SGB Update Outdoor
USA Cycling Announces New Chief Marketing Officer
USA Cycling announced that Erika Lehman will take on the chief marketing officer role in the Colorado Springs office. She comes off a growth-focused leadership role at US Figure Skating.
Strava Appoints Board Member
Strava announced the board appointment of Gustav Gyllenhammar, Spotify’s vice president, markets and subscriber growth.
Aqua-Leisure Adds Talent To Support Growth
Aqua-Leisure Recreation, LLC. announced the expansion of its team with the addition of 14 new hires and five promotions across its North America and Asia offices.
Former New Balance CEO To Lead Purple Innovation
Rob DeMartini, the former president and CEO of New Balance, has been appointed acting CEO of Purple Innovation, the digital-native mattress upstart.
Accell Group’s YTD Revenues Climb 4.4 Percent
Accell Group reported revenues for the year-to-date through November came in at €1.29 billion, up 4.4 percent versus 2020.
Footwear Unlimited Appoints EVP Spyder Footwear
Footwear Unlimited announced Jon Hanson has been named executive vice president and general manager for its Spyder Footwear brand.
AAFA Urges Biden Administration To Act On Inflation
American Apparel & Footwear Association President and CEO Steve Lamar reacted to reports that prices in America rose 6.8 percent in the 12 months ending in November—the largest rise in nearly 40 years. Prices for clothing and footwear rose 5 percent and 4.7 percent during this time.
Manitowoc’s Louie’s Sporting Goods To Close
Louie’s Sporting Goods, now operating one location at Manitowoc, WI, will be closing on December 23, according to a report from WBAY.com.
The Running Event Draws 200 Exhibitors
The Running Event, held last week in Austin, said it drew 200 exhibitors, marking a return after being canceled in 2020 due to the pandemic.
YakAttack Secures PE Funding
L2 Capital Partners, L.P. announced the recapitalization of YakAttack, LLC, a manufacturer of branded mounted aftermarket accessories primarily used to outfit and rig kayaks for fishing.
Johnson Outdoors Reports Record Sales And Earnings For Fiscal Year 2021
Johnson Outdoors Inc. announced higher revenue and earnings for the fiscal year ending October 1, 2021. Continued high demand for products in Fishing, Camping and Watercraft Recreation propelled a 26 percent increase in sales as operating profit grew 56.6 percent and net income rose 51 percent over the prior fiscal year.
Academy Sports Raises Outlook As Q3 Results Top Wall Street Estimates
Academy Sports + Outdoors again raised its outlook for the year after reporting results for the third quarter ended October 30 easily surpassing Wall Street targets. Comparable sales were up 17.9 percent on top of 16.5 percent last year.
Frasers Group Sales Expand 24 Percent In First Half
Frasers Group, the U.K.-based parent of Sports Direct, reported sales grew 23.6 percent in the 26 weeks through October 24.
Vail Resorts Shrinks Q1 Loss
Vail Resorts, Inc. reported a slightly narrower loss in its fiscal first quarter ended October 31, strong pass sales results for the upcoming 2021/22 North American ski season, and reaffirmed its guidance for Resort Reported EBITDA for fiscal 2022.
American Outdoor Brands Q2 Sales Slide
American Outdoor Brands Inc. reported sales declined 10.5 percent in the second quarter ended October 31.
