SGB Executive Outdoor

EXEC: Tern Bicycles Moves to New Taipei City Headquarters

The Taiwanese maker of e-bikes, cargo bikes and folding bikes, has relocated its corporate headquarters to New Taipei City, Taiwan, bringing the company’s teams, previously spread across multiple buildings, floors, and offices, into one shared workspace.

EXEC: Head Group Acquires Le Col Cycling Apparel Brand

The Austria-based Head Group acquired the British cycling apparel brand Le Col from Puma Growth Partners. The Group currently owns and operates Head, Tyrolia, Mares, Aqualung, Zoggs, SSI, and Revo.

EXEC: Canada Goose Shares Take Hit on Weaker Fiscal Q3 Margins, Profit Shortfall

The company reported that revenues grew 14 percent in the fiscal third quarter ended December 28, led by strong performances in the U.S. and China, marking four consecutive quarters of positive direct-to-consumer (DTC) comparable sales growth. Earnings, on an adjusted basis, were down slightly due to higher operating costs.

EXEC: Big Rock Sports To Liquidate, Unsecured Debt Totals $83M

Big Rock Sports, the Graham, NC-based distributor of fishing, hunting and outdoor sporting goods, has filed for Chapter 7 bankruptcy liquidation, listing just over $100 million in liabilities. Unsecured claims totaling about $83 million and including many vendors in litigation with Big Rock are not expected to be paid.

EXEC: Columbia Sportswear Shares Jump as CEO Sees Green Shoots Developing

One analyst on the company’s conference call noted that Columbia’s “FY26 outlook points to sequentially strengthening fundamentals, with topline growth poised to inflect on improving U.S. selling conditions, high-single-digit price increases embedded in the order book, and contributions across all brands.”

EXEC: Accell Group’s Sales Seen Sliding 15 Percent in 2025

In a debt ratings update, Fitch Ratings said it expects Accell Group’s revenue to decline about 15 percent in 2025 and a further 9 percent in 2026 on lower volumes, partially offset by higher pricing from reduced discounting and an improved product mix. Fitch expects mid-single-digit revenue growth in 2027/28, primarily on sales volume recovery.

EXEC: VF Corp. Shares Tumble as Weak Fiscal Q1 Guidance Overshadows Q4 Earnings Beat

The company continue to have issues with the Vans brand even as TNF, Altra and TImberland appear to be sailing above the fray. VF’s Chief Commercial Officer (CCO) Martino Scabbia Guerrini appears to be a casualty of the continued turmoil, as he is replaced by Brent Hyder adding the CCO duties to his role as president for The Americas.