The Logan, Utah maker of camp stoves, barbegcue prills, pellet grills, smokers and cast iron cookware fetched $60 million in cash plus earnouts for its owners.
Category: Outdoor

Shoe Carnival Narrows Outlook on Weak Back-To-School Start
Delayed buying hits athletic footwear sales, too, but rebound seen in August. “For the first time I can remember, footwear sales accelerated a day or two prior to school starting.”
Newell Brands Names VP Of Communications
Tom Sanford is the latest high-profile appointment since the April acquisition of Jarden Corp. and its $2.74-billion-a-year sporting goods business.
CODI Completes 5.11 Tactical Acquisition
Compass Diversified Holdings Inc. (NYSE:CODI) closed on its $400 million acquisition of the tactical products company.

GSI Outdoor Signs Korean Distributor
GSI Outdoors has signed an agreement with Nelson Sports Inc to distribute its outdoor cook- and tableware and related accessories in South Korea, effective immediately. Nelson Sports will sell, market and support GSI Outdoors’ products with the goal of increasing demand and sales in the South Korean outdoor market. The announcement was made by Don Scott, […]

Columbia Launches Search For Two New Directors of Toughness
In addition to job perks that include a full-time salary and benefits, the product-testing job duration is being extended from six to nine months.
Adidas Outdoor Sees Strength in Trail Running
Adidas Outdoor announced its pre-order sales for trail running footwear for spring 2017 increased more than 62 percent from last year. The collections include the Adidas brand’s Boost energy return foam, Continental Rubber and Gore-Tex waterproof membranes. “The outdoor trail running category is one of our strongest areas,” said Greg Thomsen, Adidas Outdoor managing director, […]

Australian Retailer Reports Accelerating Comps
Fiscal 2015 and year-to-date results reported by Super Retail Group show demand for athletic and outdoor gear strengthening down under.

Columbia Releases Manchester United Line
Columbia Sportswear released its long-awaited line in partnership with football club Manchester United. The outerwear line is targeted at fans and includes 17 styles of jackets and shells for men, women and children.

Famous Footwear Foiled By Back-To-School Procrastinators
While the footwear retailer has seen delayed back-to-school buying for years, the trend is “much more pronounced this year” with consumers buying at need or even beyond the traditional in the season.
Amer Sports Accelerates Organic Initiatives
The company will cut up to €25 million in expenses by the end of 2017 so it can accelerate organic growth initiatives that are already exceeding expectations.
Timberland Launches “Buy One. Plant One.” Initiative
Timberland has launched a program that will plant a tree for every pair of kids shoes sold in a partnership withPur Projet.

Kraig BioCraft Begins Work on Third Site
Three weeks after completing construction of a plant in Indiana, the maker of genetically engineered spider silk fibers has identified a third production site.

Keen to Debut Documentary at 90 Colleges
The footwear company expects to reach up to 1 million students through the Outdoor Nation Campus Challenge, which seeks to create future outdoor enthusiasts.