SGB Update Outdoor
Snow Peak Acquires Majority Stake in Swift Fly Fishing Co.
Founded by Carl McNeil and Jeanie Ackley, Swift Fly Fishing, headquartered in Wanaka, New Zealand, manufactures the Epic Fly Rod brand that uses graphite, graphene, and Epic’s proprietary “Fast Glass” composite material to create the rods.
SylvanSport Enters Distribution Partnership with Field & Sports, LLC
Two NC-based outdoor brands have teamed up to give U.S. customers local access to SylvanSports camping trailers with product service support.
National Forest Foundation Names New President & CEO
Dieter Fenkart-Froeschl, in his most recent position, worked for six years as chief operating officer at the National Park Foundation. His appointment as president and CEO takes effect November 1, based in Washington, D.C.
Twiceme Technology Names Chief Marketing Officer
Fredrik Kjellberg joins the Swedish safety solutions company from Mips, the helmet safety system manufacturer, where he was the CMO and helped build the company’s market position.
DSW Parent Cuts FY Guidance as Q2 Profits Shrink
The company saw sustained pressure on challenged categories such as dress and seasonal in the second quarter, but was able to partially mitigate the impact through providing a greater selection of athletic and athleisure brands in the assortment.
Ross Stores Inc. Makes Merchandising Leadership Changes
Karen Fleming was promoted to president and chief merchandising officer at Ross Dress for Less and Karen Sykes was promoted to president and chief merchandising officer at DD’s Discounts, with both moves effective December 1.
Nate Smith Named CEO of Huk and Nomad Outdoor Parent
Smith brings 20 years of executive leadership experience working for consumer-branded omnichannel organizations in apparel, footwear and accessories. He has held senior executive roles at Patagonia and Oakley and, most recently, was president at Boardriders,
Academy Sports and Outdoors Cuts Guidance After Dismal Q2 Results
Sales for the second quarter were said to be more challenging than expected, impacted by a tough economy, a temporary DC backlog related to going live with a new warehouse management system and by a very active storm season across key portions of the retailer’s footprint.
Modern America Campgrounds Expands Portfolio with Connecticut Campground Deal
The largest RV park owner in the Northeast has acquired Lone Oak Campsites in East Canaan, CT, marking its 27th park acquisition in the last 24 months.
Under Armour Cuts Guidance on Expanded Restructuring Cost Expectations
The company has identified approx. $70 million of additional charges, largely related to the decision to exit one of its primary distribution facilities located in Rialto, CA on top of the $70 million to $90 million already planned in connection with its Fiscal 2025 restructuring plan.
Are We Headed for More Inventory Overhang as Retailers Bring Goods in Early?
If the forecasts prove correct, 2024 will have seen a seven-month stretch of import levels at or above 2 million TEU, the longest since a 19-month stretch through September 2022, as retailers pull shipments forward for fear of a port strike.
Alterra Mountain Company Names New President & COO at Palisades Tahoe
Amy Ohran comes to Palisades Tahoe as president and COO with nearly 35 years of experience in the snow sports industry, primarily working in the Lake Tahoe area.
Carhartt Appoints Norma Delaney as VP, Brand Marketing and Creative
The company said Delaney will lead the development of marketing and creative strategies for Carhartt and play a critical role in shaping the company’s image and brand recognition. She will report to Susan Hennike, Carhartt’s chief brand officer.
Alterra Mountain Company Commits to $300M Capital Investment Program
The latest commitment continues the company’s capital investment cycle, which includes the first phase of the major Deer Valley expansion, elevated guest amenities, new and refurbished lifts, and more efficient snowmaking.
NRF: U.S. Not Likely Headed Into Recession, but Jobs Market Slowdown Possible
NRF’s chief economist believes the U.S. economy has dodged a recession, but is on the cusp of nailing a long-awaited soft landing with a simultaneous cooling of growth and inflation. However, the jobs pictures seems to be another story.
