SGB Update Outdoor
Outdoor Voices Secures More Funding
Outdoor Voices, the women’s fitness apparel startup, has raised $34 million in a series C round, according to a regulatory filing.
Quiksilver Waterman To Sponsor World’s Largest Paddle Festival
The Carolina Cup, the world’s largest festival combining paddle races, clinics, product displays, and entertainment has attracted the support of Quiksilver Waterman as title sponsor.
Sharkbanz Brings Distribution To Australia And Asia Pacific Territories In-House
Sharkbanz (Mano LLC), the wearable shark deterrent, is now managing all sales and partnerships in Australia and Asia Pacific territories in-house.
Dick’s Q4 Earnings Arrive At Upper End Of Guidance
Dick’s Sporting Goods reported earnings fell 13.8 percent before non-recurring charges in the fourth quarter, to $127.3 million, or $1.22 a share, but came in at the top of guidance. Same-store sales slid 2.0 percent, in line with guidance. Earnings for 2018 were guided to be flat to down 7 percent.
Cascade Designs Appoints New CEO
Cascade Designs Inc. announceD that outdoor industry veteran Jerry Heinlen will be the company’s new CEO.
Deckers’ Shares Slide On Marcato Sale
Shares of Deckers Outdoor fell $7.22, or 7.4 percent, to $90.28 on Monday after CNBC reported that Marcato Capital Management, the activist investment firm, had sold its stake in the company.
Clarus’ Q4 Sales Climb 27 Percent
Clarus Corp., the parent of Black Diamond Equipment, Sierra Bulletts and PIEPS, reported sales in the fourth quarter rose 27 percent along with strong earnings improvement.
Former Newell Director Indicates Support For Starboard’s Efforts In Public Statement
Starboard Value LP, the hedge fund seeking to replace Newell Brands’ board, commented on the public support for Starboard’s efforts provided by Kevin Conroy – the 5th director to resign from Newell’s Board of Directors since late January.
Berkshire Hathaway’s Apparel Segment Sees Modest Gain In 2017
Berkshire Hathaway Inc. reported sales from apparel and footwear businesses – including Fruit of the Loom, Garan, H.H. Brown Shoe Group and Brooks Sports – increased 1.2 percent in 2017 compared to 2016, to $4.2 billion.
Eagle Creek Promotes Dan Funk To Retail Merchandising Manager
Eagle Creek is proud to announce they have promoted Dan Funk to Retail Merchandising Manager.
Clarus Promotes John Walbrecht To President
Clarus Corp., the parent of lack Diamond, Sierra and PIEPS, promoted John Walbrecht to president. Walbrecht has been with Clarus for nearly 18 months, serving as president of the company’s Outdoor Group.
Nordstrom Announces Investments In Digital Technology
Nordstrom closed deals to acquire two retail technology companies: BevyUp, the innovators behind a digital selling tool, and MessageYes, a platform rooted in conversational commerce.
Fisher + Baker Bolsters National Retail Strategy With New Hire
Fisher + Baker, a boutique menswear brand, has hired Jessica Rush as senior account executive.
Gander Outdoors Prepares For Grand Opening In Fort Wayne, IN
Gander Outdoors, formerly known as Gander Mountain, is open in Fort Wayne, IN.
Retail Jobs Increased By Over 46,000 in February
Retail industry employment increased by 46,400 jobs in February over January, the National Retail Federation said. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 313,000 jobs, the Labor Department said.
