SGB Update Outdoor
Smartwool Canada Appoints Senior Manager, Sales & Marketing
Smartwool Canada has appointed Daniel Doucette as senior manager of sales & marketing. He steps into his role at Smartwool after more than a decade as Columbia Sportswear’s national account manager for Western Canada.
U.S. Performance Bike Sales Rise In June, NPD Reports
While the U.S. cycling industry’s unprecedented growth in the earlier months the COVID-19 pandemic was primarily driven by sales of family-friendly, adult lifestyle and children’s bicycles, the 63 percent year-over-year growth for bike sales in June primarily stemmed from higher-end bikes purchased by cycling enthusiasts which included road, gravel, full-suspension mountain bikes, and e-bikes, according to the NPD Group.
Winnebago Industries Raises Dividend By 9 Percent
Winnebago Industries Chief Financial Officer Bryan Hughes stated, “We are pleased to enhance the dividend for our shareholders, and this move reflects our strong financial position and our confidence in the trajectory of our company’s performance, despite the challenges presented by the COVID-19 pandemic.
Gregory And High Sierra See H1 Declines
Samsonite reported that its outdoor brands, Gregory and High Sierra both registered steep declines in sales in the first half ended June 30 with the decline in tourism affecting all the company’s brands.
Body Glove Announces Distribution Partnership With IFS
Body Glove, the California-based watersports brand, plans to strengthen and expand its global reach in partnership with Itochu Fashion System (IFS).
Nanamica To Open Store In New York City
Nanamica, the Japanese technical contemporary menswear label, is opening its first store outside Japan in the SoHo district of Manhattan.
Bangers LP Hires Logistics And Warehousing Executive
Bangers LP, one of the country’s leading shooting sports distributors, welcomed Spencer Smoak to lead its logistics and warehousing team at its Birmingham, AL distribution center.
Target Reports Q2 Comps Vault 24.3 Percent
Target Corp. reported second-quarter comparable sales grew 24.3 percent, the strongest the company has ever reported. Adjusted earnings grew 86 percent.
Dick’s SG Appoints Chief Communications And Sustainability Officer
Dick’s Sporting Goods has appointed Peter Land as chief communications and sustainability officer.
MidwayUSA Foundation Appoints Relationship Manager
The MidwayUSA Foundation has appointed John Linquist to the new position of relationship manager. In his new role, Linquist will pursue opportunities for businesses to join MidwayUSA Foundation in sustaining and growing youth shooting sports.
Amazon To Hire 3,500 In U.S. Expansion
Amazon announced plans to add 3,500 tech and corporate jobs across a half-dozen U.S. cities. The cities include Dallas, Detroit, Denver, New York, Phoenix, and San Diego.
Report: Academy Sports Confidentially Files For IPO
Academy Sports + Outdoors, acquired by Kohlberg Kravis Roberts & Co (KKR) in 2011, has confidentially filed paperwork for an initial public offering, according to a report from Bloomberg.
Walmart’s U.S. Comps Climb 9.3 Percent In Q2
Walmart reported total revenue in the second quarter was $137.7 billion, an increase of $7.4 billion, or 5.6 percent. Excluding currency impacts, total revenue would have increased 7.5 percent to reach $140.2 billion. Walmart U.S. comp sales climbed 9.3 percent, led by strength in general merchandise and food. Walmart U.S. e-commerce sales grew 97 percent with strong results across all channels.
Federal Court Strikes Down California’s Ban On High-Capacity Magazines
A three-judge panel of the 9th U.S. Circuit Court of Appeals on Friday threw out California’s ban on high-capacity ammunition magazines, labeling it a violation of the Second Amendment.
DestiMetrics: Resort Bookings Continue Decline In Western Mountain States
According to DestiMetric’s monthly Market Briefing by Inntopia, occupancy and revenue at western mountain destinations at the midpoint of summer 2020 continue to be dramatically lower than last summer despite gaining ground as outdoor mountain activities captured visitors for overnight stays.
