SGB Update Outdoor
Report: RV Shipments Rise 6.6 Percent in 2024; Towables Grow 16 Percent
Towables, particularly Conventional Travel Trailers, continued to post a strong performance, with an 11.4 percent increase in December shipments compared to the previous year and an 11.8 percent increase for the full year.
Brookfield-Backed Trimco Group Acquires Nexgen Packaging
Nexgen Packaging’s management team will continue to manage the business under its current CEO, Jim Welch. The acquisition will allow both companies to integrate their global sales and manufacturing networks.
BJ’s Wholesale Club Adding Ohio Ambient Distribution Center
The new 500,000-square-foot facility, expected to open in early 2027, will join eight BJ’s clubs in the state.
Circana Sees Consumers Shift Back to Value and Need in January
During the combined weeks ending January 11 and January 18, discretionary spending was down flat compared to the prior year, the company reported, with major environmental events impacting the country.
Canada Goose Obtains Regulatory Relief for Share Repurchase Program
Absent the exemptive relief, the company said purchases under the Current Bid on the U.S. Markets would be limited to a maximum of 5 percent of its outstanding shares at the beginning of any 12-month period.
Canada Goose Appoints Luxury Fashion Vet as SVP Merchandising
Judit Bankus, most recently chief merchandising officer at Stella McCartney, is expected to play a key role in shaping Canada Goose’s product roadmap through a lens of sustainability and innovation.
Equip Outdoor Moves Group Marketing Director to Senior Role in U.S. Office
Jon Frederick will move to Colorado and now reportedly function as a senior figure in the U.S. office. Ross Herr will remain as Equip’s VP of U.S. sales. Adam Chamberlain has reportedly left the business.
Fitbit to Pay $12.5M Fine for Failing to Report Ionic Smartwatch Defect
Despite possessing information that reasonably supported the conclusion that the Ionic Smartwatch contained a defect that could create a substantial product hazard or create an unreasonable risk of serious injury, Fitbit did not immediately report to the CPSC as required.
Norco Bicycles Appoints Alan Lewis as General Manager; CEO Sean Sullivan Exits
Live to Play Sports Group (LTP) and Norco Bicycles have appointed Alan Lewis, son of Founder Bert Lewis, as general manager. Company CEO Sean Sullivan is leaving after two years of leadership at LTP/Norco.
Gregory Mountain Parent Announces Corporate Name Change
The company believes the new name — Samsonite Group — better reflects its portfolio of customer-centric brands under the Samsonite, Tumi, American Tourister, Gregory, High Sierra, Kamiliant, Lipault, and Hartmann brands as well as other owned and licensed brand names
Pearl Izumi Adds VP of Brand
Gwen van Lingen-OLY joins Pearl from Norco Bikes, where she was most recently head of the brand.
Recall: GiantMouse Pocket Folding Knives
The company sold roughly 600 recalled GM12 and GMP12 button-lock folding pocket knives with titanium or bronze milled scales. The folding knives’ locking mechanism could fail, posing a laceration hazard to the user.
Bass Pro Shops To Open Outdoor Superstore in Mississippi
The new 75,000-square-foot outdoor superstore is scheduled to open in 2027 along the I-10 corridor in Biloxi, MS. This will be the first Outdoor Superstore for Bass Pro Shops in southern Mississippi.
Jogology Adds Indie Sales Rep for Northeast
Cole Crosby joins the company as an independent rep with a decade of experience working with brands and retailers in the run specialty channel. His territory for Jogology includes Massachusetts, Maine, Rhode Island, Connecticut, Vermont, New Hampshire, and New York.
NMMA Names New CFO as Craig Boskey Eyes February Retirement
Chase Warden assumes the role on February 10 as longtime NMMA CFO Craig Boskey retires at the end of the month following 20 years with the Association.
