SGB Update Outdoor
Pacific Cycle Recalls Ascend Cabrillo and Minaret E-Bikes
Following reports of the electric bikes’ lithium-ion batteries overheating while charging, Pacific Cycle recalled the Ascend Cabrillo and Minaret electric bikes.
Airstream Appoints Vice President of Sales
GM of the Travel Trailer division, Bryan Melton, an outdoor and bike industry veteran, will assume his new role as VP of sales for the Travel Trailer and Touring Coach divisions immediately, replacing Justin Humphreys.
NSSF Concludes a Record SHOT Show
More than 55,400 industry professionals attended the four-day event with more than 2,600 companies exhibiting.
Fenix Outdoor International Appoints New CTO
The parent company of the Fjällräven, Royal Robbins, Hanwag, and Tierra brands promoted Head of Brands Business Tech and Deputy CTO Eefje Jacques to CTO, effective April 1. Current company CIO Jan Lindmark will retire on that date.
Sportsman’s Warehouse Adds Indie Board Director
Steve Becker is the new independent member of the company’s Board of Directors, effective immediately. He will serve as a member of the Board’s Nominating and Governance Committee.
KOA Expansion in Full Swing, Exceeding 510 Locations in 2023
The 20 new agreements in 2023 were said to be attributed to the KOA franchise development team’s efforts, marking a significant increase from 14 agreements in 2022.
RV Shipments Up 8.1 Percent in December, Down 36.5 Percent for 2023
Towable RVs, led by conventional travel trailers, ended the month up 11.4 percent from December 2022, while Motorhomes finished the month down 9.4 percent compared to the corresponding month in 2022 with 2,842 units.
Macy’s Shares Recover on Rumors of Another Buyout Bid
Sycamore Partners, the owner of retail brands Ann Taylor and Talbots, has been negotiating with Macy’s since December.
Nordstrom Adding Rack Location in Fort Myers, FL
The 31,000-square-foot store will be located at Bell Tower, a central shopping, dining, and entertainment complex in Fort Myers.
GearJunkie Parent Acquires Pack Hacker
Pack Hacker’s focus on travel gear reviews and buying advice is expected to complement AllGear Digital’s brand portfolio covering outdoor sports, cycling, surfing, and other outdoor pursuits.
Report: Nearly 8 of 10 Online Chargebacks Originate from Consumers, Not Fraud
Based on anonymized data obtained from Chargeflow’s merchant database, the company’s 2024 report found that 79.03 percent of chargeback cases result from friendly fraud, driving the need for businesses to adopt automated fraud detection solutions and educational initiatives.
Marine Products Corp. Sees Q4 Boat Unit Sales Sink 34 Percent
The parent of the Chaparral and Robalo boat brands said Q4 net sales came in at $70.9 million, down 35 percent from Q4 2022, primarily due to a 34 percent decrease in the number of boats sold during the quarter.
Report: Camper’s Preferences Could Mean More Business, New Employees
KOA created its 2023 Odds and Ends report to bring quirky and intriguing findings that showcase travel’s diversity and evolving nature. Many could mean more business for outdoor brands, retailers, campgrounds, and RV dealers.
Phantom Glide Expands Sales Team in U.S. and Europe
“With the launch of Phantom Glide Nordic and the strong momentum we’re seeing with Phantom Glide sales, we jumped at the opportunity to add two veteran sales managers to the team.” —Steve Kropf, Senior Vice President, Sales, Phantom Glide.
KV Capital Merges Two Powersports Brands Via Acquisition
The company anticipates merging the UTV Canada business with Mountain Sports Distribution, the full-service powersports distributor that joined the KV Capital Fund II portfolio in 2023. Financial terms were not disclosed.
