SGB Update Outdoor
Camping World Announces Deal To Acquire Bowling RVs In Iowa
Camping World Holdings, Inc. announced an agreement to acquire Bowling RVs in Ottumwa, IA. The acquisition is anticipated to close next month and will be the company’s fourth location in the state.
Yeti’s Q4 Results Top Analyst Expectations
Yeti, Inc. reported profits on an adjusted basis rose 19 percent in the fourth quarter on January 2 on an 18 percent revenue gain. The cooler-maker became the latest vendor to warn about supply-chain headwinds for 2022. Sales for 2022 are expected to increase between 18 percent and 20 percent, with growth weighted toward the second half.
January Retail Sales Overcome Omicron And Inflation To Show Strong Gains
Retail sales powered through COVID-19’s Omicron variant, inflation and other challenges to post strong increases in January, the National Retail Federation said.
Brooklyn Bicycle Announces First Australian Distribution Partner
Brooklyn Bicycle Co. announced that it has partnered with The Bike Collective, an Australian bike distribution company that sells bikes and accessories to independent bike shops in Australia.
Trek Bicycle Buys Wisconsin Off Road Series
Trek Bicycle has purchased Wisconsin Off Road Series (WORS). With Don Edberg’s recent retirement, Trek has stepped in to manage the series and build growth.
Kamik Appoints New CEO
Kamik hired Gillian Meek as CEO. Meek brings over 20 years of experience to the Canadian footwear brand, including most recently serving as president of Keds.
Sandy Hook Families Announce $73 Million Settlement With Remington
The families of five children and four adults killed in the 2012 Sandy Hook Elementary School shooting reached a $73 million settlement with the now-bankrupt gun manufacturer Remington and its four insurers. The settlement could open the door to more lawsuits seeking to hold gun companies liable for mass shootings.
Speedsleev Acquired By Roam Investment Group
Roam Investment Group, based in Easton, PA, has acquired Speedsleev, the maker of minimalist saddle bags and handlebar bags.
Hobie Appoints VP Global Sales
Hobie has appointed Kelley Woolsey as vice president of global sales, service, and marketing.
Kohl’s Plans 400 Additional Sephora At Kohl’s Shops
Kohl’s Inc. announced the list of the 400 stores that will be adding Sephora at Kohl’s shops this year. The addition of 400 stores brings the Sephora at Kohl’s location total to 600 and puts the partnership on track to meet its 850 store goal by 2023.
Johnson Outdoors Appoints VP Of Global Operations And Supply Chain
Johnson Outdoors, Inc. announced the selection of Terry Troutman as vice president, global operations and supply chain. Troutman will report to Helen Johnson-Leipold, CEO, Johnson Outdoors and hold a seat on the company’s executive committee.
XS Sights Appoints Marketing and Sales Engineer
XS Sights promoted longtime employee Monte Long to marketing and sales engineer.
Kathmandu Shows Improving Trend In Second Quarter
Kathmandu Holdings Ltd provided an update for its first half through January 31. Sales at the Kathmandu chain rebounded in the second quarter, and Rip Curl improved modestly while Oboz is being impacted by supply chain disruption.
Exhibitors Threaten To Boycott Outdoor Retailer Show If It Returns To Utah
A conservation group and two dozen outdoor recreation companies, including Patagonia, REI and The North Face, announced Monday that they would boycott the Outdoor Retailer trade show if it moved from Denver, CO back to Salt Lake City, UT. The group accused Utah’s leaders of trying to remove protections for national monuments and public lands.
Lodgings Slow In Western Mountain Destinations
According to Destrimetrics Monthly Market Briefing Report, momentum for the holiday season at Western mountain resorts turned cool in early January as a surge in Omicron variant cases had consumers hitting the pause button on short-lead bookings.
