SGB Update Sportsmans
The James Brand Expands Leadership Team, Relocates HQ
The James Brand has expanded its corporate leadership team with the appointment of Justin Baar to global digital commerce manager and Daniel Sledd to senior global production and inventory manager.
Ski-Doo Parent Sees Fiscal Q4 Hurt by Sales Incentives, Weaker Winter Weather
BRP, Inc., the parent company of the Ski-Doo, Sea-Doo and Lynx power sports brands, reported Q4 results were mainly driven by a decrease in Seasonal Products deliveries and tough comps against a strong fourth quarter in the prior fiscal year.
Astral Taps Bluewater Trading to Rep the Midwest Region
Bluewater Trading covers Minnesota, Iowa, Wisconsin, Illinois, Missouri, Kansas, Nebraska, the Dakotas, and the Upper Peninsula of Michigan.
Tedder Industries Appoints VP of Finance
Under Andrew Williams’ guidance, the company’s finance team is poised to drive the next phase of its growth strategy, enhancing profitability and instilling operational efficiencies throughout the organization.
L Catterton Makes Significant Investment in Off-Road, Off-Grid Vehicles
Founded in 2018, Storyteller Overland manufactures Class B RV and expedition vehicles. In addition to selling its vehicles at over 40 dealers in the U.S., it also offers adventure gear, accessories and technology for the outdoor lifestyle enthusiast.
Springfield Armory Appoints National Sales & Law Enforcement Manager
As a 20-year employee of Springfield Armory, Drew Herbst will collaborate with Peggy Hickenbottom, the VP of distribution sales and customer service.
Academy Sports + Outdoors Begins 2024 Store Expansion in Raleigh and Indy
The full-line sporting goods and outdoor recreation retailer will open 15 to 17 new stores in its fiscal 2024 year, starting with two new stores in the first quarter in Knightdale, NC and Greenwood, IN.
RVIA Sees February RV Shipments Up 18 Percent, Led by Strong DD Gains on Towables
The RV Industry Association’s February 2024 manufacturer’ survey found that total RV shipments ended the month with 31,024 units, an increase of 17.8 percent year-over-year. Towable RVs, led by conventional travel trailers, were up 24.4 percent year-over-year.
Capstone Partners Releases Annual Consumer M&A Report
Personal consumption spending on services increased 7.4 percent YoY, over double the growth experienced by goods spending, the widest differential of services spending growth versus goods spending growth since 2009.
Winnebago Swings to Fiscal Q2 Loss as Revenues Fall Double Digits
The motorhome, towable, and boat maker went the way of the RV industry as a whole in fiscal Q2, which ended February 24, as the post-COVID market conditions almost guaranteed a double-digit decline on the top line and a loss on the bottom.
Academy Sports and Outdoors Sees Positive Change in Q4 Sales Trend
The retailer reported that it did not meet its own expectations for Fiscal 2023 but a trajectory change in the fourth quarter turned the frown upside down. Fourth quarter net sales were up 2.8 percent to $1.79 billion while comp store sales declined 3.6 percent for the period.
NRF Sees Retail Growth Slowing in 2024 as Economy Slows
The National Retail Federation forecasted 2024 retail sales would increase between 2.5 percent and 3.5 percent year-over-year to come in at $5.23 trillion to $5.28 trillion, a moderation from the 3.6 percent growth in 2023.
Buds Gun Shop Appoints Chief Marketing Officer
Steve Reed has most recently served as VP of marketing for firearms manufacturer Daniel Defense where he led all marketing and branding efforts. Prior to DD, he served in the same capacity for shooting sports distributor AcuSport.
EXEC: U.S. Shoppers Are Under the Influence of Influencers
Now it’s the content creator, or influencer that is moving the market for brands, products, food, restaurants, new stores, and just about anything that requires a decision on the part of a consumer. If you are a marketer, you know this story all too well.
OnX Acquires TroutRoutes, Expands into the Angling Industry
OnX Fish will launch on iOS and the web exclusively in Minnesota this spring, with plans to expand across the Midwest later this year.
