SGB Update Sportsmans
NRF Forecasts Holiday Sales To Increase Between 3.6 And 4 Percent
NRF President and CEO Matthew Shay said, “Although this year hasn’t been perfect, especially with the recent devastating hurricanes, we believe that a longer shopping season and strong consumer confidence will deliver retailers a strong holiday season.”
First Lite And Leupold Partner For Conservation
The program highlights the brands’ shared commitment toward protecting and conserving America’s public lands for current and future generations of sportsmen and women.
Gun Stocks Up After Vegas Shooting
As expected, shares of several gun suppliers rose on Monday in the aftermath of the mass shooting in Las Vegas.
Rocky Brands Provides Update On Puerto Rico Operations
Rocky Brands Inc. announced that its employees in Puerto Rico are all reported to be safe and the company’s manufacturing facility sustained no damage during Hurricane Maria.
ORCA Partners With Brett Favre
Since partnering with Brett Favre, ORCA has received its NFL license and plans to launch a line of NFL branded coolers and drinkware in December of 2017.
Wolverine World Wide Divests Department Of Defense Contract Footwear Business
Wolverine World Wide Inc. announced the sale of assets associated with its United States Department of Defense (DoD) contract business and the transfer of outstanding DoD contracts to Original Footwear. Wolverine will retain the Bates brand.
NSSF Commends U.S. Sen. Lindsey Graham’s Federal Firearms Licensee Protection Act of 2017
The National Shooting Sports Foundation (NSSF) commended U.S. Sen. Lindsey Graham’s (R-S.C.) introduction of S.1854, the Federal Firearms Licensee Protection Act of 2017, which will strengthen the criminal penalties for thefts of firearms from retailers and impose mandatory minimum sentences.
L.L. Bean Releases Ad That Can Only Be Read Outdoors
L.L.Bean ran a full-page newspaper ad in the New York Times that can only read outdoors.
Deloitte Expects Holiday Sales To Increase 4 To 4.5 Percent
Retail holiday sales should rise a healthy 4 to 4.5 percent over last year’s shopping season, according to Deloitte’s annual retail holiday sales forecast.
Bass Pro Completes Cabela’s Merger
According to a statement, the combined company is “poised to provide customers with unmatched offerings spanning premier destination retail, outdoor equipment manufacturing, world-class resort destinations and more with a strong commitment to advancing conservation initiatives.”
AlixPartners Sees Healthy Holiday Gains
AlixPartners released its forecast for US retail sales for the upcoming holiday season. The forecast anticipates an increase in sales revenue for retailers for the November-through-January period of 3.5 percent to 4.4 percent, compared with 2016 holiday-season sales.
NASGW Announces Annual Award Nominees
The National Association of Sporting Goods Wholesalers (NASGW), the association representing shooting sports wholesalers, manufacturers, and their trade partners, announced the nominees for this year’s NASGW Leadership Awards.
Canadian Tire Supports Getting Kids With Disabilities Active
Canadian Tire Corp. announced a $50 million commitment over five years to Jumpstart Charities, in order to give Canadian kids with disabilities greater access to sport and play.
Moody’s Downgrades Academy’s Debt Ratings
Moody’s Investors Service downgraded its debt ratings for Academy Ltd. due to the “highly promotional environment” for athletic apparel and weak demand for firearms and ammunition.
Interior Chief Urges Shrinking Four National Monuments In West
Ryan Zinke, the U.S. interior secretary, will recommend reducing the size of at least four of 27 national monuments, a leaked report states. The four monuments mentioned include the fiercely contested Bears Ears National Monument in Utah as well as Utah’s Grand Staircase Escalante, Oregon’s Cascade-Siskiyou and Nevada’s Gold Butte.
