SGB Update

Macy’s Lifts Guidance On Strong Q1

Macy’s Inc. raised the company’s annual guidance after reporting first-quarter earnings that came in well ahead of Wall Street targets and a 3.9 percent gain in same-store sales.

RG Barry Adds to Exec Team

RG Barry Corporation, the maker of lifestyle footwear and accessories under the Dearfoams, Baggallini, and Foot Petals labels, appointed Scott Erdman as president of Baggallini, and  Joseph Bean as SVP of e-commerce wholesale.

Boot Barn’s Q4 Earnings Soar

Boot Barn Holdings reported net income more than doubled in the fourth quarter ended March 31 as sales grew 12.1 percent.

Scarpa Relaunches N.A. Website

Scarpa has relaunched the company’s North American website to place a bigger heritage as the company celebrates an 80-year anniversary. 

Camber Outdoors Announces OR Summer Market Events

Camber Outdoors has announced its lineup of events during the Outdoor Retailer Summer Market 2018 in Denver, CO. The events are focused on advancing the active-outdoor industries through convening and conversations on equity, inclusion and intersectionality.

North Face Endurance Challenge Series Commits To Reusable Cups

The North Face announced a commitment to eliminate disposable cups for its Endurance Challenge Series events. Hydrapak has been named as the official hydration sponsor of the series and will provide reusable Hydrapak Speedcups to runners.

DPS Appoints VP of Global Sales & North American Sales Director

Salt Lake City, UT-based ski manufacturer DPS has added sports industry veterans Sergio Kiehl and Steve Kropf to the brand’s internal sales team. Kiehl has been appointed vice president of global sales, and Kropf has been appointed North American sales director.

RECALL: Ortovox 3+ Avalanche Beacons

Ortovox is launching a precautionary recall of 3+ avalanche beacons running software version 2.1, no matter what color. This is due to a very rarely occurring software error that can cause a disruption of the transmission function, potentially prolonging the search process.

Yuba Opens New Distribution Center In France

Yuba Bikes is expanding distribution throughout France and Europe with the establishment of a new distribution center, Cargo Bike Distribution SAS, near Annecy, France.

Technogym Sales Increase 6.1 Percent In Q1

Technogym, a Cesena, Italy-based fitness equipment company, reported revenue for the first quarter of €124.7 million (US$147.9 million), up 6.1 percent compared to the same period a year ago. At constant exchange rates, Technogym’s Q1 revenue increased 12 percent year over year.