SGB Update Sportsmans

Report: Black Friday In-Store Shopper Traffic Falls 8.2 Percent Year-over-Year
The brand’s ShopperTrak Analytics insights show that U.S. shopper visits were down 3.9 percent from November 24 through November 29, in line with the in-store traffic trends seen year-to-date (down 3.0 percent year-over-year).

Malibu Boats CEO to Assume President Role as Ritchie Anderson Plans Retirement
Company President Ritchie Anderson will retire effective February 7, 2025. Upon his retirement, company CEO Steve Menneto will become president of Malibu Boats, Inc., with Donna Tallent, SVP of operations, assuming leadership for MBI operations.

Ammo, Inc. Receives Nasdaq Deficiency Notice for Failure to File Q3 Results
The company said it now has until January 21, 2025, to submit a Plan to regain compliance with the Listing Rule. The company intends to timely submit the Plan, if necessary.

Wolverine Worldwide Work Group Appoints Mike Maloney Chief Product Officer
Maloney will spearhead product development, merchandise strategy and market expansion initiatives for all brands within the Work Group (Wolverine, CAT Footwear, Bates, Harley-Davidson Footwear, Merrell Work, and Hytest).

RVIA Survey Finds 21 Million Americans Plan to Travel by RV During the Holiday Season
The survey found that 21 million Americans plan to go RVing between Thanksgiving and New Year’s, with 9 million hitting the road for Thanksgiving and 7 million for Christmas.

BHA Welcomes Conservation Leader to North American Board
As a North American public lands advocacy group, Brandenburg’s appointment adds to the BHA’s Board of conservation leaders. He has a “critical boots on the ground” perspective developed when he was a volunteer and architect of BHA’s Arkansas chapter.

Study: Consumers Are Returning to Brick & Mortar Stores Post-Election
Shoppers are returning to brick-and-mortar stores in significant numbers this holiday season amid a notable cutback in post-election seasonal spending, according to a new consumer survey by First Insight, a customer-driven AI-powered retail platform.

USPS to Raise Rates in 2025 to Remain Competitive
The changes would raise shipping service prices by approximately 3.2 percent for Priority Mail and Priority Mail Express, 3.9 percent for USPS Ground Advantage, and 9.2 percent for Parcel Select.

Polaris President of PG&A and Aftermarket to Retire
Steve Eastman plans to retire at the end of 2024. As a part of its leadership succession plan, Polaris is naming Andy Williams as president of PG&A and Aftermarket, effective January 1, 2025. Eastman will step into a strategic advisor role to support the transition and is expected to stay on through 2025.

Levi Strauss Continues Retail Expansion in Canada Ahead of Holiday Season
Store locations in Kelowna and Toronto will help expand Levi’s brand presence in British Columbia and Ontario, while a third store in Midtown Saskatoon, Saskatchewan, will be the first owned-and-operated location in the province

Protective Industrial Products Acquires Honeywell’s PPE Business
PIP’s industry-leading brands include PIP, G-Tek, Boss®, Bouton Optical, Grippaz, and Bisley Workwear, along with licensed PPE brands such as Puma Safety Footwear.

Moonlight Partners with Abritu Sport for Canadian Distribution
Moonlight, the Norwegian brand known for its outdoor lighting equipment, is officially entering the Canadian market, which was made possible through a new distribution agreement with Abritu Sport, which distributes brands like NNormal and Coros.

Cashion Rods Adds Industry Vet as New Operations Manager
With extensive experience managing OEM programs across the fishing industry, Reid McKinstry brings a wealth of knowledge and expertise that will further elevate Cashion’s OEM and private label fishing rods and blanks capabilities.

Shoe Carnival, Inc. Lowers Full-Year Sales Guidance on Calendar Shift, Warm Weather Impact
The parent of the Shoe Carnival, Rogan’s and Shoe Station retail banners, reported that Q3 net sales were $306.9 million as compared to $319.9 million in Q3 2023, with ~$20 million moving out of the third quarter due to the retail calendar shift.

Sellmark Appoints New Global VP of Marketing
Vanessa McCoy, as the company’s new global vice president of Marketing, assumes leadership of five of the company’s seven brands, including Sightmark, Firefield, KJI, BulletSafe and Inforce.