Academy Sports and Outdoors Inc. announced the pricing of its initial public offering of 15.63 million shares of its common stock at $13.00 per share. Shares were priced below the projected range of $15 and $17 a share. Shares of Academy’s common stock are expected to begin trading Friday under the ticker symbol, “ASO.”
Author: SGB Media

Compass Diversified Declares Third Quarter Distributions
Compass Diversified announced that its Board of Directors has declared a quarterly cash distribution of 36 cents per share on the company’s common shares. The distribution for the three months ended September 30, 2020 and is payable on October 22, 2020 to all holders of record of Common Shares as of October 15, 2020.

Snow Peak Reschedules Grand Opening Amid Wildfires
Snow Peak has postponed the grand opening of its new U.S. headquarters and retail flagship in Portland, OR due to wildfires burning across the state. The event is rescheduled for the weekend of October 3.

Cascade Designs Appoints Senior Director Of Sales
Cascade Designs, welcomed Jeremy Hancock as senior director of sales.

Vasque Announces Leadership And Organizational Transitions
Vasque Footwear, a family-owned outdoor footwear firm based in Red Wing, MN, hired Bryce Wernsman as president.

Michael Vick Joins Champions + Legends As A Founding Athlete Partner And Investor
Champions + Legends, a sports supplements brand of CBD products for athletic preparation, performance and recovery, welcomed Michael Vick as a founding partner.

Lids Partners With NBA Skills Trainer
Lids has partnered with NBA skills trainer Chris Brickley. This fall, Lids will drop Chris Brickley customizations available at all retail locations with Lids Custom. The duo are also working on a custom hat design with Brickley’s streetwear brand Color Blind and a series of branded content, both scheduled to be released later this year.

Dick’s SG Announces Grand Opening Of 11 Stores, New Soccer Shops
Dick’s Sporting Goods will expand its national footprint with the opening of six Dick’s Sporting Goods stores, two combination Dick’s and Golf Galaxy locations and three Dick’s Sporting Goods Warehouse Sale locations in October. The retailer will also open a limited number of Soccer Shops, a new, shop-in-shop experience, starting later this month and host its first Loyalty Appreciation Week beginning October 5.

MarineMax Acquires SkipperBud’s
MarineMax Inc. announced the acquisition of SkipperBud’s and its affiliate, Silver Seas Yachts (collectively SkipperBud’s), growing its presence in the Great Lakes region and on the West Coast.

REI Co-op Continues #OptOutside Tradition
For the sixth year in a row, REI Co-op will close its 167 locations — stores, activity centers, distribution centers, call centers, and headquarters — and pay its employees to #OptOutside on Black Friday.

Fanatics Appoints SVP, Business Development & Strategy
Fanatics appointed Ed O’Brien as SVP, business development, professional sports teams. Prior to joining Fanatics, O’Brien was head of sports and entertainment for CLEAR, a biometric identity platform.

Primary Arms Optics Names Product Marketing Director
Primary Arms Optics, based in Houston, has named Terry Mears as director of product marketing. In this position, Mears will lead Primary Arms Optics’ product strategy and development.

Roundhill Group Purchases Remington Firearms
Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop.

Sturm, Ruger Inc. To Acquire Marlin Firearms Assets
Sturm, Ruger and Company, Inc. announced that its offer to purchase substantially all of the Marlin Firearms assets in bankruptcy proceedings. Once the purchase is completed, the company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.

Wilderness Education Association Names Executive Director
The Board of Directors of the Wilderness Education Association announced Ryan Carlson will serve as the organization’s new executive director.