SGB Update Outdoor

CNBC/NRF: March Retail Sales Grew 2.7 Percent

Total retail sales, excluding automobiles and gasoline, were up 0.36 percent seasonally-adjusted month-over-month and up 2.7 percent unadjusted year-over-year in March, according to the Retail Monitor.

Salomon’s President & CEO Departs

Franco Fogliato, president and CEO of Salomon, is leaving the company for personal reasons. James Zheng, CEO, Amer Sports, will reportedly lead Salomon and the Outdoor Performance division on an interim basis.

Carbitex Strengthens Global Team With New Hires

Filippo Sartor was hired as VP of global sales and Sam Gardner as VP of engineering and operations to better serve strategic brand partners, achieve forecasted growth in the short and long term and expand global market presence.