SGB Executive

EXEC: Tactical and Outdoor Rec Led Active Consumer M&A Activity Growth in 2025

Tactical Products M&A maintained its prior-year momentum, with deal volume increasing by 19 percent in 2025. Outdoor Recreation M&A volume saw its second consecutive year of expansion, rising 48 percent to 164 transactions. In Apparel & Footwear, M&A activity retracted nearly 14 percent year-over-year to 152 deals in 2025, the first decline since 2022.

KOA: Camping Participation Builds on Post-Pandemic Gains

The 12th Annual Camping & Outdoor Hospitality Report from Kampgrounds of America, Inc. (KOA) found over 52 million North American households camping in 2025, about even with year-ago levels but still well above pre-pandemic levels. Wellness and a recharge were found to be increased motivators for glamping, first-time guests, and aging campers.  

Birkenstock Opens First Swiss Store

Birkenstock opened a store in Zurich, marking its first store in Switzerland and 30th store in Europe. Measuring 70 square meters (230 square feet), the store is located on Storchengasse in the historic Old Town section of Switzerland’s financial capital.

EXEC: Canyon Bicycles Appoints Matthias Meier As CEO

Canyon Bicycles appointed Matthias Meier as CEO, effective May 1 with a goal of further expanding the traditional direct-to-consumer bike brand to retail accounts. Meier previously spent more than twelve years at bicycle component manufacturer DT Swiss.

EXEC: Former Exec Sues Adidas Over Alleged Gender Discrimination

Lindsay Gregg, who was Adidas’ head of women’s basketball sports marketing from January 2022 to February 2026, has filed a lawsuit against her former employer, charging she was fired for raising concerns about gender discrimination and the treatment of female athletes. She also charged Adidas with whistleblower retaliation.