In a year-end letter to co-op members entitled, “Grateful for Our Community in a Year Like No Other,” Eric Artz, REI Co-op CEO and president, reflected on the accomplishments of the company. He also noted that while the past year had its challenges, it was also one of “profound clarity, focus and learning.”
Category: Outdoor
Riton Optics Names Brand Manager
Riton Optics, based in Tucson, AZ, announced Eric Hickman as its new brand manager.
Survey: More Than Two-Thirds Of Americans Said Their Health And Fitness Has Been Negatively Impacted In 2020
According to a new survey from Life Time, a majority of people have reported gaining weight, losing muscle and struggling with their mental health during the past year.
JCPenney Initiates Search For New CEO
JCPenney, which emerged from bankruptcy proceedings on December 7 under new ownership, said it has launched a search for a chief executive officer to replace Jill Soltau, who will exit the company effective December 31, 2020.
SFIA Releases 2020 Trends In Team Sports Report
Team sports participation increased 3.2 percent in 2019, largely attributed to growth in more popular team sports, such as basketball (2.9 percent), outdoor soccer (4.5 percent), flag football (3.2 percent), and lacrosse (0.8 percent) according to SFIA’s 2020 Trends in Team Sports Report.
Colorado Yurt Company Appoints Director Of Sales
Colorado Yurt Company, based in Montrose, CO. announced the hiring of Garrett Walker as director of sales. He formerly worked for Teilhaber Manufacturing and OtterBox.
MyTheresa Files For IPO In U.S.
German online luxury retailer MyTheresa Group GmbH’s parent company MYT Netherlands Parent B.V filed for an initial public offering in the U.S.
LuckyGunner Announces Ownership Change
LuckyGunner, LLC (LG) announced that it has recently been fully divested by Mollenhour Gross, LLC and has joined 2A Group, LLC, a private investment company solely owned by Jordan Mollenhour.
VF Corp. Completes Acquisition Of Supreme
VF Corp. announced that it has completed its previously announced acquisition of Supreme, the streetwear brand, for an aggregate base purchase price of $2.1 billion.
Taubman Centers Approves Merger With Simon Property Group
Luxury mall owner Taubman Centers, Inc. announced that its shareholders at a special meeting approved a merger agreement between Taubman Realty Group and the biggest mall owner in America Simon Property Group
Bass Pro’s Planned Acquisition Of Sportsman’s Warehouse Seen As Credit Positive
Moody’s Investors Service said that Bass Pro Group, L.L.C’s planned acquisition of Sportsman’s Warehouse Holdings Inc. for approximately $800 million is a credit positive, but has no impact on the company’s ratings or outlook.
Dorel Postpones Special Shareholders Meeting
Dorel Industries Inc. announced that its Board of Directors is postponing a Special Meeting to vote on its going-private transaction to give Dorel shareholders additional time to consider the terms and conditions of the proposed deal.
Mastercard: Holiday Retail Sales Grew 3.0 Percent
According to Mastercard SpendingPulse, holiday retail sales, excluding automotive and gasoline, increased 3.0 percent this expanded holiday season, running from October 11 through December 24. Notably, online sales grew 49.0 percent compared to 2019, the preliminary insights show.
SHOT Show Education Sessions Move Online; Registration Open
NSSF, the trade association for the firearm industry, announced that registration is open to attend the SHOT Show’s “On Demand” educational offerings, including SHOT University, Retailer seminars and its Import/Export webinar series.
From Our Family To Yours …
Warmest thoughts and Best Wishes for a Wonderful Holiday and a very Happy New Year. Wishing you and your families the gifts of the season — Peace, Joy and Hope. SGB Media
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