SGB Update Outdoor
Winnebago Delivers 39 Percent Growth In Second Quarter
Winnebago Industries, Inc. reported strong earnings gains in the second quarter ended February 26 as sales grew 39 percent, including organic growth of 29 percent.
Kathmandu Parent Sees Slight Sales Decline In First Half
KMD Brands, formerly Kathmandu Holdings Limited, reported sales dipped 0.8 percent in the six months ended January 31. The second quarter showed a positive rebound following Q1 COVID lockdown impacts on Kathmandu and Rip Curl in Australasia. Oboz’s sales were impacted by COVID closure of Vietnam factories.
Anta Sports’ Sales Grew 39 Percent In 2021
Anta Sports reported sales for the year ended December 31 vaulted 38.9 percent to RMB49.32 billion ($7.74 bn). Sales for Amer Sports were up 18.1 percent.
Dexter Acquires HiSpec Wheel And Tire
DexKo Global, Inc. announced that its wholly-owned subsidiary, Dexter Axle Company, acquired HiSpec Wheel & Tire, Inc., located in Mishawaka, IN.
Rumpl Strengthens Leadership Team With New Hires
Blanket brand Rumpl has hired David Visnack as vice president, product and marketing, and Ellyn Craven as vice president of finance.
Macy’s Expands Backstage Store-Within-Store Concept
Macy’s announced plans to expand its store-within-store Backstage locations across the U.S. beginning April 9 through June 2022 with 37 new locations nationwide.
Canada Goose Accelerates Expansion Of Japanese Market
Canada Goose Holdings Inc. and longstanding partner Sazaby League Ltd. have entered into an agreement to create the joint venture Canada Goose Japan, with plans to accelerate DTC expansion, including retail stores.
Nosler Retains Canadian Distribution
Nosler, Inc. the manufacturer of bullets, ammunition, cartridge cases, firearms, and suppressors, announced that it has hired Northern Exposure Sporting Group to provide sales representation and merchandising support in Canada.
Merrell Appoints Chief Merchant Officer
Merrell, which is part of Wolverine Worldwide, announced that Sumi Scott was hired as its chief merchant officer.
Kohl’s Confirms Buyout Interest From ‘Multiple’ Parties
Kohl’s Corp. acknowledged receipt of multiple preliminary indications of interest in acquiring the company. The proposals received are non-binding and without committed financing.
The Renewal Workshop Acquired By Bleckmann
The Renewal Workshop, based in Cascade Locks, OR, has been acquired by Dutch logistics company Bleckmann.
Accelerated Systems Appoints Director Of Sales, E-Mobility
Accelerated Systems, Inc. (ASI) has hired Adam Micklin as director of Sales, E-Mobility.
L.L.Bean Sees 14 Percent Revenue Gain In 2021
L.L.Bean announced the close to its 2021 fiscal year, with annual net revenue totaling $1.8 billion, with a 14 percent increase over 2020. The performance marked one of the most successful years in its history.
Orvis Hires Vice President, Conservation And Sustainability
Orvis announced it hired outdoor industry veteran Laura Schaffer to the newly created position as vice president, conservation and sustainability
Specialized Founder Steps Down From CEO Role
Scott Maguire has replaced Specialized founder Mike Sinyard as CEO. Sinyard, who founded Specialized 48 years ago, assumes the role of founder, chairman and chief rider advocate.
