SGB Update Outdoor
Report: Online Apparel Sales Nearly Triple on Cyber Monday
Consumers spent a total of $12.4 billion on Cyber Monday, November 27, according to final Adobe Analytics data, up 9.6 percent from $11.3 billion on Cyber Monday 2022, which was the previous single biggest online spending day of all time.
Academy Sports Opens Seven New Stores in November
Academy Sports + Outdoors opened seven new stores in five states in November 2023 to complete its fiscal 2023 new store planned openings. The retailer opened 14 new stores in fiscal 2023 and plans to expand to reach its goal of opening 120 to 140 new stores by the end of 2027.
Schoeller Textil Appoints Western Regional Sales Manager
Schoeller Textil AG announced that Brett Jacobson had joined its North American team as western regional sales manager.
Roark Names Active Lifestyle Industry Vet as CEO
New CEO Jason Steris joined action sports brand Volcom in its early years and spent 23 years at the brand, holding various positions from national sales manager to COO, president and CEO. More recently, he was CEO at the motocross and mountain bike gear brand Troy Lee Designs.
Canada Goose Acquires First European Manufacturing Facility
Canada Goose announced that it acquired the operating assets of Romania’s Paola Confectii Manufacturing, the brand’s first European facility.
Mountain Warehouse Reports Sales Uptick In First Half, Steeped-Up Openings
Mountain Warehouse, the London-based outdoor specialty store with 370 shops across Europe, the U.S., Canada, and New Zealand, reported sales “rebounded strongly” to reach “record” levels of £171 million ($216 mm) in the six months ended August 31.
OIA Names New Director of Sustainable Business Innovation
The Outdoor Industry Association hired Julie M.H. Brown as director of sustainable business innovation to direct and manage its sustainability department.
REI Hires VP of Public Affairs and Impact
REI hired Roma McCaig as VP of public affairs and impact. Most recently, she was the SVP of impact and communications at Clif Bar & Company.
Arc’teryx Veteran Joins Sugarhouse Creative
Sugarhouse Creative hired Dan Green, a former VP of design and senior director of advanced concepts at Arc’teryx, as director of advanced concepts, a new role for the company.
Second Chance Opens European Office and Warehouse
Second Chance Ltd, a sporting goods distributor specialising in golf, cycling, football, fishing and connected sports technology based in Frankfurt, Germany, announced the opening of a new trading business, and limited GmbH company, SC Distribution Europe.
United Sports Brands Acquired by Norwest Equity Partners
Norwest Equity Partners (NEP) has acquired United Sports Brands, the parent of Shock Doctor, McDavid, Cutters, Nathan, Pearl Izumi, and Glukos, from Bregal Partners. NEP’s history with USB brands dates to 2008, when it acquired Shock Doctor as part of its consumer products portfolio.
Backcountry Sells Bergfreunde European Subsidiary
Backcountry reported it entered into a definitive agreement to sell its European subsidiary, Bergfreunde, to Decathlon, the largest sporting goods retailer in the world.
Report: Black Friday Traffic Sees Uptick
Sensormatic Solutions released its initial shopper visit data for U.S. brick-and-mortar stores and shopping centers for Black Friday, November 24, noting that foot traffic increased 4.6 percent compared to 2022.
Report: U.S. Black Friday Retail Sales Up Modestly
According to Mastercard SpendingPulse, retail sales grew 2.5 percent year-over-year on Black Friday, slowing as expected from a gain of 12 percent on the same day a year ago.
Report: Black Friday Sees Record Online Spending
According to Adobe Analytics, a record $9.8 billion was spent online in the U.S. for Black Friday, up 7.5 percent year-over-year (YoY). Adobe had estimated this year’s Black Friday sales at $9.6 billion.
