The transaction is expected to close during BRP’s third quarter of Fiscal 2026. Until then, BRP and the Marcott family will reportedly work in collaboration to ensure a smooth and successful transition for all parties involved.
Category: Outdoor

Black Diamond Parent Completes Sale of Pieps and JetForce Assets
The move follows a comprehensive strategic review process launched in the fall of 2024 and an increasing number of U.S. CPSC recalls of Pieps products.

CNBC/NRF Report Sees June Retail Sales Trends Moderate; Sporting Goods Sector Accelerates
Growth in the Clothing, Footwear and Accessories store sector decelerated from the prior-month trend. The category that includes Sporting Goods stores was up 8.5 percent y/y unadjusted in June after an 8.2 percent y/y gain in May.

ITC Rules Insta360 Infringed on GoPro Patents
GoPro, Inc. said a U.S. judge with the International Trade Commission has ruled that Insta360, a Chinese-based maker of action cameras, broke federal law with products that infringe GoPro’s intellectual property covering GoPro’s iconic Hero camera design.

Bass Pro to Host Grand Opening for Clifton Park Store
A highlight of the store is its 12,000-gallon aquarium featuring freshwater fish native to the region. The store has also tailored its inventory to serve the freshwater fishermen in the area.

Survey: Americans Changing Purchasing Decisions on Potential Impact of Tariffs
Nearly eight in ten (77 percent) respondents believe tariffs will impact their household finances, with 41 percent noting it has already hurt their wallets, according to a survey of 1,000 U.S. adults by the market research firm Savanta.

Adobe: Amazon Prime Day Drives 30.3 percent Rise in U.S. Online Spending
The Prime Day sale that ran for four days from Tuesday, July 8 to Friday, July 11 helped boost online spending sales across all Uretailers in the U.S. by 30.3 percent to $24.1 billion, according to Adobe, Inc., which tracked the activity, topping its estimate for 28.4 percent growth for the period ending July 11.

Recall: Giant Bicycle’s Momentum Vida E+ E-Bikes
Giant Bicycle has reported in a voluntary recall that the fork steerer tube on the affected bikes could crack, break or separate during use, posing a fall hazard. Giant Bicycles has received four reports of broken fork steerer tubes, with no reported injuries.
Recall: Ozark Trail Water Bottles Sold at Walmart
Walmart said it received three reports of consumers who were injured when struck in the face by a lid forcefully ejected from these bottles upon opening. Two consumers suffered permanent vision loss after being struck in the eye.

Marsh Wear Clothing Opens First Store
Marsh Wear Clothing has opened its first store in its hometown of Charleston, SC, as the outdoor lifestyle brand celebrates its 15-year anniversary.

EXEC: Eagle Creek Owner Travis Campbell Eyes Opportunities in Adventure Travel
In September 2021, Travis Campbell made a leap in acquiring Eagle Creek, a brand that its former owner and his former employer, VF Corp., had planned to discontinue. He talks to SGB Executive about the ongoing reset of Eagle Creek and the opportunities in the adventure travel consumer market.

Blacktusk Outdoors Acquires Lucky Strike Bait Works
Toronto-based Blacktusk Outdoors has acquired the Lucky Strike fishing lure brand. Plans are underway to reinvest Lucky Strike in product design, expand into new categories and increase reach across North American and international markets.

MeatEater to Open Store in Wisconsin
MeatEater, the hunt & fish specialty retailer, announced plans to open a store at The Corners of Brookfield in Wisconsin, representing its second store. MeatEater’s flagship store opened in April 2024 near its headquarters in downtown Bozeman, MT.

Costco’s June Comps Get 11.2 Percent Growth from E-Commerce
Excluding gas, Costco’s same-store sales in the U.S. were up 5.5 percent in the U.S. and 6.2 percent overall. U.S. sales were up 7.4 percent year-to-date.

FDRA Urges Trump Administration to Halt New Tariffs on Footwear Ahead of BTS Selling
On Wednesday, July 9, the Footwear Distributors and Retailers of America sent a letter to the Trump Administration requesting that it not impose additional footwear tariffs on top of the existing ones ahead of the critical back-to-school selling season.
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