SGB Update Outdoor

Sole Appoints Hawaiian Reps
Sole announced a new partnership with John Akana and his team at ANH International Marketing Group, who will be representing the footbed brand in Hawai.

Kelty Recognized By The Conservation Alliance
Kelty was awarded The Conservation Alliance’s 2017 Outstanding Partnership Award, presented at Outdoor Retailer Summer Market 2017 for the company’s continued contributions to Conservation Colorado.

West Marine Sees Fatter Margins Offset Lower Q2 Sales
West Marine Inc., which on June 29 agreed to be acquired by a private equity firm, reported basically flat earnings before charges in the second quarter as fewer markdowns offset a small sales decline.

Walmart Heirs Acquire Rapha
Rapha, the British cycling lifestyle brand, stated that U.S.-based RZC Investments is now the majority shareholder in the business.

Rossignol Debuts Mountain Bike Collection For Spring 2018
Following the acquisitions of Time Sport and Felt Bicycles, the Rossignol Group will continue its expansion into the cycling market with the introduction of a new Rossignol Bike collection.

Teton Gravity Research Unveils 22nd Ski And Snowboard Film
Premiering in Jackson Hole, WY on September 16, “Rogue Elements” explores the relationship between the whims of Mother Nature and the rogue nature of the adventurer.

Gaia’s Revenues Surge In Q2
Gaia Inc. reported total revenues were up 56 percent in the second quarter to $6.6 million

West Marine Sees A Slight Decline In Q2 Comps
West Marine Inc. reported second quarter 2017 net revenues were $247.2 million, a decrease of 1.7 percent compared to the same period last year. Comparable store sales were down 1.2 percent.

Columbia Announces Resignation Of Prana Brand CEO Scott Kerslake
Kerslake intends to resign his position, effective August 18, in order to assume another leadership position in an adjacent industry.

Black Diamond’s Q2 Loss Expands Slightly
Black Diamond slightly widened its loss in its second quarter ended June 30. Revenues grew with help of the launch of Black Diamond climbing shoes, its new ropes line as well as updates to harness, carabiner and helmets.

GU Energy Labs Unveils Small Batch Collection
Last fall, GU Energy Labs turned to its community of athletes to nominate and vote for the next great Energy Gel flavor. After the votes were tallied, GU’s innovation team hit the kitchen.

Unifi Announces Executive Team Additions And Promotions
Unifi Inc. appointed Richard E. Gerstein as executive vice president, global branded Premium Value Added (PVA) products and chief marketing officer, and John Vegas as executive vice president, global chief human resources officer, effective August 14 and 21, respectively.

Dick’s Sporting Goods To Open Five New Stores In Three States
The omni-channel sporting goods retailer will be opening two new Dick’s stores and three new Field & Stream stores in the first half of August.

Fox Factory’s Q2 Revenues Climb 18 Percent
The increase reflected a 42.7 percent increase in sales of powered vehicle products and a 2.9 percent increase in sales of bike products.

Dorel Sports Sees 11.6 Percent Q2 Sales Drop
Part of the revenue shortfall in the second quarter resulted from weakness in consumer demand in the mass bike channel due particularly to the prolonged unfavorable North American weather.