SGB Update Outdoor
Duluth Trading’s Q3 Sales Rose 13 Percent
Duluth Holdings, the parent of Duluth Trading, reported improved third-quarter earnings as sales grew 13.2 percent.
Catch Co. Closes $6 Million Funding Round
Catch Co., a digital sportfishing brand platform, announced that it has closed a $6 million funding round, led by existing investor Listen Ventures.
GSM Acquires Cold Steel
GSM Outdoors announced the acquisition of Cold Steel, a knife and tool company founded in 1980 that has been adopted by military, law enforcement, EMS, self-defense practitioners, and others.
UPS Drivers Told Not To Pick Up Shipments From Nike And Other Retailers Amid Order Surge
UPS has reportedly told drivers across the country to stop picking up packages from six retailers, including Nike, as the carrier attempts to keep up with a record-breaking online shopping season amid the pandemic, according to an internal message obtained by The Wall Street Journal. The other retailers cited were Gap, Macy’s, L.L. Bean, Hot Topic, and Newegg.
ZAG Skis Partners With Global Sales Guys On U.S. Launch
Chamonix-based specialty ski brand, ZAG Skis, announced a brand launch partnership with Colorado’s Global Sales Guys (GSG).
Sportsman’s Warehouse’s Q3 Revenues Climb 59 Percent
Sportsman’s Warehouse reported net income jumped nearly three-fold in the third quarter ended October 31 as sales grew 59.1 percent. Same-store sales surged 41 percent, driven by elevated participation in fishing, camping and hunting.
StockX Reports Record-Breaking Cyber Weekend
Building on rapid growth in 2020, StockX reported a record-breaking Cyber Weekend, with daily gross merchandise value (GMV) averaging 100 percent growth compared to the same four-day period in 2019.
ShoreMaster Acquires Neptune Boat Lifts
ShoreMaster, LLC, which merged with HydroHoist, LLC in 2019, announced the acquisition of Neptune Boat Lifts based in Fort Lauderdale, FL.
ZipFit Appoints Sales Managers
ZipFit has appointed Chris Dominick as managing director, head of North American sales. Thomas May joins the company as director of operations and international sales.
Surfline Secures Funding, Appoints CEO
Surfline\Wavetrak Inc., the company behind surf forecasting platform Surfline, announced an investment of $30 million by TCG. The company also announced the appointment of Kyle Laughlin as CEO. Laughlin succeeds Jeff Berg, who will play an active role in the company as executive chairman.
Stio To Open Location In Boulder
Stio announced the opening of its next Mountain Studio retail store in Boulder, CO. The brand has leased a location on Boulder’s Pearl Street Mall and plans to open in spring 2021.
Grayl Names Director Of Sales
Grayl has named Chris Lowe as director of sales. Lowe will work alongside company president and CEO, Andrew Weber and Co-Founder, Travis Merrigan, and is tasked with building out and managing Grayl’s nationwide sales reps while implementing a strategic sales plan for the growth of the brand across categories.
SGB Media Reports Top 20 Stories For November 2020
SGB Media has revealed its Top 20 read stories on SGBonline.com in November, according to stats compiled by Google Analytics.
SGB Media Sees Surge In Mobile Users As Web Page Views Jump 19 Percent
In a potential sign that the pandemic continues to influence how people consume content and shop, SGB Media saw its online media presence, SGBonline.com, post breakout numbers once again.
Amazon Third-Party Sellers Post Record Holiday Sales
Amazon reported independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, an increase of over 60 percent from last year.
