke Optics promoted Paige Shipe to U.S. marketing manager in preparation for its most extensive marketing campaign into 2023.