SGB Update Outdoor
Hydro Flask General Manager Scott Allan Announces Retirement
Hydro Flask announced that Scott Alann will retire as global general manager for the brand. Allan’s retirement will take effect on March 1, 2020. Allan was named president and CEO of Hydro Flask in 2012, and has served as general manager since 2016.
Play It Again Sports Parent Announces Governance Changes
Winmark Corporation, the parent of Play It Again Sports, announced that current executive chairman, John L. Morgan, 78, will retire as a director and as executive chairman, effective March 1, 2020.
Milliken Finalizes Acquisition Of Borchers
Milliken & Company has formally acquired Borchers Group Limited, a global specialty chemicals company known for its coating additives and specialty catalyst solutions from The Jordan Company, L.P.
Outdoor Foundation Study: America Is Becoming An Indoor Nation
Outdoor Foundation, the philanthropic arm of Outdoor Industry Association (OIA), released the latest Outdoor Participation Report, showing that just under half the U.S. population does not participate in outdoor recreation at all.
Unifi’s Q2 Sales Increase 1.1 Percent
Unifi Inc., the producer of recycled and synthetic yarns, reported operating earnings improved in the second quarter ended December 29 as sales increased 1.1 percent Unifi slightly lowered its full-year earnings guidance as results were impacted by “softer-than-expected U.S. demand in certain categories, along with global market pricing pressures.”
Toms Appoints Magnus Wedhammar CEO
Toms Shoes LLC has appointed Magnus Wedhammar, former GM of Sanuk, as CEO.
Igloo Names Ryan Kingman VP Of Brand Partnerships
Igloo welcomed Ryan Kingman to the newly created position of VP, partnerships. Kingman was the co-founder and chief marketing officer for Stance.
Michael Egeck Becomes CEO Of Leslie’s Poolmart
Leslie’s Poolmart Inc., the largest seller of pool and spa products, appointed Michael R. Egeck as CEO. Egeck most recently served as the CEO of PSEB Group, the parent of Pacific Sunwear and Eddie Bauer.
Nantahala Outdoor Center To Open Location In Roswell, GA
Nantahala Outdoor Center (NOC) will be opening a new location in Roswell, GA in Spring 2020, bringing a new approach to community-based outdoor activities, rentals, and education along the Chattahoochee River.
7-Nation Welcomes Charles Field-Marsham As New Partner
7-Nation, the board sports company that owns Slingshot Sports, Ride Engine and Moonshine MFG, announced that Charles Field-Marsham, a Canadian entrepreneur, has become a new investor in the company. Ken Meidell, the former CEO of Dakine, has joined the company’s board.
360 Adventure Collective’s Executive Director, Debbie Motz, To Step Down
360 Adventure Collective, formerly Eastern Outdoor Reps Association (EORA), bids farewell to its long-time Executive Director, Debbie Motz effective March 2020. Motz will retire after more than 30 years with the organization.
PSEB Group Announces CEO Transition
PSEB Group, an operating company composed of Pacific Sunwear of California and Eddie Bauer, announced that Mike Egeck will be stepping down as CEO, effective February 4, 2020, to pursue a new opportunity outside of the apparel industry and be geographically closer to his family. PSEB director Jim Gulmi will serve as nterim CEO.
VF Corp Reduces Full-Year Guidance After Q3 Revenue Miss
VF Corp cut its full-year revenue and profit forecast on Thursday after missing Wall Street estimates for third-quarter revenue due to a shortfall in the U.S. On a currency-neutral basis in the quarter, sales grew 13 percent at Vans, 4 percent at The North Face and 13 percent at Dickies. Timberland’s sales were down 5 percent.
Snow Peak Appoints Chief Revenue Officer
McGibbon most recently led Yakima Product’s sales organization as vice president of sales.
Snowsports Industries America Testifies Against Tariffs
This week, Snowsports Industries America (SIA), at a hearing at the International Trade Commission in Washington, D.C., urged the Commission to reconsider their approach to the List 4 tariffs proposed on over $300 billion worth of Chinese goods.
