SGB Update Outdoor

Nester Hosiery Announces Key Promotions

Nester Hosiery promoted Chris Nitzsche to general manager of licenses and Matt Brucker to general manager of brands, including Farm to Feet. Anna Draughn was promoted to director of merchandising.

NPD Announces U.S. Outdoor Sports Retail Performance Awards

The NPD Group announced the winners of its second annual Outdoor Sports Retail Performance Awards. According to NPD Retail Tracking Service data*, the awards acknowledge the fastest-growing brands in the U.S. outdoor and snow specialty retail markets based on in-store and e-commerce sales revenue.

NSSF Retailer Surveys Find 5.4 Million First-Time Gun Buyers In 2021

The National Shooting Sports Foundation (NSSF) found that at least 5.4 million people purchased a firearm for the first time in 2021. Nearly 30 percent of all firearm purchases in 2021 were sold to new gun owners, based on NSSF retailer surveys and adjusted National Instant Criminal Background Check System (NICS) background checks.

La Jolla Group Names New CEO

La Jolla Group Inc. (LJG) announced that Michael Pratt, chief financial officer and SVP strategy, has been promoted to chief executive officer. Daniel Neukomm, CEO since May 2013, will now assume the role of executive chairman.

Trijicon Names VP Sales And Marketing

Trijicon, Inc., a provider of aiming solutions for the hunting, shooting, military, and law enforcement markets, announced John Trull as vice president of sales and marketing. Most recently, he held the position of vice president of product management-ammunition, Vista Outdoor.

Activist Investor Seeks Seat On Kohl’s Board

Activist hedge fund Macellum Advisors, which owns about a 5 percent stake in Kohl’s Corp., sent a letter to the retailer’s board on Tuesday urging Kohl’s to publicly commit to carrying out a  “robust” process to review strategic alternatives and form a special committee of independent directors to oversee the review.

Guidesly Secures $4 Million In Investment

Guidesly, an online platform connecting guides with anglers, recently closed its seed round of funding, raising $4 million from over 30 investors.

Decathlon Announces New CEO

Decathlon appointed Barbara Martin Coppola as chief executive officer. She succeeds Michel Aballea, in office since 2015. This appointment is effective mid-March 2022.

NPD Report: Athletic Footwear Revenues Expand 20 Percent In 2021

Annual revenue for the U.S. athletic footwear market grew by about 20 percent versus 2020, although growth slowed to mid-single-digits in the fourth quarter due to poor execution, supply chain delays, the end of stimulus payments, and a lack of newness in the market, according to The NPD Group.