SGB Update Outdoor
Houlihan Lokey Hires Nathan Pund
Houlihan Lokey, the investment bank, announced that Nathan Pund has joined the firm as a managing director in the Consumer, Food, & Retail (CFR) Group. He is based in Dallas, TX, and will continue his focus on the active lifestyle, outdoor, and tactical sectors.
Strava Names Chief Product Officer
Strava, the social network for athletes, named Stephanie Hannon as chief product officer. Hannon, an ex-Googler who served as chief technology officer on the Hillary for America campaign, joins Strava to lead the next chapter of the company’s product and platform expansion.
Crocs Increases Q4 Guidance
Crocs is increasing its previous fourth quarter revenue guidance from between $180 and $190 million to between $195 and $198 million, which approximates 5 percent growth over the prior year’s fourth quarter revenues of $187.4 million.
Grassroots Fall Connect Show Moving To Denver
The Grassroots Outdoor Alliance will be moving its Fall 2018 buying show, Grassroots Outdoor Alliance, to Colorado Convention Center in Denver, starting in November. The first expo will take place November 4 to 7.
Billabong To Merge With Quiksilver
The parent of the Quiksilver, DC Shoes and Roxy, B0ardriders Inc., agreed to acquire rival Billabong International Ltd., creating combining two of the largest active sports brands worldwide.
All Good Adds Ambassadors
All Good, makers of organic skincare and reef-friendly sunscreens, announced professional athletes Sensi Graves and Moona Whyte as the newest members of its brand ambassador team.
Yeti Partners With Ski Resorts
Yeti announced new partnerships with some of the nation’s most historic mountain resorts, including: Jackson Hole Mountain Resort, Squaw Valley Alpine Meadows, Copper Mountain, Killington Resort, Mt. Bachelor Village Resort, and Steamboat Resort.
Camping World Announces Initial List of Gander Outdoors Openings
Gander Outdoors, formerly known as Gander Mountain, announced the initial list of 69 stores that are scheduled to open by May 2018.
L.L.Bean U.S. Cross Country Championships Begins January 3
The top cross-country skiers from across Alaska and America will compete for more than prestigious national titles in the 2018 L.L.Bean U.S. Cross Country Championships, which begin Wednesday, January 3, and continue through Monday, January 8, at Kincaid Park.
J. C. Penney Sees 3.4 Percent Gain In Holiday Sales
J. C. Penney Company Inc. announced that its comparable store sales for the combined nine-week period ending December 30, 2017 increased 3.4 percent over the same period last year. The company also reaffirmed all components of its most recent full-year financial guidance for fiscal 2017.
Macy’s Reports Positive Comp Sales For November/December
Macy’s Inc. announced that its comparable sales on an owned basis increased 1.0 percent in the months of November and December 2017 combined, compared to the same period last year. Active apparel, shoes, dresses, coats, fine jewelry, men’s tailored clothing, children’s and home were all top performers.
Powerstep Parent Files Infringement Lawsuit
Stable Step, LLC, a leading provider of prefabricated orthotics and insoles under the Powerstep brand, has filed a lawsuit in the Southern District of Florida against Foot Care Store, Inc./Dia-Foot, distributor and retailer of Pure Stride orthotics.
Dakota Grizzly Launches RSVP Retail Program
For every online sale shipped in a zip code region where there are Dakota Grizzly dealers, those retailers will get a bi–annual check disbursement from the online sales made.
Flowfold Hires East Coast Sales Agency
Flowfold has partnered with The Taku Agency and veteran sales rep Beaty Jackson to increase wholesale distribution of Flowfold products starting in 2018.
OEKO-TEX Updates Product Guidelines
In 2018, the OEKO-TEX Association will provide further targeted support on issues relating to consumer protection and sustainability throughout the textile value creation chain.
