SGB Update Outdoor

Camping World To Expand In Eleven Markets By End Of 2022

Camping World Holdings, Inc. announced plans for the continued expansion of its RV sales and service network through the completion of eleven new dealership locations in seven states by the end of 2022. This comes following the company’s acquisition of Richardson’s RV Centers in California announced last week.

Sportsman’s Warehouse Appoints Chief Merchant

Sportsman’s Warehouse Holdings, Inc. announced it has hired Sherry Jane Love as senior vice president of merchandising. Love will be responsible for the company’s omni-channel merchandising business and private brand development.

Hibbett Reiterates FY Guidance After Challenging First Quarter

Hibbett Inc., as expected, reported first-quarter results well below year-ago levels that were also just short of Wall Street’s consensus targets. Hibbett said results were in line with internal plans while reiterating full-year guidance. Comps were down 18.9 percent year over year but ahead 22.9 percent against the pre-pandemic first quarter of 2019.

Amazon Style Opens In Los Angeles

Last January, Amazon announced it planned to open physical retail stores. On Wednesday, May 25, the retailer opened its first store, Amazon Style, in the Glendale area of Los Angeles. 

BikeExchange CEO Resigns

BikeExchange Limited, based in Melbourne, Australia, said Mark Watkin has resigned as global CEO of BikeExchange, effective immediately.

JD Sports Founder And Chairman Steps Down

J.D. Sports Fashion Plc announced that due to an ongoing review of its internal governance and controls, it is accelerating the separation of the roles of chair and CEO. As a result, Peter Cowgill, executive chairman, will step down effective immediately.

On Appoints Board Member

On, the Swiss running brand, announced the election of Dennis Durkin as an additional independent member of its Board of Directors.

Alterra Mountain Company Announces CEO Transition

Alterra Mountain Company announced that Jared Smith, company president, will be promoted to CEO effective August 1, 2022. At that time, Rusty Gregory, the current CEO, will step back from day-to-day operations to become its board vice-chairman.

Dick’s SG Lowers FY Guidance Despite Q1 Beat

Dick’s Sporting Goods reported earnings and sales in the first quarter topped Wall Street expectations but reduced its guidance for the year due to “macroeconomic” challenges.