SGB Update Outdoor
Vista Outdoor Reaffirms Fiscal Year Guidance
The company sees consolidated company sales in the range of $2.665 billion to $2.775 billion and Adjusted EBITDA in the range of $410 million to $490 million for the fiscal year ended March 31, 2025.
Vista Outdoor Warns on Fiscal Q1 Sales, Profit Declines; Reaffirms FY Guide
Vista Outdoor reported preliminary results for the fiscal first quarter but did not report consolidated numbers, opting instead to report results for its two business segments, Outdoor Products and Sporting Products.
American Bicycle Group CEO Peter Hurley Passes Away
The CEO of the parent company of the Quintana Roo, Litespeed and OBED brands suffered a heart attack following a morning run on Friday, July 19, 2024.
REI Co-op Names 2024 Vendor Partners of the Year
The outdoor specialty retailer is reporting the honorees of this year’s Vendor Partner of the Year Awards, which the retailer gives to brands that have significantly impacted various aspects of its business over the past year.
NMMA Promotes Berry to VP of Engineering Standards
Scott Berry has been with the National Marine Manufacturers Association since 2018, most recently as senior director of engineering. In his new role, Berry will take a greater leadership role in ongoing oversight of all certification programs.
The Conservation Alliance Welcomes New Executive Director
Hendricks joined TCA from Rivian, where he was the director of community sustainability. Before Rivian, Hendricks was an instructor in the University of Colorado’s Masters of the Environment Program and spent eight years leading Patagonia’s social and environmental impact initiatives.
Beyond, Inc. Re-Launches Overstock.com with Expansion of Categories
The revived Overstock.com, another retail rehab project led by investor and business mentor Marcus Lemonis, now has an inventory lineup that includes closeouts, liquidation, factory direct, and reverse logistics merchandise.
Black Diamond Parent Taps Tripp Wycoff to Lead Rhino-Rack Americas Unit
Former Thule executive Tripp Wyckoff is now general manager of the Americas, David Cook is global head of OEM and Daniel Bruntsch is head of EMEA sales for the segment that manages the Rhino-Rack, Maxtrax, and Tred Outdoors brands.
Birkenstock to Open First Storefront in Paris
Founded in 1774, Birkenstock’s first free-standing store will open on July 20 in Paris’ Marais district.
Birkenstock Promotes Van Schalkwyk to Managing Director Pasewalk Facility
Thomas van Schalkwyk, a South African national, oversees the daily operations at Birkenstock’s newest 35,000-square-meter production factory in the Berlin-Szczecin industrial park near Pasewalk, Germany. He has extensive experience in the manufacturing sector.
CBP Officers Seize Crocs Counterfeit Clogs at Rochester Port of Entry
Officers at the Rochester port of entry seized various designer items, including beauty products and dietary supplements, along with a shipment of Crocs Classic Clogs, for bearing counterfeit trademarks.
Crocs, Inc. and Mosaic Brand Limited Settle Australia Lawsuit
Crocs filed the case against Mosaic in late 2021 when the company found that Mosaic was selling footwear that Crocs alleged was deceptively similar to its Classic Clog.
Play It Again Sports Parent Sees Flat Q2 on Planned Decline in Leasing Revenue
The company recently made the decision to no longer solicit new leasing customers and pursue an orderly run-off of its middle-market leasing portfolio. Resulting leasing revenue was halved year-over-year.
Skechers Expands United Legwear & Apparel Partnership with EU and UK Distribution
Skechers will now have dedicated showroom space at ULAC Europe B.V.’s headquarters in Amsterdam and in its London showroom for its lifestyle and performance socks for men, women and kids.
Report: Fishing Participation Sees Growth But Too Much Turnover
The Recreational Boating & Fishing Foundation (RBFF) reported that the post-pandemic increase in fishing participation continues to set record numbers on the water; however, data from a recent report found that churn poses a challenge for the industry, especially among female participants.
