SGB Update Outdoor
Croakies Announces New Partnership With Pacsun
Croakies announced a new partnership with Pacsun. As part of this partnership, an assortment of Croakies branded eyewear retainers will be sold on Pacsun’s website.
Garmont International Secures New Investor
Garmont International, based in Treviso, Italy, announced that Italian Strategy Private Equity (ISPE), managed by Riello Investimenti Partners Sgr Spa, has entered into the share capital of the company with a 65 percent stake in its shares. Of the remaining 35 percent, Pierangelo Bressan, current president and CEO, holds 30 percent and will continue in his present role.
Camping World Announces Expansion Plans In Delaware, Nebraska And Montana
Camping World Holdings Inc. announced expansion plans in Delaware, Nebraska and Montana. The company owns or is in the process of acquiring, land in these three states to focus on its national recreational dealer platform.
Accell Group’s Sales Climb 17 Percent In 2020
Accell Group N.V. reported sales grew 17 percent in 2020, to €1.3 billion ($1.53 bn). The parent of Haibike, Koga, Batavus, and Raleigh said the gains were due to fast recovery after first lockdowns and sustained high demand for bicycles, parts and accessories across Europe.
Bennington Expands Operations In Elkhart County
Bennington, the manufacturer of pontoon boats based in Elkhart, IN, announced the expansion of its operations in Elkhart County. This growth includes adding jobs and investing in new facilities.
Hillsound Equipment Expands Sales Team With Additions In U.S. And Canada
Hillsound Equipment has partnered with Endless Adventure Sales and Pro Line Sports Ltd to distribute its products in the U.S. Pacific Region and Western Canadian.
Mastercard: U.S. Retail Sales Grew 4.6 Percent In February
U.S. retail sales climbed 4.6 percent in February after adjusting for the fact that 2020 was a leap year, according to data from Mastercard’s SpendingPulse.
HanesBrands Names General Counsel, Corporate Secretary And Chief Compliance Officer
HanesBrands announced that Tracy Preston has been named general counsel, corporate secretary and chief compliance officer, effective March 29, 2021.
Hibbett Sports Fourth Quarter Earnings Surge
Profits at Hibbett Sports Inc. catapulted 168 percent in the fourth quarter ended January 30 as same-store sales ran up 21.9 percent. Mike Longo, president and chief executive officer, said in a statement, “The strong momentum that we experienced in our business in the second and third quarters continued in the fourth quarter.”
USA Cycling Hires Chief Marketing Officer
USA Cycling has named Matt Heitmann as chief marketing officer overseeing marketing and membership. Heitmann joins the organization after leading marketing efforts of multiple industry organizations, including The Pro’s Closet, Canyon and BMC.
Dunham’s Sports Returns To Marquette
Dunham’s announced plans to return to Marquette, MI this summer with a store set to open in the Westwood Mall in the old Yonkers location.
Burlington Stores Q4 Same-Store Sales Flat
Burlington Stores reported earnings fell 24.2 percent in the fourth quarter on flat comp sales. The off-pricer also set a new store target to reach 2,000 stores, up from the previous goal of 1,000 stores.
Academy Sports Appoints Board Member
Academy Sports and Outdoors Inc. announced the appointment of Tom Nealon to its Board of Directors, effective today. With the addition of Nealon, Academy’s Board comprises ten directors.
VF Corp. Appoints Global Brand President, Timberland
VF Corporation announced the appointment of Susie Mulder as global brand president, Timberland. Mulder joins the Timberland brand from clothing brand NIC+ZOE where she served as CEO since April 2012.
RECALL: Haro Bicycles
About 510 Masi Evoluzione and Gran Corsa Bicycles from Haro Bicycles are being recalled.
