SGB Update Outdoor
US Retail Bankruptcies Weigh on Thule
Thule Group reported its net sales grew just 0.5 percent in the Americas in the second quarter as the liquidation of Sports Authority and Sport Chalet depressed the overall market.
SRAM Buys Kickstarter Startup Shockwiz
SRAM has acquired Shockwiz, a tuning assistant for air-sprung mountain bike forks and rear shocks that was being launched on Kickstarter by Dusty Dynamics.
Trending: Outdoor & Fitness Dating Apps
The trend of fitness-matching apps hasn’t lost steam yet. LuvByrd launched its version of Tinder-meets-active-lifestyle compatibility matching in a new tool that helps “adventurous” singles across the country find a mate with similar outdoor interests.
OIWC Honors Energybits as a Top Woman-led Sports Co.
The Outdoor Industry Women’s Coalition awarded Boston-based Energybits a coveted spot in Pitchfest, a startup competition for women-led sports companies.
Time Sport USA Operations Transition to Rossignol Headquarters
Management of Time Sport USA has transitioned to the Rossignol Group’s North American headquarters in Park City, UT, as of July 6 2016.
Zalando Estimates Second Quarter Sales Reached $1 Billion
Zalando SE, which has emerged as a leading online fashion retailer across Western Europe, released preliminary figures showing its revenues grew 24 to 26 percent to €909-924 million in the second quarter.
Report: Sports Authority Accelerates Store Closings
Sports Authority is looking to liquidate and close the majority of its stores by the close of July instead of by the end of August, according to a report in the Wall Street Journal.
Focus SUP Hawaii Appoints Director of Sales
Focus SUP Hawaii hired Shain Logeais as its Director of Sales.
EMS and Bob’s Complete Restructuring
Versa Capital Management, LLC announced the formation of Eastern Outfitters, LLC, which will continue the restructured and recapitalized operations of Eastern Mountain Sports (EMS) and Bob’s Stores (Bob’s). EMS and Bob’s will operate as business units of Eastern Outfitters, LLC, a new holding company with over $400 million in annual multi-channel revenue
Dick’s and Field & Stream Cohabitate NY Store
Dick’s Sporting Goods will open a new Dick’s Sporting Goods and Field & Stream store on August 5 at Latham Farms in Latham, NY (579 Troy Schenectady Rd).
Nemo Buffs Team with New Product Hires
Nemo Equipment, Inc., an award-winning outdoor gear manufacture, added five new hires to its team, including a product development manager, product line manager, demand planner, graphic designer and customer service and operations assistant.
Amazon to Add Another Fulfillment Center
Amazon.com Inc. announced plans to open a fulfillment center in Sacramento that will be its tenth in California and fourth announced for the state in four months.
Sportsman’s Warehouse to Hold Grand Opening in Roseburg, OR
Sportsman’s Warehouse is expanding its operations to include a new retail location in Roseburg, Oregon.
RECALL: Dynafit Carbon Khion Ski Boots
Dynafit is recalling the Men’s, Women’s and Carbon Khion ski boots in North America.
Vaude Commits to Greenpeace Detox Goal
Vaude has committed to meet the Greenpeace Detox challenge, which asks outdoor apparel brands to eliminate all hazardous chemicals in its supply chain by 2020.
