SGB Update Outdoor
VF Corp. Names Shanghai As New APAC Headquarters
VF Corp. announced a transformation plan for its Asia Pacific operations focused on evolving the region’s organizational design and footprint and building new capabilities to for the growth of its brands. Accordingly, VF will move the center of its brand operations from Hong Kong to Shanghai.
Boot Barn Sees Q3 Comps Climbing 4.6 Percent
Boot Barn Holdings Inc. said it expects both earnings and sales to top Wall Street’s consensus estimates in the third quarter ended December 26. Same-store sales returned to positive territory despite ongoing headwinds from COVID-19, and the chain’s e-commerce business remained strong.
Genesco Sees Comps Dip 3 Percent Over November And December
Genesco Inc. announced that comparable sales, including stores and direct sales, decreased 3 percent for the quarter-to-date period ended December 26, 2020. Same-store sales decreased 14 percent and sales for the company’s e-commerce businesses jumped 49 percent on a comparable basis.
SGB Media Reports Top Stories Of 2020
SGB Media has reported its Top 20 stories read online in 2020, with the Bass Pro acquisition of Sportsman’s Warehouse and related stories leading the charts. Overall, the SGBonline.com web site had a banner year in readership, recording over 2.5 million page views, a 20 percent increase over 2019.
Leapfrog Brands Secures Equity Investment
Palladin Consumer Retail Partners, LLC announced an investment in Leapfrog Brands, a supplier of beverageware. Leapfrog’s brands include Ello, Zulu and Pogo.
RV Retailer Announces Acquisition Of 14 Stores In Five States
RV Retailer LLC (RVR), based in Fort Lauderdale, FL, announced the addition of 14 dealerships with the acquisitions of Family RV Group and Northgate RV.
Kent Water Sports Acquired By Seawall Capital
Seawall Capital, LLC announced that it has acquired Kent Water SportsHoldings, LLC and its related entities for an undisclosed amount. Founded in 1959 and based in New London, OH, Kent Water Sports is a diverse platform of action sports brands with a broad product set.
Academy Sports Partners With Major League Fishing
Major League Fishing announced Academy Sports + Outdoors as the latest sponsor of its 2021 MLF Cup events, including title sponsorship of the 2021 Heritage Cup.
Helen of Troy’s Housewares Q3 Revenues Climb 21 Percent
Helen of Troy Ltd. reported sales in its Housewares segment, which includes Hydro Flask and OXO, increased 21.4 percent in the third quarter ended November 30. The gains were primarily due to higher demand for OXO brand products as consumers spent more time at home.
Columbia Sportswear Adds Starbucks Exec To Board
Columbia Sportswear Co. announced that its board of directors appointed John Culver to serve as a director and member of its Compensation Committee.
Camping World’s Debt Ratings Upgraded
Moody’s Investors Service upgraded the debt ratings of Camping World, including its Corporate Family rating.
Malibu Boats Completes Acquisition Of Maverick Boat Group
Malibu Boats Inc. announced that it has closed the acquisition of Maverick Boat Group Inc.
RECALL: Ozone 500 Density Bicycles Sold At Academy Sports
About 6,000 Ozone 500 Density Bicycles are being recalled. The item was sold exclusively at Academy Sports + Outdoors.
Spyder To Expand Into Footwear
Spyder, which is is owned by Authentic Brands Group (ABG), has partnered with Footwear Unlimited, to support the brand’s launch into footwear.
Wolverine WorldWide Names President, Global E-Commerce
Wolverine World Wide Inc. announced the appointment of Matt Blonder as its new president, global e-commerce. Most recently, he was global head of digital at Reebok, a division of Adidas.
