SGB Update Outdoor
Clif Bar Names New Executive Leaders
Clif Bar & Company announced the hiring of three consumer packaged goods-industry executives to drive the company’s next stage of growth and expansion. They are Shaunte Mears-Watkins, chief commercial officer; Roma McCaig, senior vice president of impact and communications and Hari Avula, chief financial and strategy officer.
Target’s Q1 Comps Jump 23 Percent
Target Corp. reported a significant hike in first-quarter earnings as same-store sales ran up 22.9 percent.
Stone Glacier Breaks Ground On New Headquarters
Stone Glacier, a manufacturer of outdoor equipment, has begun construction of its new business headquarters in the heart of Bozeman, MT.
Vista Outdoor Forms Vista Outdoor Corporate Foundation
Vista Outdoor Inc. announced the launch of its Vista Outdoor Corporate Foundation and an accompanying $3 million initial contribution.
CPSC Report Highlights Importance Of Bike Helmets
The U.S. Consumer Product Safety Commission (CPSC) issued a new report from the Centers for Disease Control and Prevention (CDC) showing how important helmets are to preventing injuries and deaths. The report showed that between 2009 and 2018 there were nearly 597,000 bicycle-related traumatic brain injuries treated in hospital emergency departments (ED) in the U.S.
Patagonia Has Top Corporate Reputation In Axios Harris Poll
Patagonia sits atop the 2021 Axios Harris Poll 100 list of corporations that rank them by reputation, a 31 spot improvement from last year. Also scoring well on the list were Costco, Amazon, REI, Adidas, and Nike.
Moody’s Assigns B2 To Academy’s New Senior Secured Notes
Moody’s Investors Service assigned a B2 rating to Academy, Ltd.’s proposed term loan due 2027.
Nikwax Makes New Hires To Broaden Marketing And Retailer Support
Nikwax announced new hires accompanying its recent North American headquarters move.
Play It Again Sports Parent Announces Run-off Of Leasing Portfolio
Winmark Corp, the parent of Play It Again Sports, announced that it would no longer solicit new leasing customers and would pursue an orderly run-off for its middle-market leasing portfolio.
Western Mountain Lodging Finishes Winter Season On Strong Note
A late-season surge increased visits to enable participating properties in Western mountain destinations to reach an aggregated 102.3 percent of the total actual room nights booked for the entire last winter, according to Inntopia’s DestiMetrics tracking service. However, daily rates weren’t strong enough to offset more than a month of lost nights.
L.L.Bean Announces New Charitable Partners
L.L.Bean announced plans to continue investing in a range of organizations and initiatives focused on supporting local communities and increasing outdoor access for all.
April Retail Sales Hold Mostly Steady From March
Retail sales were virtually unchanged from their strong performance a month before and grew dramatically year-over-year in April as the rapidly recovering U.S. economy marked a full year since the coronavirus pandemic shut down most stores during the spring of 2020, according to the National Retail Federation.
Gregory Sales Show Slight Decline In Q1
Samsonite International reported net sales on a currency-neutral basis in the first quarter slid 3.6 percent for the Gregory brand and fell 29.8 percent for High Sierra.
Yeti’s Q1 Sales Expand 42 Percent
Yeti Holdings Inc. reported earnings increased three-fold in the first quarter ended April 3 as sales grew 42 percent. Both earnings and sales came in well above Wall Street targets.
Canada Goose’s Q4 Revenues Climb 34 Percent
Canada Goose Inc. reported sales in its fiscal fourth-quarter ended March 28 rose 33.7 percent and easily exceeded Wall Street estimates.
