SGB Update Outdoor
CNBC/NRF Retail Monitor Sees Biggest YoY Retail Sales Jump Since Fall 2023
Retail sales showed moderate growth in June and posted the biggest year-over-over year increase in nearly a year amid a still-solid economy and near-zero inflation for retail goods.
Deckers Brands Will Execute a Six-for-One Forward Stock Split
The parent company of Hoka, Ugg, Teva, Sanuk, Koolaburra, and Ahnu said its Board approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the stock split.
Canada Goose Appoints Chief Digital and Information Officer
Alfredo C. M. Tan will oversee all consumer-facing digital platforms, as well as IT, digital media and marketing and consumer insights.
Nite Ize Adds Indie Sales Representation in TALO Region
The Alpine Cowboy, owned by Stephanie and Koby Crooks for over 25 years, will represent the brand in Texas, Arkansas, Louisiana, and Oklahoma (TALO region).
Legacy1846 Outdoor Group Appoints Industry Vet as CEO
Andrew Sibble has previously held key positions with notable portfolio brand companies, including Plano Synergy, Alliance Consumer Group, Xpedition Enterprises, and Dick’s Sporting Goods.
Birkenstock Names Managing Director for SE Asia and ANZ Region
Evelyn Chua was appointed managing director for the region covering Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, Australia, and New Zealand, effective July 1.
REI’s Chris Speyer to Join MEC as New Chief Merchandising Officer
Speyer, who has worked as REI Co-op’s CMO for the last seven years, reportedly brings over thirty years of leadership experience in the specialty outdoor retail, wholesale, and direct-to-consumer businesses.
EXEC: Rossignol Reopens Paris St–Germain Store
Joining a host of other brands freshening or expanding their Paris retail presence for the Summer Olympics, The Rossignol Group has reopened its Paris St–Germain store following a complete renovation.
REI Co-op Appoints SVP, Chief Technology Officer
Guillaume Ledieu succeeds Dan Shull, who will depart REI on July 12 for a new opportunity. Guillaume joined the co-op in 2023 as VP of foundation technology and has already had an incredible impact in his short time working for the company.
Locally Names First Chief Marketing Officer
Karen Sage joins the company as CMO to further fuel Locally’s expansion as it marks a 12-month growth trajectory to over $1.8 billion in retail referral sales.
Macy’s, Inc. Appoints New Chief Information Officer
Keith Credendino, who is currently SVP of technology product development, customer experience, will succeed the retiring Laura Miller as CIO, effective August 4, and join the company’s Corporate Strategy Group.
Garmin Releases Cycling Activity Report for Garmin Connect Community
Based on the data compiled by Garmin over the last 12 months, cycling activities have increased seven percent for consumers that are part of the Garmin Connect community of cyclists and who logged their miles on Garmin Edge cycling computers.
Vista Outdoor Board Reaffirms Commitment to Sell Ammo Business to CSG
The company continues to urge stockholders to vote for the CSG Transaction at upcoming special meeting of Vista Outdoor Stockholders on July 23.
Vista Outdoor Divests Wood Pellet Business from Outdoor Products Group
Vista sold the assets of Fiber Energy Products, the company’s wood pellet manufacturer, to Lignetics, Inc., based in Broomfield, CO. Fiber Energy was a component of Vista’s Revelyst outdoor products segment.
NRF: Inbound Cargo Volume Forecasted to Grow 14.4 Percent for 2024 First Half
Importers are looking at issues including high shipping rates, unresolved port labor negotiations and continuing capacity and congestion issues from the ongoing disruptions in the Red Sea.
