SGB Update Sportsmans
Regal Products Expands Sales & Customer Service
The provider of firearm safety devices, suicide prevention tools, and outdoor sporting goods accessories has announced additions to its sales and customer service group, including one promotion.
Charter Arms Adds Indie Sales Agency for 13 Western States
Mountain States Sports Marketing Inc. (MSSM Group) is now the company’s sales agency of record for the Western region of the United States, including the states of AK, WA, OR, HI, CA, NV, ID, MT, UT, AZ, NM, CO, and WY.
NMMA Divests Northwest Sportshow in Minneapolis to Expand Discover Boating Shows
The Northwest Sportshow will be the 19th show the company has purchased in this category since March 25 of this year. The acquisition reportedly brings the total number of events that the company produces to 114.
Rec-Com Outdoors Appoints Regional Sales Rep for International
The company said the appointment of Richard White as its international regional sales representative will support the company’s growth in the global fishing market.
Nite Ize Spins Off Tru Zip to Stand-Alone Brand
Nite Ize, manufacturer of the Tru Zip toothless, dustproof and waterproof zipper, announced that the product now operates as an independent brand. Nite Ize, the product inventor, will remain its sole distributor.
Massimo Group Pontoon Boat Sales Crash in Q3, Less Weakness in E-Bikes, ATVs and UTVs
The company said the 14.4 percent decrease in revenue was primarily due to a significant drop in Pontoon boat sales, and a slight decrease in sales of UTV, ATV and e-bikes.
Report: Christmas Gifting Trends and Consumer Insights from YouGov Survey
YouGov data suggests word of mouth remains the best way for companies to make their products the hottest Christmas gift of 2024, with 18- to 34-year-olds twice as likely to get their gift ideas that way versus social media.
S&P: Holiday 2024 Sales Growth Will Fall Short of 2023
S&P Global Ratings is forecasting that holiday sales growth will slow to about 3 percent in 2024 from 4.7 percent last year, remaining below the 10-year average of 5.3 percent. The firm said its outlook is influenced by waning, but persistent, inflation that has pressured household budgets.
October Inflation Rate Gains 20 Basis Points from September’s Year-Over-Year Reading
The CPI, which measures costs across a spectrum of goods and services, increased 0.2 percent for the month. That took the 12-month year-over-year inflation rate to 2.6 percent, up 20 basis points from September.
Winchester Safes Makes Two Key Marketing Hires
Stevie Barefield has joined the company as the new director of marketing and Ainsley Mitchell joins as digital media specialist.
CNBC/NRF: October Retail Sales Bounce Back
Leaders in the year-over-year growth included E-Commerce & Catalog; Clothing, Footwear & Accessories stores, and Health & Personal Care stores. The Sporting Goods sector, which also includes Hobby, Music and Book stores, posted solid (+2.7 percent) month-over-month results but declined year-over-year.
Rural King Opens New Stores in Georgia and North Carolina
The family-owned retailer serving a rural lifestyle, reports that its newest stores are now open in Waycross, GA, the second Georgia store for the retailer this year, and in Rocky Mount, NC.
Leica Appoints Director of Marketing for Sport Optics
Ryan Holm joined Leica USA’s sports optics division and has now stepped into the leadership role as part of Leica’s strategy to reenergize its brand and build on momentum across core verticals such as hunting, birding, and outdoor recreation.
Sig Sauer Inks JV Deal with Indian Defense Plant to Support India’s Military Needs
The company has entered into a joint venture with Nibe Defence and Aerospace Limited to advance small arms and ammunition manufacturing operations in India. The Government of India, Ministry of Defence first awarded Sig Sauer a contract for the SIG716 in 2019 for 72,400 rifles.
Kinsey’s, Inc. Fills Two Open Buyer Positions
New buyers include Louie DuChene and London Sasse, both with prior industry experience. They are said to be filling necessary buyer roles in the company.
