SGB Update Outdoor
Gregory And High Sierra Show Gains For Samsonite
Samsonite International S.A.reported sales on a currency-neutral basis for the Gregory brand increased 5.2 percent in the third quarter while sales of the High Sierra brand jumped 87.1 percent.
Canada’s Kanuk To Open Its First U.S. Store
Kanuk will open its first U.S. store in New York City’s SoHo neighborhood. The store will be the Montréal-based, outerwear brand’s first retail store outside of its Quebec hometown.
Western Mountain Destinations Finish Record-Breaking Summer
As predicted for the past few months, Western mountain destinations across eight Western states, combined, had their best aggregated summer business on record for occupancy, daily rates and revenue, according to DestiMetrics, the business intelligence division of Inntopia.
Amundsen Sports Opens Store In Boulder
Amundsen Sports has opened a “Clubhouse” on Pearl Street in Boulder, CO. The location serves as office space for its North American business operations, a showroom for retailers and an event space to showcase product.
Yue Yuen’s Q3 Sales Impacted By Vietnam Factory Shutdowns
Yue Yuen reported a profit against a loss in the nine months ended September 30, 2021. Sales jumped 5.8 percent as a first-half recovery largely offset by the disruption to its manufacturing operations in Vietnam and weak retail sales in the third quarter.
SportChek’s Q3 Comps Expand 11 Percent
Canadian Tire Corporation, Ltd. reported comparable-store sales at SportChek were up 11.2 percent in the third quarter, led by growth in athletic apparel, footwear, hockey, and team sports.
Fenix Outdoor Sells Brunton
Fenix Outdoor announced that it has sold its Brunton business to two yet undisclosed employees of Brunton Outdoor, Inc. in the U.S.
Sportfishing Industry Association Appoints VP Of Communications
The American Sportfishing Association (ASA) announced that Mary Beth Long has joined the ASA staff as vice president of Communications.
Yeti Raises Outlook On Better-Than-Expected Q3
Yeti Holdings, Inc. slightly raised its guidance for the year after reporting third-quarter results that topped Wall Street analysts’ targets. Sales grew 23 percent in the quarter on top of 29 percent growth in the 2019 quarter.
Ignik Announces Key Hires
Ignik announced it has added three new employees to its team—Ryan Flynn, Brandon Ramirez and Andrew Lovejoy.
Brian Moore Appointed Senior Vice President, Global Product, Saucony
Saucony, a division of Wolverine Worldwide, Inc. announced it had appointed industry veteran Brian Moore to senior vice president, global product, effective immediately.
Stio Continues U.S. Expansion With Three Mountain Studio Stores
Stio announced it would open three new Mountain Studio retail stores.
Wolverine Trims Full-Year Earnings Outlook On Supply Chain Woes
Wolverine World Wide, Inc. reported strong sales and underlying earnings gains for the third quarter ended October 2, 2021, but slightly reduced its earnings guidance to reflect recent supply chain challenges.
Newell Brands Debt Ratings Outlook Upgraded
Moody’s Investors Service revised its debt rating outlook on Newell Brands Inc. to positive from stable due to the company’s increased priority on prioritizing reducing leverage.
Canada Goose Achieves Responsible Down Certification
Canada Goose announced that it has achieved certification under the Responsible Down Standard (RDS*). With this accreditation, the brand joins other Responsible Down Certified global manufacturers who embrace sustainability and animal welfare.
