The unsolicited indication of interest from MNC Capital Partners in acquiring the parent of the Camelback, Bell, Giro, Simms, Bushnell brands, and the Remington and Federal ammunition businesses in an all-cash transaction for $35.00 per Vista share.
Author: SGB Media
Sea to Summit Expands Sales Reach in U.S. and Canada
Tandem West Sales will represent Western Canada, Agence Quartier General will represent Québec, Canada, and Caraway and Co. will represent the California and the Southwest regions of the U.S.
Nike x Jacquemus Spring 2024 Collection with Muse Sha’Carri Richardson
Continuing their partnership on defining what it means to be a “contemporary athlete,” the Nike x Jacquemus Spring collection showcases that “sport isn’t simply about performance, it is also an expansion of style and self.”
EXEC: Yeti’s New Head of Softgoods Talks Next Steps with Mystery Ranch
Layne Rigney said he is spending most of his time in Bozeman, MT, the home of Mystery Ranch, as he is doing a full assessment of the business and how it will integrate with the broader Yeti softgoods business.
Celsius Holdings Shares Jump After Posting Q4 Profit, Nearly Doubling Sales
North American revenue increased 97 percent to $333 million, up from $169 million for the prior-year fourth quarter. Management noted that the North American business was led by expansion in distribution points and higher SKUs per location.
Foundation Outdoor Group Makes Two Key Appointments
The company promoted Hunter McKamey to vice president, reporting to company President and COO Brook Oliva and added Rafael Llaneras to the sales organization covering southern Europe from his home base in Majorca, Spain.
Xponential Fitness Sees Wider Q4 Net Loss on Charges and One-Time Costs
The higher net loss was said to be the result of an increase in restructuring costs from the company-owned transition studios, lower overall profitability, and an increase in impairment of goodwill and other assets, partially offset by other one-time items..
St. Croix Rod Has Eyes On the Rockies and PNW with New Sales Agency Hire
The company has tapped HM Outdoors to represent the company’s fly fishing brand and products in the Northern Rocky-Mountain and Pacific Northwest states of Idaho, Montana, Wyoming, Oregon, Washington, and Alaska.
Callaway Apparel Debuts S24 Collection For Men/Women
“These collections accentuate the importance we place on performance for today’s active golfer.” —Oscar Feldenkreis, CEO of Perry Ellis International.
Athleta adds Katie Ledecky to Power of She Collective
Ledecky, as a member of Athleta’s Power of She Collective, will participate in product wear testing across Athleta’s assortment, wear Athleta as her apparel brand outside the water and appear in key Athleta campaigns.
Black Diamond Parent Closes on Sale of Ammo Business
Clarus Corporation has completed the sale of its Precision Sport segment, which is comprised of Sierra Bullets, LLC and Barnes Bullets – Mona, LLC, to Bullseye Acquisitions, LLC, an affiliate of JDH Capital Company.
EXEC: Velocity Outdoor Posts Operating Loss in 2023 as Sales Fall 26 Percent
Velocity Outdoor segment operating loss for the year ended December 31, 2023 was $32.8 million, a decrease of $51.8 million when compared to segment operating income of $19.0 million for the comparable period in 2022.
EXEC: PrimaLoft Takes $58 Million Impairment Charge as Operating Results Fall Short
PrimaLoft performed an interim impairment test of their goodwill as of December 31, 2023 as a result of operating results that were below forecast amounts that were used as the basis for the purchase price allocation at acquisition.
PPA Tour and Major League Pickleball Close Merger
The professional pickleball organizations Carvana PPA Tour (PPA Tour) and the MLP by Margaritaville (MLP) announced today the completion of the company’s previously announced merger and the formation of a singular pro pickleball holding company.
EXEC: BOA Posts 25 Percent Sales Decline in 2023 as Retail Inventory Takes Toll
Fourth quarter sales at BOA were down slightly year-over-year while Adjusted EBITDA for the BOA business increased to $14.0 million in Q4, compared to $13.8 million in the 2022 fourth quarter.
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