SGB Executive Sportsmans
BRP, Inc. Commences Planned Financial Leadership Transition
The Quebec, Canada-based parent of the Ski-Doo, Sea-Doo and Lynx power sports brands, is reporting that Sébastien Martel will retire from his position as chief financial officer (CFO) and Minh Thanh Tran will be appointed CFO, effective October 1, 2026.
EXEC: Sportsman’s Warehouse CEO Paul Stone Talks Back Half Plan, Healthiest Inventory in Years
The CEO said close management of inventory remains a key priority, and made that point by noting that total inventory was down over $44 million year-over-year at quarter-end. In-stocks on core products have reportedly improved from about 50 percent two years ago to over 80 percent this year.
SGB Media Closed for Labor Day Holiday Weekend
In observance of the Labor Day holiday, SGB Media will be closed after noon on Friday, September 4 and for the full day on Monday, September 7. SGB Media will return to the office and resume newsletter publication on Tuesday, September 8.
EXEC: GoPro Goes Big in Merger with Starman Optical, Extends Reach into AI Infrastructure
Hey, if Allbirds can become Smartbird and transition into a sector where capital is plentiful, why can’t GoPro take the AI route and create a StarPro? Pure speculation there but Starman’s U.S.-made optical transceivers are expected to be added to GoPro’s portfolio, extending the company’s reach into the large and rapidly growing market for AI infrastructure in optical transceivers.
EXEC: Nordic Outdoor Group AS Acquires Bios Aktiebolag, Owner of iFish
With the acquisition, Bios becomes NOG’s sixth sport fishing brand. The portfolio also includes Sølvkroken, Vision Fly Fishing, Aava, Fly Dressing and Fly Scene.
EXEC: Dick’s SG Absorbs Wall Street Analyst Hits After Q2 EPS Miss
The company suffered at least three investment firm downgrades of its DKS shares along with severe downward price adjustments across the board from analysts after reporting Q2 results that missed expectations and slashing its outlook due to weakness at its Foot Locker subsidiary.
EXEC: Top Dick’s SG Brass Make Case for Staying the Course Amidst Q2 Market Shift
The conversation that Executive Chairman Ed Stack, President & CEO Lauren Hobart, and CFO Navdeep Gupta had with analysts became more about staying the course, the company’s commitment to the acquired Foot Locker business, and how the trio expects to weather the storm that hit earlier in the morning when the company released its earnings for the most recent period.
EXEC: West Marine Vendor Claims Nearly Wiped Out as Retailer Exits Chapter 11
The retailer has emerged from bankruptcy proceedings as part of a restructuring that reduced its debt by more than $265 million. Unsecured creditors, including vendors, are expected to secure minimal recovery for their claims.
EXEC: Tecnica Group Founders to Raise Stake to 69.09 Percent
The Zanatta family, founders of Italian outdoor footwear and ski equipment maker Tecnica Group, has agreed to buy back a 9.09 percent stake in the company from Italmobiliare for approximately €50 million ($58 mm).
EXEC: Rapala VMC Gets North America Lift in First Half as Growth Accelerates into Q2
The company said sales in the North American market remained strong in the second quarter, building on the strong performance in the first quarter as Q2 replenishment sales demonstrated healthy sell-through of the initial load-in orders shipped at the beginning of the year.
EXEC: Tenson Outdoor Gear to Launch in U.S. This Fall Under Cutter & Buck Team
The owner of the Ahead, Auclair, Cotton Classics, Craft, Cutter & Buck and Tencent brands, among many others is investing in a new warehouse and logistics center in Dallas, Texas, scheduled to open in October 2026, with 10 million units of storage capacity and advanced automation technology, including AutoStore, embroidery and Direct-to-Film decoration.
EXEC: Rapala VMC Expects 2026 Operating Profit to Blow Past 2025 Levels
The company said that replenishment demand “has further remained robust” in Q2 2026 in the company’s core North American market, following strong initial fill deliveries in Q1 for the open-water season.
EXEC: Yeti’s Shares Thumped by Concerns Over Drinkware, U.S. Growth
The company was the latest active lifestyle brand to feel the sting of Wall Street analysts’ concerns as shares fell about 11 percent Thursday, August 13, after the company reported second-quarter results that raised investor concerns over the brand’s sluggish growth in the Drinkware category and slower growth in the U.S. in the second half.
EXEC: Gregory, High Sierra Parent Samsonite Plans BÉIS Acquisition
Samsonite Group S.A., the parent of Gregory, High Sierra and several luggage brands, reported sales on a constant currency basis declined 1.7 percent in the second quarter and 0.7 percent in the half, dragged down by declines in North America, the Middle East and India. The Hong Kong-based company also announced it had agreed to acquire BÉIS, the travel brand based in El Segundo, CA.
EXEC: Inside the Integration of Helly Hansen with Parent KTB’s CEO and New President
In North America, KTB is creating two GMs to drive increased focus for the two business units at Helly, suggesting that they will replicate this globally over time. “This is something the Helly Hansen team has discussed for years, and under Kontoor, we are making it happen,” commented Kontoor Brands Chairman and CEO Scott Baxter.
