SGB Update Outdoor
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.
Dick’s Sporting Goods Boosts 2022 Outlook As Q2 Tops Analyst Targets
Dick’s Sporting Goods reported second-quarter earnings and revenue that topped Wall Street estimates. The retailer raised its full-year EPS guidance and also increased the low end of its full-year comparable store sales guidance. Ed Stack, executive chairman, said in a statement, “The state of our industry is strong, and we remain in a great lane.”
Sportsman’s Warehouse Adds Board Member
Sportsman’s Warehouse Holdings, Inc. appointed Nancy Walsh as an independent Class III director to its Board of Directors and a member of its Audit and Compensation Committees.
X-Vision Optics Appoints National Sales And Marketing Manager
X-Vision Optics, a Red Wing Gear Company, hired Rick Alsen as national sales and marketing manager.
