SGB Update

On Lifts Guidance On North America Momentum

Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.

Cascade Designs Hires National Sales Manager

Cascade Designs, the parent company of MSR, Therm-a-Rest, Platypus, SealLine, and PackTowl, hired Jaime Buyagawan as national sales manager overseeing its U.S. Outdoor Specialty channel.

RV Retailer Announces Leadership Appointments

RV Retailer, LLC announced it hired Jennifer Robinson as vice president and chief financial officer, Mario Lozada as chief information officer and Shahnaz Broucek as chief leadership coach and culture development officer.

Ammo’s Q1 Sales Expand 37 Percent

Ammo Inc., the owner of GunBroker.com, continued to show strong momentum in both its ammunition and marketplace divisions in the first quarter of Fiscal 2023, as revenue increased 37 percent from the first quarter of Fiscal 2022.

Carhartt Hires Chief Brand Officer

Carhartt announced it hired Susan Hennike as chief brand officer reporting to Linda Hubbard, president and chief operating officer of Carhartt.

Super Shoes Closes Store In Pennsylvania

Super Shoes has closed its location on Philadelphia Street in Indiana, PA. The chain continues to operate 41 stores in the Northeastern and Mid-Atlantic states as well as Supershoes.com.

Nike Closes Offices For “Well-Being Week”

Nike, Inc., for the second consecutive year, has closed its global corporate office from August 15-19 for “Well-Being Week,” for Nike employees to “relax and recharge.”

Trek Bicycle Appoints VP Of Ascend

Trek Bicycle, based in Waterloo, WI, announced that longtime executive Roger Gierhart will take the helm as vice president of Ascend, the retail management system that Trek sells to independent retailers.

Dillard’s Posts Flat Comps In Second Quarter

Dillard’s, Inc. reported earnings fell 12 percent in the second quarter ended July 30 on flat same-store sales. Earnings in the six months rose 20.5 percent on a 10 percent comp gain.