The Federal Trade Commission has requested more information about plans from the owner of Bass Pro Shops to purchase Sportsman’s Warehouse.
Author: SGB Media

Survey Finds Pandemic Plunges Low Income Youth Participation Rates
In a national survey conducted by the Maryland-based Youth Sports Collaborative Network (YSCN), youth sports programs serving low-income communities reported 84 percent of their more than 146,000 registered youth have not regularly participated in their programs due to the COVID-19 pandemic.

Le Bent Welcomes Johnny West Global Team
Le Bent said Johnny West, former general manager of Skins North America and director of brand and sports marketing for 2XU North America, has joined its executive team.

NPD Reports: Golf, Racquet Sports And Basketball Equipment Sales Soar In 2020
Golf equipment, the largest sports equipment category, grew sales by nearly 40 percent in 2020, according to The NPD Group, while racquet sports equipment grew by more than a third and basketball hoop systems and balls improved by nearly 25 percent.

Hibbett Sports Opens Stores In Colonial Heights And Vallejo
Hibbett Sports has opened stores in Colonial Heights in Virginia and Vallejo in Northern California.

Lodging At Southeast Destinations Continuing Strong This Winter
Destinations in the Florida Panhandle along with resorts in coastal Georgia and South Carolina are tracking impressive results this winter season through the end of January, according to the most recent data released by DestiMetrics, a division of Inntopia, in its Monthly Market Briefing.

Asics Sees North America Revenues Fall 12 Percent In Q4
Asics reported sales in its North American region fell 11.9 percent in the fourth quarter and were down 17.2 percent in the year, but forecast a return to double-digit growth in 2021.

Kathmandu First-Half Results Driven By Rip Curl
Kathmandu Group saw sales spike 12 percent during the first half of FY21 ended January 31, largely a the strong performance by Rip Curl.

Cybex To Pay $7.95 Million Civil Penalties For Flawed Equipment
The U.S. Consumer Product Safety Commission (CPSC) announced that Cybex International, Inc. has agreed to pay a $7.95 million civil penalty. The settlement resolves CPSC’s charges that Cybex failed to immediately report to CPSC, as required by law, that its Arm Curl and Smith Press Machines contained a defect or created an unreasonable risk of serious injury.

Aisle Talk Week Of February 8, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of February 8, 2021 covered in the SGB Updates and delivered to your inbox every business day.

CZG Acquires Colt Holding Company
Ceska Zbrojovka Group, CZG, said it signed a definitive agreement to acquire 100 percent of the outstanding equity interest in Colt Holding Company LLC, the parent company of U.S. firearms manufacturer, Colt’s Manufacturing Company LLC as well as its Canadian subsidiary, Colt Canada Corporation.

GNC Appoints New CEO
GNC announced that Josh Burris will assume the role of chief executive officer and Cam Lawrence will assume the role of chief financial officer, effective immediately.

Hibbett Sports Opens Store In Columbia
Hibbett Sports announced the opening of the newest Hibbett Sports location in Columbia, SC, located at; 2734 Decker Blvd in the Fashion Place Shopping Center.

Newell Brands’ Outdoor & Recreation Segment’s Q4 Sales Drop 7.4 Percent
Newell Brands reported the Outdoor & Recreation segment showed a small operating loss as core sales were down 7.4 percent.

RECALL: Rep Fitness Strap Safety Brackets
About 1,940 Strap Safety Brackets from Rep Fitness are being recalled.