SGB Update Outdoor

Canada Goose’s Debt Ratings Outlook Upgraded
S&P Global Ratings revised its debt rating outlook on Canada Goose Holdings Inc. to positive from stable. S&P said Canada Goose’s operating performance for fiscal 2021 was healthier than its previous expectation because of stronger consumer demand and better recovery post easing of restrictions.

Moncler Plans New Headquarters
Moncler is investing in a new headquarters in Milan that will be completed at the end of 2024.

Solo Brands Files For IPO
Solo Brands, Inc., owner of the Solo Stove, Chubbies, Oru Kayak, and Isle paddleboard brands, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.

Retail Imports Remain High, But Could Be Higher Without Port Congestion
Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released by the National Retail Federation.

Helen Of Troy’s Houseware Segment Delivers Six Percent Growth In Second Quarter
Helen of Troy reported sales in its Housewares segment increased 6.6 percent in the second quarter due to strong sales at brick and mortar stores for OXO and Hydro Flask brands. The Housewares segment is now expected to deliver growth of 9 to 11 percent for the year, up from 7 to 9 percent previously.

Evo Acquires Callaghan Country Wilderness Adventures
Outdoor retailer and lifestyle brand Evo announced the acquisition of Whistler, BC-based Callaghan Country Wilderness Adventures (CCWA), owner of the popular ski destination Journeyman Lodge.

REI To Hold #OptOutside For Seventh Year
This November, REI will once again close its 171 retail stores, distribution centers, call centers, and headquarters on Black Friday. The closures mark the seventh straight year of its #OptOutside campaign.

Decathlon Signs On As Official Partner Of Cofidis Cycling Team
Starting January 1, 2022, Decathlon will return to the professional cycling circuit with the UCI World Tour Cofidis cycling team as the official supplier of performance cycling apparel and activewear for the Cofidis men, women and para-cycling teams.

K2 Sports To Integrate Full Tilt Boots Into K2 Product Collection
K2 Sports announced its plans to integrate the Full Tilt collection of boots into the K2 product line, effective for the 2022/2023 ski season. Founded in 2006 under K2 Sports, the Full Tilt brand has been known for its 3-piece ski boot technology.

Arc’teryx Appoints VP, Store Development
Arc’teryx announced the appointment of Chris Pelyk to VP, store development, effective immediately. In his new role, Pelyk will be responsible for overseeing the global expansion, real estate, store design, and construction of its retail stores. He was formerly senior director of store development in Asia for Lululemon.

Scheels To Open Second Store In Kansas
Scheels announced plans to open its second store in Wichita, KS. The retail location is set to open Spring 2023. The company’s first Kansas store opened in Overland Park in 2015.

Authentic Brands Group Appoints President For LATAM
Authentic Brands Group announced that Joseph N. Zarro had rejoined the company as President of Latin America.

Outdoor Research Appoints VP Finance
Outdoor Research announced it had hired Stacie Robbins as VP of Finance.

Bollé Announces Key Hires In Design And Engineering
Bollé announced it has strengthened its helmet, goggle and sunglass innovation team by hiring industry veterans and furthering its commitment to developing sustainable products.

360 Adventure Collective Announces Southeast Paddlesports Experience Show Dates
360 Adventure Collective announced it had secured dates for its 2022 Southeast Paddlesports Experience at the U.S. National Whitewater Center in Charlotte, NC.