GSM Outdoors Acquires Mainstream Holdings

GSM Outdoors LLC, a multi-brand manufacturer of specialized hunting and shooting products, has acquired Mainstream Holdings, the Windom, MN-based company that owns and operates Muddy Outdoors, Hawk and Big Game Treestands. Terms of the deal were not disclosed.

JCPenney Sees Drop In Holiday Sales

J. C. Penney Company Inc. announced that its comparable store sales for the combined nine-week period ending January 5, 2019, decreased 3.5 percent on a shifted basis. On an unshifted basis, comparable sales decreased 5.4 percent.

Dakine Appoints David Orr To Global General Manager

Dakine Equipment LLC—a division of JR286 Inc., in partnership with Marquee Brands—on Wednesday announced the appointment of David Orr as global general manager. A veteran in the outdoor and sporting goods industries, Orr will be responsible for leading all aspects of product creation, sales and operations for Dakine.

Zumiez Inc. Raises Q4 Outlook On December Comp Increase

Zumiez Inc. on Wednesday raised its fourth-quarter outlook based on comparable sales increasing 4.9 percent for the five-week period ended January 5, 2019, compared to a comparable sales increase of 7.9 percent for the five-week period ended December 30, 2017.

La Sportiva Apparel Joins 1% For The Planet

La Sportiva on Wednesday announced its membership in 1% for the Planet. By donating 1 percent of apparel sales revenue globally to approved environmentally focused non-profit partners, La Sportiva demonstrates its commitment to sustainability and concern for the environment, on which the outdoor industry depends.

SFIA Hires New Managing Director Of Sponsorship

The Sports & Fitness Industry Association (SFIA) announced a new addition to the organization, Rick Salomone, who will be responsible for leading and expanding the SFIA sponsorship program. Salomone previously served as the CEO of Surys, a company rooted in holographic science, aiming to provide authentication solutions and reduce counterfeiting of products.

Sears Gets Another Reprieve From Liquidation

Sears has accepted Eddie Lampert’s bid to acquire the company to stave off a liquidation although the bid now requires Sears chairman to deposit $120 million by 4 p.m. Wednesday through his ESL Investments hedge fund.

Croakies Announces New Lifetime Warranty Policy

Croakies, the original manufacturer of industry-leading outdoor retention products, announced, effective immediately, the introduction of a new Manufacturer’s Lifetime Warranty policy across the breadth of its product categories.