SGB Update Sportsmans
Freedom Munitions Shuttering Nevada Operations as Idaho Expansion Continues
The company is consolidating its X-Treme Bullets projectile component production from its Carson City, NV plant into its Lewiston, ID facility. Freedom Munitions expects to close the Carson City site by the end of 2024.
Lazydays Holdings Appoints Interim CEO as John North Exits
former SVP of Operations Ron Fleming is returning to the company and has assumed the role of Interim CEO and joined the Board of Directors on September 14, 2024.
Hoka Parent Deckers Brands to Execute Six-for-One Forward Stock Split
The parent company of the Ugg, Hoka, Teva, Koolaburra, and Ahnu brands reported that its stockholders approved the forward stock split measure during its September 9, 2024 annual meeting.
CNBC/NRF Retail Monitor Sees Strong Clothing, Footwear and Online Increases in August
Thanks to back-to-school, the Clothing, Footwear and Accessories sector soared in August, jumping 11.4 percent year-over-year. The sector that includes Sporting Goods fell 10.8 percent for the same period.
Suzuki Marine USA Names National Dealer Field Sales Department Manager
Suzuki Marine USA has promoted Randy Bowers to the pivotal role of national dealer field sales department manager. Bowers will report to Suzuki Marine General Manager Sales & Marketing Brandon Cerka.
Elvisridge Capital Promotes Two Managing Outdoors Portfolio
Elvisridge Capital, an investment firm focused on the fishing, hunting and outdoor categories, has promoted Scott Peckham and Kasey Fox to leadership roles.
Brunswick-Owned Boat Club Acquires South Florida Franchise Operation
This acquisition adds to Freedom’s corporate presence in Southeast Florida, boosting operational efficiencies. Since Brunswick acquired Freedom Boat Club in 2019, the company has expanded from 170 locations to over 415 worldwide.
Superfeet Signs Sales Agency to Focus on Workplace Safety and Performance
LineDrive, a solutions-based sales agency that matches large-scale businesses with workplace safety tools to enhance workplace safety and productivity in the U.S. and Canada, will introduce Superfeet insoles to employers, to enhance workplace productivity and safety
Rural King to Open New Store in Conover, NC
The Conover store will host a grand opening from September 20-22. The retailer sells a wide variety of premium brands, including Carhartt, Blackstone, Big Green Egg, Ariat, Under Armour, Black Rifle Coffee Company, Walnut Creek Foods and Henry Rifles.
MasterCraft Boat Holdings Sells Florida Boat Manufacturing Plant to Regal Boats
As previously reported, the company held the Merritt Island facility for open market sale following its agreement to transfer the rights to its Aviara brand to a MarineMax subsidiary.
Report: Second Quarter U.S. E-commerce Sales Outpaced Total Retail Trend
The Census Bureau of the Department of Commerce reported that the second quarter of 2024 e-commerce estimate increased 6.7 percent (±1.2) from the second quarter of 2023, while total retail sales increased 2.1 percent (±0.4) in the same period.
Famous Footwear Parent is Latest Footwear Retailer to Lower 2024 Guidance
Caleres, Inc. became the latest retailer to lower fiscal full-year guidance after reporting second-quarter fiscal 2024 sales and earnings. A top-line miss was driven by a 5.1 percent decline in Brand Portfolio sales and Famous Footwear comps down 2.9 percent.
Snow Peak Acquires Majority Stake in Swift Fly Fishing Co.
Founded by Carl McNeil and Jeanie Ackley, Swift Fly Fishing, headquartered in Wanaka, New Zealand, manufactures the Epic Fly Rod brand that uses graphite, graphene, and Epic’s proprietary “Fast Glass” composite material to create the rods.
DSW Parent Cuts FY Guidance as Q2 Profits Shrink
The company saw sustained pressure on challenged categories such as dress and seasonal in the second quarter, but was able to partially mitigate the impact through providing a greater selection of athletic and athleisure brands in the assortment.
Nate Smith Named CEO of Huk and Nomad Outdoor Parent
Smith brings 20 years of executive leadership experience working for consumer-branded omnichannel organizations in apparel, footwear and accessories. He has held senior executive roles at Patagonia and Oakley and, most recently, was president at Boardriders,
