SGB Update Outdoor
TJX Raises Full-Year Guidance On Strong Q2
Apparel and home fashions retailer The TJX Cos. Inc. raised the company’s full-year guidance after reporting net sales for the second quarter ended August 4 increased 12 percent to $9.3 billion. Consolidated comparable store sales increased 6 percent over the comparable period last year ending August 5, 2017.
Industry Rallies Against Proposed Tariffs On China-Made Goods
Officials from the Sports & Fitness Industry Association (SFIA) and Outdoor Industry Association (OIA) testified in strong opposition to proposed tariffs on Chinese-made sports, fitness and outdoor products. The officials stated that the proposed tariffs would likely raise prices for consumers and lead to job losses while also stressing how essential sports and outdoor products are in supporting healthy and active lifestyles.
Mountain Destination Occupancy Slows But Still Ahead Of 2017
Aggregated data released last week by Inntopia in their monthly DestiMetrics Market Briefing revealed that while occupancy growth at mountain destinations is slowing slightly as the year progresses, overall metrics continue to creep upward toward an expected seventh consecutive summer record.
L.L.Bean Exec Joins Furniture Maker
Brad Kauffman, SVP of business transformation and strategy at L.L. Bean, has joined Thos. Moser, maker of handcrafted American furniture, as the company’s new chief revenue officer.
Conservation Alliance Hosts Backyard Collective Event in Portland
More than 250 volunteers from nine member companies participated in The Conservation Alliance’s Backyard Collective stewardship event in Portland, OR, last week.
Airblaster Hires Kyle Phillips As Director Of Sales
Kyle Phillips has joined snowboard apparel and accessories brand Airblaster as sales director.
Blain’s Farm & Fleet Announces Fourth Michigan Location
Family-owned and operated Blain’s Farm & Fleet has announced plans for the company’s fourth Michigan location in Ottawa County’s Holland Township. It is slated to open in the fall of 2019.
Gander Outdoors Announces 2 Store Openings
Gander Outdoors, formerly known as Gander Mountain, is now open in Watertown, NY, and Green Bay, WI.
Primal Quest Names Official Outfitters For 2018 Race
Primal Quest has announced the official outfitters for the eighth edition of the adventure race. The new partners include mountain guide Rich Prohaska; the Executive Suites Hotel & Resort Squamish, Squamish Rafting Co. and outdoor gear and packs company OutThere USA.
REI Co-Op Appoints First Vice President Of Commerce And Experiences
REI Co-op has hired IT veteran Dan Shull to serve as the company’s first vice president of commerce and experiences. Shull will be responsible for the customer experience across all technology platforms, and will lead a team of more than 100 technology professionals.
Camber Outdoors Opens 2019 Professional Mentoring Program Applications
Camber Outdoors, the national organization committed to equity in the outdoors from the boardroom to the backcountry, opened applications today for the 2019 Professional Mentoring Program. Eligible candidates must apply by October 12, 2018.
Vail Resorts Closes $64 Million Acquisition Of Stevens Pass Resort
Vail Resorts Inc. on Wednesday announced that the company has closed on the company’s acquisition of Stevens Pass Resort in Washington from Ski Resort Holdings LLC, an affiliate of Oz Real Estate.
Squaw Valley Alpine Meadows Appoints Ron Cohen President & COO
Squaw Valley Alpine Meadows and Alterra Mountain Co. announced Wednesday that Ron Cohen has been named president and COO of Squaw Valley Alpine Meadows. Cohen, who has served as interim president and COO at the resort since April, will move into the permanent position effective immediately.
July Retail Sales Increase 4.9 Percent Over 2017
July retail sales were up 0.4 percent seasonally adjusted from June and increased 4.9 percent unadjusted year-over-year, giving the industry a solid kickoff for the third quarter as consumers continued to spend despite concerns about the growing trade war, the National Retail Federation said Wednesday.
Camber Outdoors Announces Five Camber Exchanges In August
Camber Outdoors, the active-outdoor industries organization committed to a vision of everyone’s outdoors, is excited to announce five August events in the 2018 Camber Exchange series.
