SGB Update Outdoor
Outtech Names VP Of Sales
Outtech announced the promotion of Nick French to vice president of sales. In this position, French will continue his leadership of the Outtech sales team in the Independent Dealer, Buy Group and Distributor channels and take a more expanded role with multi-store retailers.
Vista Outdoor Announces Private Offering Of Senior Notes
Vista Outdoor Inc. announced that it has commenced a private offering of $350 million aggregate principal amount of senior notes due 2029.
FTC Seeks Info About Bass Pro, Sportsman’s Warehouse Deal
The Federal Trade Commission has requested more information about plans from the owner of Bass Pro Shops to purchase Sportsman’s Warehouse.
Le Bent Welcomes Johnny West Global Team
Le Bent said Johnny West, former general manager of Skins North America and director of brand and sports marketing for 2XU North America, has joined its executive team.
Lodging At Southeast Destinations Continuing Strong This Winter
Destinations in the Florida Panhandle along with resorts in coastal Georgia and South Carolina are tracking impressive results this winter season through the end of January, according to the most recent data released by DestiMetrics, a division of Inntopia, in its Monthly Market Briefing.
Kathmandu First-Half Results Driven By Rip Curl
Kathmandu Group saw sales spike 12 percent during the first half of FY21 ended January 31, largely a the strong performance by Rip Curl.
Newell Brands’ Outdoor & Recreation Segment’s Q4 Sales Drop 7.4 Percent
Newell Brands reported the Outdoor & Recreation segment showed a small operating loss as core sales were down 7.4 percent.
Klättermusen Enters Distribution Partnership With Sputnik Inc.
Klättermusen, the maker of mountaineering equipment, announced it has entered into a new exclusive distribution partnership in Japan with Sputnik Inc.
New Zealand Merino Company Launches 100 Percent Regenerative Wool Platform In Partnership With Allbirds, Icebreaker And Smartwool
The New Zealand Merino Company (NZM) and brands Allbirds, Icebreaker, and Smartwool announced they are working collectively with 167 sheep growers to create the first regenerative wool platform that represents 2.4 million acres in New Zealand to tackle the impact of the global fashion industry which is responsible for 10 percent of annual greenhouse gas emissions worldwide.
Outdoor Foundation’s Preliminary Participation Report Shows Gains In Hiking, Camping And Fishing
The Outdoor Foundation, the philanthropic arm of Outdoor Industry Association (OIA), released early topline data from its forthcoming Outdoor Participation Report that showed strong gains in hiking, camping and fishing.
Thule’s Q4 Revenues Jump 33 Percent
Thule reported sales in the fourth quarter rose 32.6 percent on a reported basis and 44.6 percent on a currency-neutral basis. Currency-neutral sales in the Americas region rose 48 percent.
Yeti’s Q4 Sales Expand 26 Percent On DTC Momentum
Profits at Yeti Holdings surged 75.0 percent on an adjusted basis in the fourth quarter on a 26 percent sales gain. The gains were driven by DTC growth. The company forecast sales growth of between 15 percent and 17 percent in 2021 with sales growth weighted to the first half of the year.
Alterra Mountain Company Names Dakine Official North American Partner
Dakine announced a new four-year partnership, naming Dakine the official glove and bag partner of Alterra Mountain Company’s 15 North American mountain destinations. This partnership will be activated year-round to support all winter and summer on-mountain activities at each Alterra Mountain Company destination.
VF Corp’s Debt Ratings Lowered By Moody’s
Moody’s downgraded V.F. Corp’s long term ratings due to expectations that VF’sfinancial leverage will remain high over the next several years in part due to the acquisition of Supreme.
Primus And Brunton Appoint Sales Leaders
Primus and Brunton announced the hiring of Scott Duer as director of sales for both brands and Lauren Heershap as sales manager and product specialist for Brunton.
