SGB Update Outdoor
Specialized To Begin Selling Direct To Consumers
Specialized Bicycle Components announced it would begin direct online sales of its bikes to U.S. consumers on February 1.
Canyon Bicycle Appoints CEO
Canyon Bicycle appointed former Nike executive Nicolas De Ros Wallace as its new CEO.
Outdoor Cap Promotes Harris As President
Outdoor Cap announced that it had promoted its chief sales officer, Jeanelle Harris, to president of the company immediately. Harris succeeds Jim Haworth, who announced his upcoming departure to serve as Executive Chairman to NOW Diagnostics, a health testing company.
VF’s Q3 Earnings Tops Wall Street’s Targets, Sales Jump 22 Percent
VF Corp. reported earnings on an adjusted basis rose 45 percent in the third quarter ended December 31 and topped Wall Street’s estimates. Sales grew 22 percent led by 28 percent growth at The North Face. Sales grew 8 percent at Vans, 11 percent at Timberland, and 4 percent at Dickies. VF reaffirmed its EPS outlook for the fiscal year while slightly lowering its sales outlook due to lowered growth expectations at Vans.
Boot Barn Q3 Sales Surge 71 Percent
Boot Barn Holdings, Inc. reported earnings more than doubled in the third quarter ended December 25 on a 71 percent revenue gain when compared to the 2019 third quarter.
Emerald Releases First B2B Events Research Report
Emerald Holding released its first annual research report reflecting the changing expectations influencing and shaping the future of the B2b events industry.
Decathlon To Close Its Last Two U.S. Stores
French sporting goods retailer Decathlon plans to close its last two stores in the U.S.(San Francisco and the East Bay), effective March 15.
Nester Hosiery Announces Key Promotions
Nester Hosiery promoted Chris Nitzsche to general manager of licenses and Matt Brucker to general manager of brands, including Farm to Feet. Anna Draughn was promoted to director of merchandising.
NPD Announces U.S. Outdoor Sports Retail Performance Awards
The NPD Group announced the winners of its second annual Outdoor Sports Retail Performance Awards. According to NPD Retail Tracking Service data*, the awards acknowledge the fastest-growing brands in the U.S. outdoor and snow specialty retail markets based on in-store and e-commerce sales revenue.
NSSF Retailer Surveys Find 5.4 Million First-Time Gun Buyers In 2021
The National Shooting Sports Foundation (NSSF) found that at least 5.4 million people purchased a firearm for the first time in 2021. Nearly 30 percent of all firearm purchases in 2021 were sold to new gun owners, based on NSSF retailer surveys and adjusted National Instant Criminal Background Check System (NICS) background checks.
La Jolla Group Names New CEO
La Jolla Group Inc. (LJG) announced that Michael Pratt, chief financial officer and SVP strategy, has been promoted to chief executive officer. Daniel Neukomm, CEO since May 2013, will now assume the role of executive chairman.
Unifi Announces Second Quarter Fiscal 2022 Results, Achieving Strong Sales
Unifi, Inc., makers of Repreve, reported sales grew 23.7 percent in the fiscal second quarter ended December 26.
Adidas Plans More Than 2,800 New Hires In 2022
Adidas said it plans to hire more than 2,800 employees in 2022, including more than 800 in its home country of Germany.
Trijicon Names VP Sales And Marketing
Trijicon, Inc., a provider of aiming solutions for the hunting, shooting, military, and law enforcement markets, announced John Trull as vice president of sales and marketing. Most recently, he held the position of vice president of product management-ammunition, Vista Outdoor.
Signa Sports’ Sales Expand 24 Percent In Fiscal Year
Signa Sports United (SSU), the Berlin-based sports e-commerce and technology platform, reported sales grew 10 percent in the fourth quarter and 24 percent in the fiscal year ended September 30.
