SGB Update Outdoor
Early Rider Appoints U.S. PR Pro as President
The UK-based company said that James Beechinor-Collins aims to accelerate Early Rider’s U.S. growth, develop new markets for Velio and expand partnerships with retailers and marketplaces in his new role.
Sportsshoes.com Appoints First Partnerships Coordinator
Georgia Malir will manage run and fitness community partnerships. She joins the company from Saucony, where she was a technical rep.
Stan’s Appoints Bike Industry Vet as Director of Global Marketing
The performance cycling products brand appointed Jeff Lockwood as director of global marketing. Lockwood arrived at Stan’s after a seven-year stretch as international marketing manager for Ritchey in Belgium.
DHS Outlines Enforcement Actions to Support U.S. Textile Jobs
The Department of Homeland Security outlined an enhanced strategy to combat illicit trade and level the playing field for the U.S. textile industry, which accounts for over 500,000 U.S. jobs and is deemed critical to U.S. national security.
Stromer Launches Online Shop in the Netherlands
Stromer set itself the goal of offering customers a mobile solution with its Speed Pedelecs. With an online shop, the brand is working with its dealer network to offer customers the added option of an uncomplicated consumer experience.
Thule Group Recalls Certain RideAlong Child Bike Seats
The harness padding of the bike seats can contain flame-retardant DecaBDE in excess of regulatory limits, posing a chemical hazard. Only model number 100107 and date codes 21/3-23/10 are included in this recall.
NBDA Expands E-bike Database Initiative
The National Bicycle Dealers Association database is meant to be a vital tool for retailers, consumers, e-bike incentive programs, and municipalities seeking to ensure the highest standards of safety and quality in the e-bike market.
CPSC Issues Recall Warning on Certain Refillable Fuel Bottles
CPSC issued a Notice of Violation to the seller Shenzhen Pink Vine Technology Co. Ltd., of China, but the firm has not agreed to recall these fuel bottles or offer a remedy to consumers.
Massimo Group Closes IPO; Commences Nasdaq Listing
The manufacturer and distributor of powersports vehicles and pontoon boats, closed on the initial public offering of 1,300,000 shares of its common stock at an IPO price of $4.50 per share.
Christy Sports Shuttering All New Mexico Stores
Christy Sports operates six stores in New Mexico, including four in Taos Ski Valley under the banners Cottam’s, Alpine Xtreme and Bootdoctor’s. One location in downtown Taos is under Cottam’s, and there is one seasonal Cottam’s in Santa Fe.
Consumer Confidence Index Flat in March, but Outlook Index May Signal Trouble Ahead
The Consumer Confidence Index was 104.7 in March, essentially unchanged from February. But the Expectations Index, based on consumers’ short-term outlook for income, business and labor market conditions, fell to 73.8, which is in recession territory.
NRF: Economy Remains ‘Sturdy’ Despite Forecast for Slower Growth
Adjusted for inflation, GDP is expected to grow about 2.3 percent year-over-year, slower than last year’s 2.5 percent but still strong enough to sustain job growth that drives consumer spending.
Sportsman’s Warehouse Posts DD Same-Store Sales Decline in Q4; Swings to Loss
The retailer reported lower-than-expected Q4 sales for the 14-week period ended February 3, but indicated it was successful in reducing excess inventory. Same-store sales decreased 12.8 percent on a 13-week comparable basis.
Leki USA Hires New Sales Representation for Great Lakes Region
Specialty Sports Reps (SSR) will cover the Great Lakes trekking and outdoor retail territory (Michigan, Ohio, Indiana, and Kentucky), effective immediately.
Peak Ski Company Appoints Director of Operations
Alex Ford was, most recently, operations manager and has been with the company since its launch In April of 2022.
