SGB Update

NRF’s Chief Economist Believes 2024 Ended on a High Note

Jack Kleinhenz’s comments came in the January edition of the NRF’s Monthly Economic Review, in which he reported that the 2024 gross domestic product was on track to grow 2.7 percent over 2023, based on results for the first 11 months of the year.

Sitka Gear Opens Eighth U.S. Storefront

Sitka Gear has opened a new brand store in Columbus, OH, carrying its technical hunting and outdoor apparel gear. The company will host a grand opening on January 11.

Massimo Group Adds New Illinois Distribution Center to Network

With the addition of this Illinois facility, Massimo Group’s nationwide distribution network now has six points of distribution, including Edison, NJ; City of Industry, CA; Port Wentworth, GA; Houston, TX; Garland, TX; and Edwardsville, IL.

SIA Appoints Four New Board Directors for 2025

Snowsports Industries America (SIA) appointed four outdoor industry veterans to its Board of Directors for 2025: Gary Fleming, Sergio Kiehl, Helmut Holzer, and Drew Saunder to bring a global perspective to the association.

Acon Investments Takes Controlling Stake in True Religion

Founded in 2002, True Religion has been a staple in the global denim and apparel industry for over decades. The company opened three new stores prior to Christmas 2024, bringing its total retail footprint in the U.S. to 51 doors.