SGB Update Sportsmans
NFIB: Small Business Optimism Rises For First Time This Year
A gauge of sentiment among small businesses, rose to 98.8 in May from 95.8 in April, bringing the Index back above its long-term average, represented by a reading of 98. The increase ends a four-month streak of weakening sentiment.
Duluth Holdings Undergoes Layoffs
As part of its expense savings initiatives to rightsize the business, the retailer reduced its workforce by 51 employees, or 3 percent of its total workforce, on June 4.
Orvis to Close Chicago Store
The storefront, located on the Magnificent Mile, will close on July 24, after two decades, “due to the changing retail landscape on the Magnificent Mile.”
Warbird Marine Holdings Names New CEO
The parent of Invincible Boats and Yellowfin Yachts appointed Thomas Wieners, COO, as CEO. John Dorton, current CEO who formed Warbird Marine Holdings in partnership with EagleTree Capital in 2019, transitioned to the role of executive chairman.
Academy Sports and Outdoors, Inc. Sees Profits Sink on Comp Sales Decline
Academy Sports and Outdoors, Inc. reported first-quarter earnings and sales that came in below analyst targets. The sporting goods chain widened its guidance for the year to account for potential additional pressure on earnings in the second half tied to inflation.
Twin Vee PowerCats Acquires Bahama Boat Works
Twin Vee said it plans to elevate the Bahama Boat Works product by “seamlessly integrating” Twin Vee’s innovation and engineering expertise. The key to this transition is the continued involvement of Bahama’s master boat builder, Scott Henley, who is “one of the most prolific and respected figures in the marine industry.”
NRF: Summer Import Cargo Forecast to Surge but Full Year is Expected Down
Ports have not yet reported numbers for May but Global Port Tracker projected the month at down 13.4 percent from April and down 8.1 percent year-over-year. Volume is expected to surge over the summer and then expected to drop sharply for the remainder of 2025, with large year-over-year declines seen partly because imports in late 2024.
Dick’s SG Promotes Amanda Bonzo to VP Communications
Dick’s Sporting Goods promoted Amanda Bonzo to VP of communications. She joined Dick’s as senior director of communications in 2020 and took over as communications lead from former chief communications officer Peter Land in 2023.
Survey: What is the Price Increase Cutoff for Consumers to Drop a Purchase?
A recent survey conducted by ESW, compiled in “Impact of Tariffs on Purchasing Decisions,” reveals that 6 in 10 U.S. consumers will not absorb a 10 percent or greater increase in pricing at checkout due to tariffs.
Tom Mackin, Former Rapala/VMC President, Passes Away
“It is with deep sorrow that we announce the passing of Tom Mackin, former President of Rapala VMC USA and longtime member of the Rapala VMC group executive committee. Tom dedicated over 30 years of his life to the Rapala brand, helping to shape its legacy with passion, integrity and visionary leadership. He had recently entered retirement,” shard Viellard, Cyrille Viellard, president and CEO of Rapala/VMC.
Lazydays Holdings Completes Sale of Two Additional RV Sales Locations
The company has sold its Fort Pierce, FL and Mesa, AZ locations to General R.V. Center, Inc. In the coming weeks, the companies expect to complete the remaining divestiture in Longmont, CO.
Frank Hugelmeyer Named Board President for the International Council of Marine Industry Associations
The former Outdoor Industry Association (OIA) CEO and current National Marine Manufacturers Association (NMMA) President and CEO has been elected the incoming Board president of ICOMIA to serve a two-year term.
Bass Pro Shops to Open New Outpost in Muncy, Pennsylvania
Bass Pro Shops will have four stores in Pennsylvania following the completion of the 75,000-square-foot Outpost store in Muncy, which is part of the redevelopment of a former Lycoming Mall property into “The District.” The design approach for The District will “emphasize community character, outdoor heritage and a sense of place.”
MKS Supply’s Kelly Walton Retires
MKS Supply announced the retirement of Kelly Walton after a 28-year career with the importer and distributor of firearms and accessories, including the Hi-Point and Inland Manufacturing brands.
Pelican Intl USA Bumps Prices on Wilderness Systems, Dagger and Perception Products
The company started to adjust pricing on newly produced kayaks, effective June 4, 2025. The price hikes are said to be in response to ongoing economic pressures, including rising operational costs, sourcing challenges, and fluctuating tariffs.
