Traveling With Millenials
Millennials will be the core customer group of airlines, hotels, and travel companies, within five-to-ten years.
Helen of Troy’s Houseware Sales Increase 2.6 Percent In Q3
The gain reflected an increase in online channel sales, incremental distribution with existing customers, international growth, and new product introductions for both Hydro Flask and OXO brands that helped offset weak store traffic at traditional brick and mortar retail, and the unfavorable comparative impact of strong sales into the club channel.
Columbia Sportswear To Skip Outdoor Retailer Show
Columbia Sportswear said it has made the “difficult decision” to not attend the Outdoor Retailer + Snow Show in Denver. Arc’teryx is also not attending, according to a report from Gearjunkie.
Ruffwear Partners With National Ski Patrol
The new partnership speaks to the support of both organizations for the work patrollers do with avalanche rescue dogs all over the country.
Mystery Ranch Appoints Marketing Director
Mystery Ranch announced the internal promotion of Ryan Holm to the new position of marketing director.
Headsweats Welcomes New Ambassador Team
Thirty-five outstanding athletes were selected from over 500 applications based upon their personal and athletic accomplishments within their sport.
Outdoor Retailer Sets Education Schedule
Snowsports Industries America (SIA), the non-profit trade association for the winter sports industry, and Outdoor Industry Association (OIA), the non-profit trade association for the outdoor industry, released the Outdoor Retailer + Snow Show Industry + Intelligence schedule and the Outdoor University education schedule.
Moody’s Revises Boardriders’ Rating Outlook To Positive
Moody’s said the combination of Boardriders and Billabong “combines the two premier companies in the global action sports apparel industry with complementary business philosophies, product offerings and geographic footprints, which could potentially drive material cost savings over time.”
Maurice Sporting Goods Completes Sale To Middleton Partners
Maurice Sporting Goods, LLC, one of North America’s largest distributors of outdoor sporting goods, said it’s again set to pursue growth now that it completed its fully capitalized following its acquisition by Middleton Partners.
Big 5 Cuts Q4 Guidance On Weather Woes
Big 5 Sporting Goods Corp. slashed its fourth-quarter earnings guidance as “extraordinarily dry and warm weather conditions” led to a double-digit comp decline in December.
Spalding Partners With BSN Sports In Team Channel
In a letter to team dealers received from SGB, Spalding has indicated that BSN Sports will now handle sales of Baseball, Football, Soccer and Volleyball products sold into the team channel.
Kohl’s Lifts Guidance On Strong Holiday Comps
Kohl’s Corp. reported that its total and comparable sales for November and December 2017 combined increased 6.9 percent over the same period last year.
Retail Imports End 2017 With 7 Percent Growth as Industry Sales Continue to Increase
Imports at the nation’s major retail container ports grew 7 percent during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Houlihan Lokey Hires Nathan Pund
Houlihan Lokey, the investment bank, announced that Nathan Pund has joined the firm as a managing director in the Consumer, Food, & Retail (CFR) Group. He is based in Dallas, TX, and will continue his focus on the active lifestyle, outdoor, and tactical sectors.
Kinsey’s Acquires Pape’s
The Kentucky and Pennsylvania warehouses will operate independently until there is integration to one computer system.
