Clarus Says Customers are Holding Up Despite Inflation
Clarus said it is standing by its “super fan brands” strategy in the face of recessionary fears and post-lockdown normalization for the outdoor sector, at the Raymond James investor conference. CLAR averred that the top 10% of consumers their brands serve are more likely to cut other discretionary spending and engage in their sport or outdoor activity more often if they found themselves jobless. This group has also thus far shown no drop-offs from the peaks of lockdown-driven outdoorism, it said. Black Diamond’s supply chain woes are finally easing, though retailers ... Log in to view full article.