EXEC: Rivian E-Bike Spin-Off Sees $1 Billion Valuation in Latest Funding Round
EXEC: Giant Group June Bike Shipments Exhibit Worst Decline Since October 2023
EXEC: Thule Group CEO Talks Q2 Upside, 2025 Opportunities and U.S. Gains After Weak Q1
EXEC: Eagle Creek Owner Travis Campbell Eyes Opportunities in Adventure Travel
Osprey and Hydro Flask Parent’s Home & Outdoor Segment Sales Retreat in Fiscal Q1
SGB Update
Yamaha Marine’s Torqeedo Appoints Director of Sales
Mary Jo Reinhart will lead OEM and retail sales across North America for Torqueedo, overseeing key distributor relationships and core business operations for its low-voltage product line. Reinhart began her career at the company in 2011 as a customer service rep.
Turner’s Outdoorsman Appoints President
Rob Zubak brings 35 years of experience to the role. Most recently, he was the company’s chief operating officer. The hunting, Shooting and fishing retailer operates 38 stores across California and Arizona.
Rygr Taps Saks, Backbone and TNF Veteran as Company President
Hlidek replaces Brian Holcombe, who co-founded Rygr in 2016 and assumed the role of president in 2023. The company said Holcombe’s nine-year tenure helped shape the agency’s “strong foundation, culture and client portfolio.”
Winnebago Industries to Undergo Additional Iowa Layoffs
Winnebago Industries will lay off an additional 121 employees at its Iowa facilities in Charles City and Waverly. The RV manufacturer plans to consolidate those operations into its Forest City and Lake Mills facilities.
Survey: Potential Tariffs and Inflation Jump-Started BTS Shopping
“Consumers are being mindful of the potential impacts of tariffs and inflation on back-to-school items, and have turned to early shopping, discount stores and summer sales for savings on school essentials.” — Katherine Cullen, VP of Industry and Consumer Insights, National Retail Federation
SGB Executive
EXEC: Mips AB Saw U.S. Tariff Changes Put a Damper on Q2 Growth
The Sweden-based maker of helmet protection technologies reported net sales increased just 1 percent to SEK 135 million in the 2025 second quarter, due to currency fluctuations. Organic sales growth was 12 percent, far below the 42 percent organic growth posted in the first quarter.
EXEC: Rivian E-Bike Spin-Off Sees $1 Billion Valuation in Latest Funding Round
Also, Inc., led by company President Chris Yu, the former executive of Specialized bike components, has been leading the skunkworks team for the last few years after joining Rivian in January 2022.
EXEC: Giant Group June Bike Shipments Exhibit Worst Decline Since October 2023
June shipments declined 30.0 percent y/y to NT$4.97 billion, bringing the six-month first half period to a decline of 12.4 percent y/y to NT$32.6 billion. The June decline further builds on a 29.3 percent y/y decline in May 2024 and a 17.1 percent y/y decline in April 2025.
EXEC: Thule Group CEO Talks Q2 Upside, 2025 Opportunities and U.S. Gains After Weak Q1
Thule Group President and CEO Mattias Ankarberg said the company’s 16 percent currency-neutral growth in the second quarter was driven by new products and categories, providing clear confirmation to him that the company’s high launch pace during the year has paid off.
EXEC: Eagle Creek Owner Travis Campbell Eyes Opportunities in Adventure Travel
In September 2021, Travis Campbell made a leap in acquiring Eagle Creek, a brand that its former owner and his former employer, VF Corp., had planned to discontinue. He talks to SGB Executive about the ongoing reset of Eagle Creek and the opportunities in the adventure travel consumer market.
