Allbirds Raises $100 Million In Funding

Allbirds, the San Francisco-based casual footwear and sneaker maker, raised $100 million in financing in a funding round that valued the company at $1.7 billion, according to a report in the Wall Street Journal.

Clarus Raises $11.5 Million From Existing Investors

Clarus Corporation announced that it has entered into an agreement with three of its top 10 investors for the sale of 900,000 registered shares of the company’s common stock at $12.75 for total proceeds of approximately $11.5 million.

Sierra Bullets To Acquire Assets Of Barnes Bullets

Clarus Corporation’s subsidiary, Sierra Bullets, LLC, will acquire certain assets relating to the Barnes Bullets brand of specialty hunting bullets in a Chapter 11 bankruptcy auction conducted by Remington Outdoor Company, Inc. and certain of its subsidiaries.

Aisle Talk Week Of September 21, 2020

The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of September 21, 2020, covered in the SGB Updates — delivered to your inbox every business day.