SGB Update Outdoor
SportChek’s Q4 Comps Decline 3 Percent
Canadian Tire Corp. reported comparable sales growth in the SportChek segment declined 3 percent in the fourth quarter due to reduced promotional activity, temporary store closures and COVID-19 restrictions.
January Retail Sales Jump 7.4 Percent On Stimulus Benefit
Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020’s record holiday season carried over into the new year, the National Retail Federation said. Overall sales were up 7.4 percent seasonally adjusted year-over-year with sporting goods stores up 8 percent.
GOA Retailers See Second-Half Bounce Back In 2020
Grassroots Outdoor Alliance (GOA) reported that with double-digit growth across the group in December, GOA retailers finished the 2020 calendar year down 0.34 percent compared to 2019. From June 2020 through January 2021, GOA retailers nationwide were up 10.8 percent.
Camping World Announces Acquisition In The Northeast Corridor
Camping World Holdings Inc. announced the acquisition of two locations in the Northeast as the company further expands its footprint. The new locations in Hamburg, PA and Albany, NY were established through the acquisition of Boat-N-RV Superstore.
Target Announces Updates To Executive Leadership Team
Target Corp. announced a number of changes across its executive leadership team, including appointing Christina Hennington as executive vice president and chief growth officer
SFIA Finds Individual Sports Shine In 2020
Individual sports such as tennis, golf, running, hiking, skateboarding and surfing thrived in 2020 as Americans pursued a host of pandemic-acceptable sports and fitness activities, according to SFIA’s Annual Topline Participation Report.
Thule To Open First U.S. Brand Store In Denver
Thule announced it will open its first brand store in North America in downtown Denver, CO, to showcase all its product categories in one space. The store will open in Summer 2021.
Marolina Outdoor Inc. Partners With Richard Childress Racing For 2021 Season
Marolina Outdoor Inc., Huk and Nomad’s parent company, announced its partnership with Richard Childress Racing for the 2021 season.
Ed Viesturs Joins Himali
Himali, a Boulder, CO-based brand specializing in mountain apparel, announced that Ed Viesturs, the renowned mountaineer, will join the company as a partner, athlete and designer.
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.
