SGB Update Outdoor
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.
Outdoor Industry Addresses Racial Injustices On Social Media
The North Face, REI, Patagonia, Merrell and Columbia Sportswear all issued messages of support for those protesting racial injustice.
NRF Chief Economist Said ‘Uncertainty Abounds’ In Predicting Recovery From Coronavirus Pandemic
While the reopening of businesses shut down by the coronavirus pandemic is a significant step forward, it is too soon to say how quickly or smoothly the nation’s economy will recover, National Retail Federation Chief Economist Jack Kleinhenz said.
NRF Issues Statement On Incidents At Retail Stores
In response to the incidents involving retailers following the death of George Floyd, NRF’s President and CEO Matthew Shay said in a statement, “Defacing, looting and plundering businesses, whether viewed as a direct outgrowth of fury or an opportunistic act of vandalism and theft, impedes progress and healing.”
VF’s CEO In Employee Memo Compares Racism To Virus
In a letter sent May 30 to all employees entitled, “Racism is another virus to eradicate,” VF chairman, president and CEO Steve Rendle called George Floyd’s death “tragic” and “stomach-churning” — and likened racism to the coronavirus pandemic.
Columbia Sportswear’s CEO Speaks Out Against Racism
In a letter to employees, Tim Boyle, chairman, president and CEO, of Columbia Sportswear, said the company fully supports “all victims of racism and all who speak out and act against racial injustice.”
L.L.Bean And National Park Foundation Receive 2020 Silver Halo Award
The National Park Foundation (NPF) and L.L.Bean were awarded the 2020 Silver Halo Award winner in the experiential/event category. In 2019, L.L.Bean leveraged its Find Your Park partnership with NPF to bring its S’more out of Summer campaign to life.
NPD Report: Consumers Ready To Hit The Road This Summer
According to a recent report compiled by The NPD Group, key camping, RV, and road trip essentials are seeing double- and triple-digit growth as national parks and other areas around the country begin to reopen.
National Park Visits Show Some Recovery In May
National park visits were down 2.3 percent in May after falling 22.8 percent in April and 16.4 percent in March amid park closures and social-distancing restrictions, according to the National Parks Service.
