SGB Update Outdoor
Wolverine Worldwide’s Sales Jump 25 Percent In Fourth Quarter
Wolverine Worldwide reported adjusted earnings in the fourth quarter nearly doubled as sales grew 25 percent. Results were slightly ahead of Wall Street targets. Sales grew 35 percent for 2021 and are expected to expand in the range of 15 to 18 percent in the current year.
Primary Arms Optics Appoints U.S. Field Sales Manager
Primary Arms Optics has announced the promotion of Jeff Scheider to the role of U.S. field sales manager.
Prestacycle Appoints VP Of Marketing
Prestacycle, the bicycle tools and components brand announced that Brandon Hirokawa is its new director of marketing and strategic development.
Camping World Announces 25 Percent Regular Dividend Increase
Camping World Holdings, Inc. announced that its Board of Directors has increased the company’s quarterly dividend by 25 percent.
Camping World Collaborates With Eddie Bauer
Camping World Holdings, Inc. announced a partnership with Authentic Brands Group (ABG) to launch a line of towable and motorized RVs under the Eddie Bauer name, as well as expand Eddie Bauer assortments across its store base and online.
Elevate Outdoor Appoints Global Marketing Director
Elevate Outdoor Collective, formerly K2-MDV Holdings, has appointed Max Kalbfell as global marketing director. Kalbfell’s area of responsibility focuses on the company’s three brands—Völkl, Marker and Dalbello.
Escalade’s Q4 Sales Dip 1.8 Percent
Escalade, Inc. reported fourth-quarter sales were slightly below year-ago levels due to supply chain disruptions; however, sales were well above sales levels from the fourth quarter of 2019.
FortNine Acquires Defender Industries
FortNine, Canada’s e-commerce platform for motorbikes, dirt bikes, ATVs, snowmobiles, and other power sports equipment, accessories and parts announced, in partnership with Novacap, the acquisition of Defender Industries, Inc., the dealer of marine products.
Mystery Ranch Undergoes Leadership Change
Mystery Ranch’s founders Dana Gleason and Renée Sippel-Baker will pass the baton of senior leadership and assume roles as Board of Directors. Alex Kutches, the long-time VP of sales and marketing, will assume the role of president.
Signa Sports United Appoints VP Of Bike, North America
Signa Sports United announced the appointment of Hap Seliga, a founder, executive and advisor in the cycling industry, as head of its North American bike operations.
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.
