SGB Update Sportsmans
SGB Media Reports Top 25 Most-Read Articles For May 2023
SGB Media’s Top 25 most-read articles for May 2023 include the unfortunate news about an industry leader passing away; staff cuts at various companies; a lawsuit against former employees; tough Q1 results amid heavy inventories for both brands and retailers; and several reports covering the Adidas x Yeezy debacle. On the upside, the top stories SGB Media covered for the month included…
Sea-Doo, Ski-Doo Parent Delivers Solid First Quarter Results On Healthy Demand
BRP Inc., parent company of the Ski-Doo, Lynx and Sea-Doo brands, said that strong deliveries, aided by improvements in the supply chain and inflationary environment, allowed the company to deliver a solid first quarter, outperforming the results of the first quarter of Fiscal 2023.
Authentic Acquires Hunter Brand IP; Taps Batra Group And Marc Fisher As Partners
Authentic Brands Group (Authentic) has acquired the intellectual property of the Hunter brand. Authentic said the Hunter brand has evolved over 160-plus years from a rubber boot to a lifestyle brand, offering an expansive footwear collection, outerwear, bags, and accessories.
Report: Nearly 25 Percent Of Campers Worked Remotely While Camping In 2022
The Dyrt, an app for camping information and booking, found that 23.8 percent of campers said they worked remotely while camping in 2022. The statistic is part of Dyrt’s 2023 Camping Report but is identical to the work-from-campsite stat it released in the prior year.
Big Agnes Hires Product And Design Director; Promotes Others From Within
Big Agnes announced it hired Jim Trombly as director of product design and development and promoted four employees to key positions within their respective departments.
Pard Optics Adds Marketing Director
Pard Optics hired John Aho as marketing director, managing the marketing and advertising strategies across all facets of the business.
Costco U.S. Non-Fuel Comp Store Sales Up 1.7 Percent In May; E-commerce Falls
Costco Wholesale Corporation reported net sales of $18.45 billion for the retail month of May, the four weeks ended May 28, 2023, an increase of 1.2 percent from $18.23 billion last year.
Primus And Silva To Operate As New Primus-Silva Sweden AB Entity
Swedish cooking equipment brand Primus officially moved into the Silva family of brands under the newly created Primus-Silva Sweden AB company.
Survey: Americans Looking To Outdoors And Road Trips In 2023
As Americans make summer travel and recreation plans, they are increasingly looking to the outdoors and road trips to improve mental well-being and to combat the rising costs of flights, lodging and car rentals according to a new consumer survey from Winnebago Industries, Inc.
Electric RV Company Lightship To Open Manufacturing Facility In Broomfield, CO
Lightship, the electric RV company, reportedly signed a lease agreement on a 32,000-square-foot space in Broomfield, CO, to house its pilot manufacturing operations for the Lightship L1, an aerodynamic, solar and battery-powered travel trailer, following its launch in March.
Under Armour Founder Sells $100 Million Stake To Merchant Bank Affiliate
Under Armour, Inc. reported that company Founder, Executive Chair and Brand Chief Kevin Plank slightly reduced his stake in the company, selling shares valued at approximately $100 million to funds managed by BDT Capital Partners. Plank said the sale is related to personal financing commitments.
Marolina Outdoor Adds VP Marketing For HUK And Nomad
Marolina Outdoor, Inc. the parent company of Huk Performance Fishing and Nomad Outdoor, tapped Joe Becker as the new VP of marketing for both brands.
Lands’ End Narrows Q1 Loss On Sales Lift From Swim; Adds Key SVPs
Lands’ End, Inc. reported fiscal-first quarter net revenue increased 1.9 percent to $309.6 million. Net loss was $1.7 million, or a 5 cents loss per diluted share, in the quarter.
Duluth Trading Ekes Out Q1 Sales Increase As DTC Offsets Light Store Traffic
Duluth Trading Company reported fiscal first quarter net sales increased 0.7 percent to $123.8 million. Direct-to-consumer net sales increased 2.3 percent while Retail store net sales decreased 2.1 percent in the period.
Hestra North America Hires Sales And Marketing Director
Hestra hired Tim Hevers as director of sales and marketing for North America. Hevers comes to Hestra with 20-plus years of experience in the outdoor industry, including Sports Authority and, most recently, Vail Resorts.
