SGB Update Outdoor
Jack Wolfskin’s CEO To Exit
Melody Harris-Jensbach, CEO of Jack Wolfskin, will depart. In a statement, the outerwear brand’s parent, Callaway Golf said an agreement had been reached more than a year ago that Harris-Jensbach would leave as soon as Jack Wolfskin’s integration into the Callaway Group was completed.
Gearlab Adds Canadian Sales Rep
Gearlab Outdoors has added new sales representation in Canada, expanding their global footprint in the paddle and watersports markets. Stepping into the Canadian sales role is Michael Gilbert who is the founder of B.C. Kayak Centre and life-long kayaking instructor and enthusiast.
Wigwam Mills Reopens Factory With New Generation At The Helm
Wigwam Mills Inc. has reopened its factory as Wisconsin’s stay-at-home restrictions have been eased by Wisconsin Governor Tony Evers. In addition, the Wigwam Board of Directors announced that leadership of the 115-year old brand has shifted to the fourth-generation siblings Chris Chesebro and Margaret Newhard.
Sportsman’s Warehouse Q1 Revenues Soar 41.8 Percent
Sportsman’s Warehouse Holdings Inc.’s revenues jumped 41.8 percent in the first quarter due to surging demand for firearms and ammunition. Said Jon Barker, CEO, in a statement, “We introduced many new customers to the Sportsman’s Warehouse brand during the first quarter and we believe this bodes well for our long-term growth.”
Canada’s Sail Outdoors Files For Bankruptcy Protection
Sail Outdoors Inc., which operates 18 outdoor stores in Canada under the Sail and Sportium banners, has filed for bankruptcy protection in response to challenges posed by COVID-19 with a plan to restructure finances.
Duluth Trading Sees Modest Q1 Revenue Decline
Duluth Holdings Inc. the holding company of Duluth Trading, reported only a modest sales decline in the first quarter of May 3 as an acceleration of online sales helped to make up for store closures tied to COVID-19. Losses doubled in the traditionally-slow period for the brand.
Columbia Sportswear Closes Stores During George Floyd’s Memorial Services
Columbia Sportswear in an internal memo said it will be closing all its stores for two hours during George Floyd’s memorial service, make donations to the NAACP Legal Defense Fund and the Marshall Project, and double-match contributions by employees to non-profits addressing racism.
Rab and Lowe Alpine Join Fair Wear Foundation
British outdoor brands Rab and Lowe Alpine, owned by Equip Outdoor Technologies UK Ltd., are now an approved member of Fair Wear Foundation.
Wolverine Seeing Online Sales Surge In Second Quarter
Wolverine World Wide Inc., in a business update, said owned e-commerce grew more than 90 percent in the first nine weeks of the second quarter of fiscal 2020, helping the company deliver a better-than-expected performance so far in the period.
L.L. Bean Repens Flagship In Freeport
L.L. Bean announced it is opening its flagship store in Freeport, ME along with outlets also in Freeport, Bangor, and Ellsworth, ME respectively.
AseanBike 2020 Cancelled; Will Reset as 2021 Show
Messe Friedrichshafen and N.C.C. Exhibition Organizer (NEO) have decided to cancel the AseanBike bicycle trade show in Bangkok, Thailand originally scheduled to run October 29-31, 2020.
Camping World’s CFO Resigns
Camping World Holdings Inc. announced the promotion of five executives within the company including the promotion of Karin Bell to the position of CFO succeeding Melvin Flanigan who is resigning from the company for personal reasons.
Wigwam Mills Lays Off Employees Due To COVID-19
In a letter to the Department of Workforce Development, Wigwam Mills said approximately 121 of its 142 employees will be laid off due to the “adverse impact” COVID-19 has had on its operations and sales.
Prana Secures Top Rank In Textile Exchange Material Change Index
Prana, reported that it has achieved Level 4 in Textile Exchange’s Material Change Index published last week, the highest rank as a leading performance brand, with a mention in every category of the Index.
Dick’s SG Swings To Fiscal Q1 Loss As Sales Fall 30 Percent
Dick’s Sporting Goods reported a consolidated net loss of $143.4 million, or $1.71 per diluted share, for the first quarter ended May 2, compared to a net income of $57.5 million, or 61 per diluted share, in the year-ago quarter.
