SGB Update Outdoor
NRF Raises Retail Sales Forecast for 2016
The National Retail Federation revised its forecast for U.S. retail sales growth to 3.4 percent in anticipation consumer spending will remain steady.
Dick’s Sporting Goods Announces Grand Opening in Minnesota
Dick’s Sporting Goods will be opening its 10th store in Minnesota and 653rd store nationwide on Friday, August 12 at Marketplace Shopping Center in Waite Park.
Dick’s Sporting Goods Announces Grand Opening in Wisconsin
Dick’s Sporting Goods announced on July 26, 2016 that it will be opening its 13th store in Wisconsin and 652nd store nationwide on Friday, August 12 in Wausau, WI.
Ibex Partners with The Renewal Workshop
Ibex Outdoor Clothing announced themselves as a founding brand partner of The Renewal Workshop to refurbish Ibex’s “unsellable” returns and excess inventory, beginning in fall 2016.
Edelrid Announces Amazon Partnership
Announced July 26, 2016, EDELRID recently formed an exclusive retail partnership with NetRush of Vancouver, WA, a strategic agency that specializes in brand management on the Amazon marketplace.
Greg Herbold Retires After Quarter Century with SRAM
SRAM and RockShox announced the retirement of Greg “HB” Herbold on July 26, 2016.
Mountain Khakis Awards Ronnie Warner and JJ Anderson
Mountain Khakis announced Ronnie Warner as the 2016 “Rep of the Year” Award recipient and JJ Anderson as the “Life Untucked” Award recipient on July 26, 2016.
Blizzard / Tecnica Announce Team Changes
Blizzard/Tecnica announced on July 25, 2016 that Dana Greenwood will be the principal sales representative for Blizzard/Tecnica alpine products in New England and Charlie Hepburn has been promoted to principal sales representative in California and Nevada effective August 1, 2016.
Wolverine Worldwide Exceeds Q2 Guidance
Wolverine World Wide, Inc. (NYSE: WWW) beat guidance for the second quarter ended June 18 by reporting revenue declined 7.4 percent to $583.7 million.
Shimano Reports Weak 1H
A strong yen, stubbornly high bicycle inventories in the U.S. and slowing consumer spending in China led to weaker results at Shimano Corp. in the first half.
Wefunder to Scout Startups at Outdoor Retailer
Wefunder, a crowdfunding site that has helped tent maker Slingfin raise $50,000 in equity capital, will be scouting clients at Outdoor Retailer next week.
Unsecured Creditors Seek Speedy Sports Authority Liquidation
The Unsecured Creditors Committee in the Sports Authority bankruptcy case is requesting that the case be converted from a Chapter 11 proceeding to a Chapter 7 case.
OIA Reacts to Republican Platform
Outdoor Industry Association released a letter it sent to the Republic Party opposing its support for turning certain federal lands over to the states.
Oboz Celebrates Planting of Over a Million Trees
Oboz announced it has helped plant over a million trees since 2008 for Trees for the Future, an international aid organization that plants trees to improve the lives and environment of communities in Sub Saharan Africa through beneficial tree planting.
Oakley’s North American Sales Falter
Luxottica Group lowered its guidance after reporting North American sales of Oakley sunglasses declined in the second quarter due to poor performance in the sporting goods channel.
