SGB Update Outdoor
REI Partners With Hipcamp
REI has formed a multi-year partnership with Hipcamp, a provider of outdoor staycations, to offer its members access to tent camping sites, cabins, treehouses, RV stays, and glamping sites.
Retail Cargo Expected To Set Record In August
Imports at the nation’s largest retail container ports should hit yet another record in August as consumer demand continues to stretch supply chains and retailers shift from the back-to-school season to the peak shipping season for winter holiday merchandise, according to the monthly Global Port Tracker report released by the National Retail Federation.
Dorel Sports’ Q2 Revenues Climb 11 Percent
Dorel Industries reported its Dorel Sports segment posted its ninth consecutive quarter of revenue growth as well as another record profit.
Dorel Sports brands include Cannondale, Schwinn, GT, Mongoose, Caloi, and IronHorse.
Mike Ashley To Step Down As CEO Frasers Group
Frasers Group, the owner of Sports Direct, EMS and Bob’s Stores in the U.S., said Mike Ashley would step down as CEO next year. He will be succeeded by Michael Murray, who is head of elevation at Fraser Group.
The Conservation Alliance Adds Staff; Appoints Board Members
The Conservation Alliance has added three staff members to the organization and four members to its Board of Directors.
GoPro’s Q2 Revenues Jump 86 Percent
GoPro Inc. reported a profit against a loss in the second quarter ended June 30. Sales jumped 86 percent and GoPro subscribers were up 211 percent.
Fox Factory’s Sales Vault 79 Percent
Fox Factory Holding Corp. reported sales in the second quarter surged 79.2 percent. This increase in sales reflects a 92.4 percent increase in Powered Vehicles Group sales and a 63.9 percent increase in Specialty Sports Group sales.
USA Cycling Sees Record Growth In Cycling Participation
USA Cycling, the national governing body of cycling, reported record participation in national championship events, including mountain biking and pro road, another sign of the strength in growth of cycling participation.
Adidas North America Appoints New President
Adidas said Rupert Campbell will succeed Zion Armstrong as president Adidas North America, effective January 1, 2022.
Yeti’s Revenues Leap 45 Percent In Second Quarter
Yeti Holdings Inc. raised its outlook for the year after reporting revenues jumped 45 percent in the second quarter due to strong DTC gains. Adjusted net income increased 68 percent in the period.
Nautica Partners With MS Apparel
Nautica, owned by Authentic Brands Group (ABG), has partnered with MS Apparel to introduce Nautica Angler, a new line of fishing and outdoor apparel.
Froggs Toggs Acquires Insights Outdoors
Froggs Toggs has acquired Alabama-based hunting and fishing gear company Insight Outdoors.
Keen Pulls Out From OR Show Cites COVID-19 Delta Variant
Keen announced in a statement it would not attend the Outdoor Retailer Show in Denver, CO next week due to the recent spike in COVID-19 cases and, in particular, the Delta variant.
Unifi Announces Robust Fourth Quarter And Fiscal 2021 Results
Unifi Inc. reported a profit against a loss in the fourth quarter ended June 27 as sales more than doubled.
NPD Sees Robust Athletic Footwear And Activewear Sales In First Six Months 2021
Athletic footwear sales for the first six months of 2021 grew more than 35 percent versus 2020 and about 23 percent versus 2019, according to the NPD Group Inc. Sales of activewear grew more than 40 percent in the first six months in 2021 over last year and more than 25 percent when compared to 2019.
