Americans are looking forward to the holiday season this year, with many planning to spend the same or more compared with last year and support charitable organizations and their local communities, according to the 15th Annual Holiday Shopping Survey from Accenture.
Category: Outdoor
Sportsman’s Guide And The Golf Warehouse Sold To PE Firm
BHG Ventures, a private investment firm in Southfield, MI, has acquired Sportsman’s Guide and The Golf Warehouse. Terms of the deal were not disclosed.
RV Retailer Expands In Texas To 16 Stores
RV Retailer signed an agreement to acquire Sherrod’s RV Center with two locations in the Beaumont, TX market. The stores will be re-branded ExploreUSA Supercenter of Beaumont. RVR also announced it had opened a sales and service facility in Tyler, TX.
Bearpaw Plans Warehouse Expansion
Bearpaw plans to open a distribution facility in Fernley, NV, in 2022 to support online growth, according to North Nevada Business Weekly.
Winter Dew Tour To Serve As A U.S. Olympic Qualifying Event
The Adventure Sports Network Group announced its annual Winter Dew Tour to be held at Copper Mountain this December 16-19. It will serve as a U.S. Ski & Snowboard Olympic qualifying event for men’s and women’s halfpipe and slopestyle snowboarding and freeskiing competitions.
Dorel To Sell Cycling Segment To Pon Holdings
Dorel Industries Inc. announced that it has entered into a definitive agreement to sell Dorel Sports, its bicycle segment that includes Cannondale and Schwinn, to Pon Holdings B.V., a Dutch mobility group, for U.S. $810 million in cash.
OIA And Access Fund Applaud Biden’s Proclamation To Restore Bears Ears National Monument
The Outdoor Industry Association (OIA) and Access Fund support the Biden Administration’s move to restore protections for Bears Ears, Grand Staircase-Escalante, Northeast Canyons, and Seamounts National Monuments.
House of Outdoors Acquires Bass Mafia
House of Outdoors (HOO), based in Frisco, TX, announced the acquisition of Mafia Outdoors, including its sub-brands; most notably, Bass Mafia, known for its premium tackle storage solutions.
Quality Bicycle Products Hires VP Of Brand Marketing
Quality Bicycle Products announced the hiring of Shylo Masumi Farnsworth as VP of brand marketing. Farnsworth brings 18 years of experience in marketing, retail, digital and brand experience and joins Quality Bicycle Products from Nike.
Canada Goose’s Debt Ratings Outlook Upgraded
S&P Global Ratings revised its debt rating outlook on Canada Goose Holdings Inc. to positive from stable. S&P said Canada Goose’s operating performance for fiscal 2021 was healthier than its previous expectation because of stronger consumer demand and better recovery post easing of restrictions.
Moncler Plans New Headquarters
Moncler is investing in a new headquarters in Milan that will be completed at the end of 2024.
Solo Brands Files For IPO
Solo Brands, Inc., owner of the Solo Stove, Chubbies, Oru Kayak, and Isle paddleboard brands, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
Retail Imports Remain High, But Could Be Higher Without Port Congestion
Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released by the National Retail Federation.
Helen Of Troy’s Houseware Segment Delivers Six Percent Growth In Second Quarter
Helen of Troy reported sales in its Housewares segment increased 6.6 percent in the second quarter due to strong sales at brick and mortar stores for OXO and Hydro Flask brands. The Housewares segment is now expected to deliver growth of 9 to 11 percent for the year, up from 7 to 9 percent previously.
Evo Acquires Callaghan Country Wilderness Adventures
Outdoor retailer and lifestyle brand Evo announced the acquisition of Whistler, BC-based Callaghan Country Wilderness Adventures (CCWA), owner of the popular ski destination Journeyman Lodge.
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