SGB Update

NPD: Kids’ Activewear Sales Increased 34 percent In 2021

Overlapping with the return of in-person learning and sports activities this year, revenue from kids’ activewear increased by 34 percent in the U.S., from January through October versus last year, according to The NPD Group.

SIMA Appoints Executive Director

The Board of Directors of the Surf Industry Manufacturers Association (SIMA) announced the appointment of industry marketing veteran Vipe Desai as executive director effective immediately.

SilencerCo Appoints Creative Marketing Director

SilencerCo, based in West Valley City, UT, appointed Rich Wilkins as the new Creative Marketing Director. Wilkins will be responsible for the creative strategic direction of the manufacturer of firearm suppressors.

CCM Hockey To Merge With Jackson Ultima And Atom

Sport Maska Inc., the Montreal-based owner of the CCM Hockey brand, announced the acquisition of Tournament Sports Marketing, Inc., the owner of the Jackson Ultima and Atom brands.

Thor Industries Q1 Sales Expand 56 Percent

Thor Industries reported net earnings rose 113 percent in the first quarter ended October 31 as sales rose 55.9 percent. Consolidated RV backlog as of October 31 increased over 100 percent.

Solo Brands Q3 Sales Surge 138 Percent

Solo Brands, the parent of Solo Stove and other outdoor brands, reported adjusted earnings climbed 39.7 percent in the third quarter ended September 30 on a 138.3 percent revenue gain.

Arc’teryx Appoints VP Footwear

Arc’teryx Equipment has appointed Ovidio Garcia as VP, footwear, effective immediately. In his new role, Garcia is responsible for leading the brand’s footwear strategy reporting directly to Katie Becker, chief creative officer, Arc’teryx.

Golftec Opens In Memphis

Golftec continues to expand its nationwide footprint announcing the opening of an instruction and club fitting center in Memphis, TN.

PGA Tour Superstore Opens 50th Store

PGA Tour Superstore officially hit its 50th store milestone with the opening of its newest 34,000-square-foot location in San Antonio, TX.

Nike’s CFO Joins United Airlines Board

United Airlines Holdings Inc. announced that Matthew Friend, currently executive vice president and chief financial officer of Nike Inc., would join its Board of Directors.