KORR Acquisitions Group Again Urges GoPro To Explore Sale

KORR Acquisitions Group Inc., a shareholder with a substantial position in GoPro Inc., sent a second letter to GoPro’s Nicholas D. Woodman, Chairman, Chief Executive Officer and founder of GoPro, and Kenneth Goldman, the company’s lead independent director, with copies to the Company’s Board of Director urging the Company to explore a sale.

The North Face And REI Pull Ads From Facebook

The North Face and REI both said they would temporarily stop buying Facebook ads in solidarity with calls for a boycott from civil rights organizations. Facebook and CEO Mark Zuckerberg have come under fire for allowing racist content and disinformation to propagate on the site.

Hudson To Open Sunglass Hut In-Store Shops

Hudson, the operator of more than 1,000 stores in airports and other commuter hubs across North America, unveiled its plans for in-store Sunglass Hut shop-in-shops as part of a new strategic venture with Luxottica Group.

Opkix Inc. To Acquire The PogoCam Brand

Opkix Inc., a Costa Mesa, CA.-based maker of tiny cameras and an integrated social content app, announced the acquisition of the PogoCam brand and its associated intellectual property, including its patent portfolio.

Fasthouse Partners With Outdoor Gear Canada

Fasthouse, California-based soft goods brand for mountain bike and motorsport, has signed a multi-year distribution agreement for its mountain bike products in Canada with Outdoor Gear Canada (OGC), a leading supplier of cycling products.

Senate Passes Great American Outdoors Act

The U.S. Senate voted 73-25 to passed the bipartisan Great American Outdoors Act, landmark conservation legislation that fully funds the Land and Water Conservation Fund (LWCF) at a level of $900 million every year and addresses the approximately $20 billion maintenance backlog on federal public lands.

Rollerblade Seeing Sales Soar Amid Pandemic

Rollerblade said sales have increased more than 300 percent since the beginning of March as the COVID-19 pandemic was emerging. In May, the brand experienced its largest shipping month in the past 20 years in the U.S. market.