SGB Update Outdoor
New Backcountry Owner Taps Schottenstein Affiliates for $112M Financing Support
Schottenstein affiliates Second Avenue Capital Partners, SB360 Capital Partners and Ares Commercial Finance have closed on a $112 million Senior Secured Revolving Credit Facility and Term Loan for Backcountry.
Report: Strong Mall Traffic in August Reflects Strong BTS Season
Research and data analytics firm Placer.ai said that malls ended summer with a bang. College students and families with children were overrepresented among end-of-summer mall hoppers – though not for all mall types, the company suggested.
The Lycra Company Publishes Latest Sustainability Update, Progress Versus 2030 Goals
The sustainability goals outlined in the company’s third annual report are structured around three pillars and align with five United Nations Sustainable Development Goals.
SportRx Adds New Leadership in Marketing, Sales and Operations
SportRx has hired Monica Rigali as VP of marketing and Curtis Ellis as VP of sales and operations. They will report to Rob Tavakoli, who was promoted to CEO in 2022 after nearly 18 years working for the company.
Report: Companies are Lowering the Talent Bar and Modifying Job Requirements
Companies are challenged to find both best-fit outside candidates and identify and cultivate existing talent,” Betterworks observed in the survey summary report.
American Camp Association’s COO to Take Reins as President & CEO Exits
ACA’s president and CEO, Tom Rosenberg will be stepping down next month. The association’s COO, Henry DeHart, will become interim CEO. Rosenberg will support DeHart through the end of the year to ensure a seamless transition.
Outdoor Recreation Industry Convenes Briefing on Impacts of U.S. Trade Policy
Industry stakeholders in the virtual meeting emphasized that growth in the outdoor recreation economy is threatened by ongoing trade disruptions and the expiration of essential trade programs, including the Generalized System of Preferences.
Report: August Retail Sales Growth Slowed Sequentially from July Trend
August’s core retail sales, as defined by the NRF, are based on census data, excluding auto dealers, gas stations and restaurants, were reportedly up 0.3 percent m/m seasonally-adjusted and up 3.3 percent y/y unadjusted.
Lazydays Holdings Promotes Amber Dillard to Chief Operating Officer
The newly minted COO sits on the Board of the Lazydays Employee Foundation, which is dedicated to helping at-risk kids in the communities the company serves.
NRF Names Jill Dvorak as Senior VP of Content
Dvorak previously served at the NRF as vice president of content and retail strategy from 2017 to 2022. Before returning to the NRF, Dvorak was the chief content officer at CommerceNext.
Western Mountain Destinations See August Pick-up in Winter Bookings
Early winter occupancy rose during August after being down sharply for the past few months with the first four winter months all reporting improvements from just one month ago.
NRF and Comexposium Expand Retail’s Big Show to Europe
The marriage of NRF Retail’s Big Show and Paris Retail Week to create Retail’s Big Show Europe broadens with the rebranding of the Paris Retail Week annual conference and exhibition beginning in 2025.
Report: Leisure Footwear, Portable Beverageware Rise to Top of BTS Shopping Lists
Circana said in a media release that this year’s BTS spending is following a pattern similar to last year, but it’s falling short of last year’s performance.
Lazydays Holdings Appoints Interim CEO as John North Exits
former SVP of Operations Ron Fleming is returning to the company and has assumed the role of Interim CEO and joined the Board of Directors on September 14, 2024.
Hoka Parent Deckers Brands to Execute Six-for-One Forward Stock Split
The parent company of the Ugg, Hoka, Teva, Koolaburra, and Ahnu brands reported that its stockholders approved the forward stock split measure during its September 9, 2024 annual meeting.
