SGB Update Outdoor
Walmart Will Conduct 3:1 Stock Split
Shares to be issued in the stock split will be payable after market close on February 23, for shareholders of record at the close of business on February 22. Shareholders will receive a distribution of two additional shares of common stock for each share held.
Nordstrom Plans Two New Rack Locations in North Carolina
The new stores will be located in Raleigh and Matthews. The 32,000-square-foot Raleigh store will be located in Triangle Town Place open in fall 2024, while the 25,000-square-foot Matthews store outside Charlotte is expected to open in spring 2025.
Canyon Bicycles Appoints Chief Technology Officer
Chad Manuell was named chief technology officer and joined Canyon’s executive leadership team. He is responsible for driving innovation and ensuring the development and delivery of products to achieve the company’s long-term objectives.
Big Agnes Awards CDMC Sales Agency of the Year
Rob Cairns, Joni Collett and Drew Robinson received the credit for the award for “outstanding performance in the Western Canadian territory.”
SIA Appoints New Board Chair; Adds Four Board Members
Burton’s VP of Global Supply Chain, Rachel Grogan-Cook, is the new chair of the SIA Board of Directors, and the trade association added four new directors: Erik Anderson from Salomon, Danica Carey from Seirus, Jennifer McVey from Nidecker Group, and Shane Wallace from Dakine.
66°North Appoints CCO; Hires North America and EMEA Sales Chiefs
Jeppe Møller will take on the role of chief commercial officer after consulting with the brand in 2023. Justin Warren has joined the team as sales director for North America and Mike Massoulier Eriksen has been appointed head of sales EMEA.
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.
