SGB Update Outdoor
Vista Outdoor’s Q2 Sales Climb 35 Percent
Vista Outdoor Inc. reported earnings in the second quarter ended September 26 jumped 75.2 percent on a 35 percent revenue gain, well above Wall Street’s targets. Sales grew 49 percent in the Shooting Sports segment and 9 percent in its Outdoor Products segment.
U.S. Fishing Equipment Market Reels In Nearly $4 Billion, NPD Reports
In the 12 months ended September 2021, U.S. fishing equipment in-store and online sales revenues across mass merchants and sporting goods retailers, including e-commerce, grew 4 percent, year-over-year, reaching $3.9 billion, according to the NPD Group.
Scarpa North America Promotes From Within
Scarpa North America, the wholly-owned U.S. and Canadian distributor for Scarpa, announced it had promoted Melanie Hood to director of marketing and communications and Joe Higby as VP of Finance.
Black Diamond To Expand Retail Presence In U.S.
Black Diamond Equipment announced it would open two retail stores this winter in Jackson Hole, WY and Burlington, VT followed by a third retail location in Bend, OR, scheduled to open in Spring 2022.
Bogs Q3 Sales Impacted By Production And Shipping Delays
Weyco Group Inc. reported sales for the third quarter rose 16.2 percent. In the North American wholesale segment, sales of legacy brands (Florsheim, Stacy Adams, and Nunn Bush) all grew against depressed year-ago comparisons tied to the pandemic. Sales of Bogs fell 8 percent mainly due to production and shipping delays from manufacturers in Asia.
Weyco Announces Retirement Of CFO
Weyco Group Inc. announced that John F. Wittkowske, the company’s senior vice president, chief financial officer and secretary, would retire effective May 6, 2022. Wittkowske will be succeeded by Judy Anderson as the company’s chief financial officer and secretary.
Dick’s SG And Nike To Integrate Loyalty Programs In Connected Partnership
Dick’s Sporting Goods and Nike Inc. said its customers could now connect their Dick’s Scorecard and Nike Membership accounts through Dick’s mobile app as part of a new connected partnership to gain access to products, experiences and offers.
Norrøna Adds Canadian Sales Representation
Norrøna announced a partnership with Canadian sales representative Ryan Letchford, founder and lead rep of Squamish-based Wabi Sabi sales agency.
Boardriders Appoints New Quiksilver And RVCA Leaders
Boardriders Inc. announced the appointment of Brad Blankinship as global general manager, Quiksilver and David Brooks as global general manager, RVCA.
Camping World Lifts Outlook On Strong Q3
Camping World Holdings Inc. raised its full-year guidance after reporting earnings in the third quarter ended September 30 advanced 22.3 percent on a 14.2 percent gain.
Rocky Brands Hit By Fulfillment Challenges In Third Quarter
Rocky Brands Inc. reported earnings that came in well below Wall Street’s consensus estimate and said its results were hurt by temporary fulfillment challenges in the company’s Ohio distribution center.
Rapala Expands Bassmaster Partnership
Minnesota-based Rapala is expanding its partnership with B.A.S.S., signing a three-year deal as a premier sponsor after serving as title sponsor of the Fantasy Fishing program and as supporting sponsor of the Bassmaster tournament trail for the past two years.
BikeExchange Appoints Chief Customer Officer
BikeExchange Limited announced the appointment of Rebecca Boxall as its newly created position of chief customer officer, finalizing the recruitment of its executive team following an IPO in February this year.
Katadyn North America Appoints President; Announces Sales Promotion
Katadyn North America announced it had promoted Chris Voxland to company president the promotion of John Wright to vice president, Sales.
Canada Goose Opens First California Store
Canada Goose opened its first retail location in California at South Coast Plaza.
