SGB Update Outdoor
ARVC Report Forecasts 53,000 Additional Campsites in 2021
The 2020 Industry Trends and Insights Report, released by the National Association of RV Parks and Campgrounds, anticipates more than 53,000 new campsites will be constructed in the next 12 months.
Vail Resorts Announces Commencement Of Convertible Senior Notes Offering
Vail Resorts Inc. announced its intention to offer, subject to market and other conditions, $500 million aggregate principal amount of convertible senior notes due 2026 in a private offering to institutional buyers.
Line Skis And Full Tilt Boots Hires Brand Director
Line skis and Full Tilt Boots have hired outdoor industry veteran Steven Hartl as its Brand Director. Hartle will be tasked with bringing the brands’ products and messages to market.
Rab Appoints National Sales Manager
Rab announced today that it has named Ryan Krusemark as the company’s first national sales manager as it looks to build on and expand its North American footprint in 2021.
NPD Reports: Backcountry Sales Showing Strength
Backcountry-related equipment sales in the U.S. grew a combined 76 percent in the opening months of this year’s snow season (August through October 2020) compared to the same period last year, according to The NPD Group.
RECALL: Burley Kids Bike Seats
About 780 Dash X FM child bicycle seats from Burley are being recalled.
Arc’teryx Doubles New York Retail Footprint
Arc’teryx Equipment is continuing its retail expansion in the U.S. with the opening of three new Arc’teryx Icon stores in Manhattan by the end of the year.
REI To Close Yonkers Store
REI plans to close its store in Yonkers on Feb. 12, 2021, according to a report from Rockland/Westchester Journal News.
Rapala USA Names Western U.S. Territory Manager
Rapala USA has named Bill Matthews to its sales/marketing/product development team as a territory manager covering 13 western U.S. states.
Highland Trading Company Appoints Sales Manager
Highland Trading Company, Inc. announced the hiring of industry veteran Mike Stepanek as sales manager. Highland Trading Company is the manufacturer and distributer of Sportube and Wildsyde Vintage Electric Bicycles.
Sports Direct’s Parent Sees 7.4 Percent Sales Drop In First Half
Frasers Group PLC reported revenues declined 7.4 percent in the six months ended October 25, largely caused by temporary store closures due to COVID-19, offset by the strong reopening of stores after lockdown and growth in its online business. Sales at Eastern Mountain Sports and Bob’s Stores in the U.S. saw double-digit declines.
Johnson Outdoors’ Sales Surge 58 Percent In Q4
Johnson Outdoors Inc. reported earnings rose nearly four-fold in the fiscal fourth quarter ended October 2. Revenues grew 58.3 percent, Helen Johnson-Leipold, chairman and CEO, said, “Strong demand in Fishing, Camping and Watercraft Recreation continued into the fourth quarter, and the challenge has been keeping pace with demand.”
Vail Resorts Widens Q1 Loss
Vail Resorts Inc. increased its loss in the fiscal first quarter ended October 31 due to the impact of COVID-19. The ski resorts operator saw healthy season pass sales but continues to expect “material” declines in visitations during the 2020/2021 North American ski season due to COVID-19.
Lost Paddle Media Acquires Fishing Trade Shows
Lost Paddle Media announced it has acquired the Kansas City Boat and Sportshow, Chicagoland Fishing Travel & Outdoor Expo, Suffern New York’s World Fishing & Outdoor Exposition, and the Saltwater Fishing Expo in Edison, New Jersey from the National Marine Manufacturers Association (NMMA). Lost Paddle Media operates The Big Gear Show.
