The group, led by U.S.-based Cerberus Capital Management LP that’s looking to take Dorel Industries Inc. private, raised its takeover offer by 10 percent after receiving objections to its initial offer from a significant investor.
Category: Outdoor
GOA Cancels June 2021 Connect Buying Show
GOA announced the cancellation of its spring Grassroots Outdoor Alliance Connect buying show, originally scheduled for June 7 to 10, 2021.
Deckers Brands Appoints Independent Director To Its Board
Deckers Brands announced the appointment of Maha S. Ibrahim to its Board of Directors, effective February 1.
Clarus Sees 23 Percent Q4 Revenue Gain
Clarus Corp said it expects sales in the fourth quarter of 2020 to be approximately $75.0 million, a 23 percent increase year-over-year and ahead of guidance. Excluding the acquisition of Barnes, sales grew 12 percent.
Authentic Brands Group Announces Slate Of Executive Promotions
Authentic Brands Group announces a slate of executive promotions as it continues to position itself for sustainable and scalable growth.
L Catterton Acquires Majority Stake In French Outerwear Brand JOTT
Just Over The Top (JOTT), the French casual outerwear brand, announced that L Catterton, the PE firm, has acquired a controlling interest in the company. The Gourdikian family, which founded and manage JOTT, will continue to hold a significant equity interest in the business.
L.L. Bean To Open Store In Dartmouth, Nova Scotia
L.L.Bean is continuing with its Canadian store expansion with a location opening this year in suburban Halifax. North American Development Group (NADG) said that it is welcoming L.L.Bean to Dartmouth Crossing, with its new 15,000-square-foot store scheduled to open in mid-2021.
Pure Archery Hires Appalachian Territory Manager
Pure Archery Group hired industry veteran Todd Wade as territory manager for Pennsylvania, Maryland and Delaware.
Bass Pro And Johnny Morris Announce Amateur Fishing Tournament
Bass Pro Shops and founder Johnny Morris announced plans Monday for a national amateur bass fishing tournament to kick off the company’s 50th Anniversary celebration. The event will offer the largest cash prize of any freshwater fishing tournament to date.
PVH Corp. Officially Appoints Stefan Larsson As CEO
PVH Corp. announced that Stefan Larsson has formally become the company’s chief executive officer and joined its Board of Directors, completing a previously announced transition plan. PVH’s former CEO, Manny Chirico, will continue in his role as chairman of the Board of Directors.
Crocs Hires Former Nike Exec As General Manager Of The Americas
Crocs Inc. announced that Emma Minto was hired as senior vice president and general manager, overseeing operations for the brand’s Americas region. Minto formerly spent 16 years at Nike, most recently as vice president and general manager of Nike Women’s, North America.
Keen Footwear Expands USA Manufacturing Commitment
Keen Inc announced plans to increase its Portland, OR production by 26 percent driven by demand for its “American Built” Utility boots and hikers assembled in Portland. Also, Keen is expanding its manufacturing relationship with Nester Hosiery, the manufacturer of outdoor socks based in North Carolina.
Dunham’s To Open Store In Salina, KS
Dunham’s Sports is opening a store at the Central Mall in Salina, KS.
Dick’s SG To Open Store In Grand Junction, CO
Dick’s Sporting Goods Inc. plans to open a store at Mesa Mall in Grand Junction, CO.
Honey Stinger Partners With Alterra Mountain Company
Honey Stinger has entered into a two-year partnership with Alterra Mountain Company, the owner and operator of 15 North American mountain destinations.
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