SGB Update Outdoor

Honey Stinger Appoints Another New CEO

Most recently, John D’Alessandro was chief marketing officer for Nutraceutical Corporation where he was credited with orchestrating the development of over 35 brands.

Lacoste Names New Head of Finance

Philippe Gautier returns to Paris and assumes the role of executive vice president of Finance for Lacoste from Denis Lamoureux who has been in the position since 2017.

Perfect Moment Closes Its Initial Public Offering

Perfect Moment, Ltd. closed its initial public offering of 1,334,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of approximately $8 million.

NRF: Import Cargo Continues to Rise Despite Red Sea Disruptions

U.S. ports covered by Global Port Tracker handled 1.87 million Twenty-Foot Equivalent Units, one 20-foot container or its equivalent, in December, the latest month final numbers are available, down 1 percent from November but up 8.3 percent year-over-year, the report indicated.

Newell Brands Sees Q4 Active Outdoor Lifestyle Sales Fall 22 Percent

The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, reported fourth quarter net sales of $2.1 billion, a 9.1 percent decline compared to the prior-year Q4 period, reflecting in part, the impact of category exits and favorable foreign exchange.

Tractor Supply Comps Down 4.2 Percent in Q4 as Net Income Declines

Fourth quarter net sales decreased 8.6 percent to $3.66 billion, compared to $4.01 billion in the fourth quarter of 2022. The company said the prior year’s fourth quarter included an extra sales week as part of the company’s 53-week calendar in 2022