SGB Update Sportsmans
Costco U.S. Non-Fuel Comp Store Sales Up 1.7 Percent In May; E-commerce Falls
Costco Wholesale Corporation reported net sales of $18.45 billion for the retail month of May, the four weeks ended May 28, 2023, an increase of 1.2 percent from $18.23 billion last year.
Primus And Silva To Operate As New Primus-Silva Sweden AB Entity
Swedish cooking equipment brand Primus officially moved into the Silva family of brands under the newly created Primus-Silva Sweden AB company.
Survey: Americans Looking To Outdoors And Road Trips In 2023
As Americans make summer travel and recreation plans, they are increasingly looking to the outdoors and road trips to improve mental well-being and to combat the rising costs of flights, lodging and car rentals according to a new consumer survey from Winnebago Industries, Inc.
Electric RV Company Lightship To Open Manufacturing Facility In Broomfield, CO
Lightship, the electric RV company, reportedly signed a lease agreement on a 32,000-square-foot space in Broomfield, CO, to house its pilot manufacturing operations for the Lightship L1, an aerodynamic, solar and battery-powered travel trailer, following its launch in March.
Under Armour Founder Sells $100 Million Stake To Merchant Bank Affiliate
Under Armour, Inc. reported that company Founder, Executive Chair and Brand Chief Kevin Plank slightly reduced his stake in the company, selling shares valued at approximately $100 million to funds managed by BDT Capital Partners. Plank said the sale is related to personal financing commitments.
Marolina Outdoor Adds VP Marketing For HUK And Nomad
Marolina Outdoor, Inc. the parent company of Huk Performance Fishing and Nomad Outdoor, tapped Joe Becker as the new VP of marketing for both brands.
Lands’ End Narrows Q1 Loss On Sales Lift From Swim; Adds Key SVPs
Lands’ End, Inc. reported fiscal-first quarter net revenue increased 1.9 percent to $309.6 million. Net loss was $1.7 million, or a 5 cents loss per diluted share, in the quarter.
Duluth Trading Ekes Out Q1 Sales Increase As DTC Offsets Light Store Traffic
Duluth Trading Company reported fiscal first quarter net sales increased 0.7 percent to $123.8 million. Direct-to-consumer net sales increased 2.3 percent while Retail store net sales decreased 2.1 percent in the period.
Hestra North America Hires Sales And Marketing Director
Hestra hired Tim Hevers as director of sales and marketing for North America. Hevers comes to Hestra with 20-plus years of experience in the outdoor industry, including Sports Authority and, most recently, Vail Resorts.
Dick’s SG Sees Outdoor Merchandising Veteran Retire After 36 Years
Kevin Van Vorce is retiring after 36 years with Dick’s Sporting Goods. He started with Dick’s in 1987 as a footwear sales associate at the original Dick’s Sporting Goods store in Binghamton, NY.
Throom Targets Hires PMI As Rep Agency
Throom Targets, the maker of ricochet-free targets for hunting, hired PMI (Professional Marketing, Inc.) as its rep agency, responsible for all retail sales, including dealers, distributors and mass retailers in the Midwestern states.
Earth Blinds Chooses Sales Agency of Record
Earth Blinds, the maker of hunting blinds, selected Kelly Brand Management (KBM) as its sales and marketing agency to manage U.S. brick-and-mortar and e-commerce sales.
Wolverine Worldwide Names Company President, New Leaders For Merrell And Saucony
Wolverine World Wide, Inc. named Chris Hufnagel as company president, promoted Janice Tennant to Merrell’s global brand president and named Rob Griffiths as global brand president of Saucony.
Luck E Strike Lures Acquired By Singer Toby Keith
Luck E Strike Corp., a fishing lure manufacturer headquartered in Cassville, MO, was reportedly acquired by country singer Toby Keith.
Sportsman’s Warehouse’s Q1 Same-Store Sales Slide 18 Percent
Sportsman’s Warehouse Holdings, Inc. reported a net loss of $15.6 million in the first quarter ended April 29. Same-store sales decreased 17.8 percent, and results were in line with company guidance. For the second quarter, the Hunt & Fish retailer forecasted a return to profitability, with same-store sales declining 17 percent to 9 percent year-over-year.
