SGB Update Outdoor
L.L.Bean Officially Opens Doors in Enfield, CT
In June, L.L.Bean announced plans to open four new retail stores in 2024, including its first store in Indiana, underscoring its omnichannel growth strategy. Last week, the retailer’s Enfield, CT store officially opened in Brookside Plaza, its third in the state.
CNBC/NRF Retail Monitor Sees Consumers Pull Back Spending In September
Retail sales saw a slight month-over-month drop in September but consumers continued to spend more than last year as interest rates and inflation fell and employment rose, according to the CNBC/NRF Retail Monitor.
Maine Outdoor Brands Appoints Board President
Maine Outdoor Brands appointed Devin McNeill, CEO and co-founder of Flowfold, as its new board president, succeeding Kay Henry. The organization also added three new members to its board of directors.
Niner Bikes Moves To New Location in Fort Collins
Niner Bikes, owned by parent company United Wheels, is leasing a new office space in Fort Collins, CO to support growth plans.
Rebel Sport’s Parent Appoints Amazon Exec As Director
Super Retail Group, appointed Kate Burleigh, formerly a regional Amazon executive, as a non-executive director, effective November 11.
Reju Launches First Recycling Facility in Germany
Materials recycling company Reju, led by former Under Armour CEO Patrik Frisk, with offices in Europe and North America, has opened its Regeneration Hub in Frankfurt, Germany with expected deliveries to begin in 2025.
Perfect Moment Expands U.S. Resale Program to Europe and UK
The company has expanded the availability of its U.S. resale program, Perfect Second Moment, to the UK, Italy, Germany and France.
The Oberalp Group Adds New Indie Sales Agency for Midwest Territory
The owner of the Salewa, Dynafit, Pomoca, Wild Country, and Evolv, brands has added Paul Gerten and his firm Gerten Outdoors to represent Salewa and Evolv in its Midwest territory.
REI Set to Open College Station Store
The nearly 22,000 square-foot space is the co-op’s 11th store in Texas and will host a grand opening on November 1.
Sportsman’s Warehouse Hires VP of Performance Marketing
Ryan Carroll was appointed VP of performance marketing to lead brand management, creative strategy, trade marketing, integrated sales, and marketing planning.
Zion Outfitter Owner Charged with Tax Evasion
The owner of Zion Outfitter, a tour guide and rental shop near the entrance to Zion National Park, is accused of evading over $1.8 million in taxes. U.S. Attorney Trina A. Higgins for the District of Utah made the announcement.
Authentic Brands Group and Saks Launch New Luxury Platform
Through its focus on innovation and global expansion, ALG aims to generate growth opportunities and create value for its strategic licensing and distribution partners, each of which bring distinctive positioning, loyal followings and significant global potential.
Costco Comps Grow 8.9 Percent in September Ex-Fuel
Costco Wholesale Corporation reported net sales of $24.62 billion for the five weeks ended October 6, an increase of 9.0 percent from $22.59 billion last year.
Peak Performance Opens First Store in London
Peak Performance opened a concept store on September 27 in London’s Covent Garden. The brand also opens its U.S. online store to consumers.
BRP Reports Departure of Board Director
Board member Estelle Métayer had tendered her resignation as a company director, effective October 9, 2024, citing personal reasons. She has served on the Board since 2014.
