SGB Update Outdoor

Outerknown to Open Four Stores

Outerknown, the sustainable clothing brand, co-founded by pro surfer Kelly Slater, reported plans to open four brick-and-mortar retail stores, bringing the total operating store count to nine, with one store slated to open in Spring 2024.

Thor Industries Board Member to Retire

Thor Industries, Inc. announced that Wilson Jones, a member of its Board of Directors, is retiring effective December 15, following nine years of service.

Dalbello Appoints Global Brand Business Director

The Italian ski boot brand has confirmed that Giuseppe Bianchini was appointed as global brand business director this past summer and is now responsible for the brand’s “strategic direction in an international context.”

Krimson Klover Hires Pacific Northwest Sales Rep

Krimson Klover hired Katie Borgen as a sales rep covering the Pacific Northwest, which includes Oregon, Idaho, Washington, and Alaska. Borgen has a decade of experience working in the outdoor space.

Signa Sports’ Largest Shareholder Terminates Equity Commitment Letter

Signa Sports United N.V., which in early October announced plans to delist its shares from the NYSE, said it had received a termination notice concerning the unconditional Equity Commitment Letter from Signa Holding GmbH, an affiliate of the company’s largest shareholder Signa International Sports Holding GmbH.

SFIA Launches Super Regionals Series

The Sports & Fitness Industry Association is launching a Super Regional Series in November, offering members, partners and industry leaders the opportunity to come together to discuss business insights and topics driving today’s sporting goods and fitness environment.

REI Lays Off Nearly 275 Retail Employees

REI Co-op is laying off about 275 retail employees, roughly 2 percent of its in-store workforce, as the retailer implements updates to its store operations system and labor structure.

Consumer Sentiment Slides in October

The University of Michigan’s preliminary Index of Consumer Sentiment for October declined 7.5 percent from month-over-month in September to 63 from 68.1 and below the 67.4 reading that analysts had expected.

REI To Open Huntington Station Store

The 21,000-square-foot store in the Huntington Shopping Center in Huntington Station, NY will host a grand opening November 3-5. It is REI’s seventh store in the Tri-State area.