SGB Outdoor

SurfStitch Acquired By Alceon Group

SurfStitch has been acquired by Alceon Retail Holdco Pty Ltd, a specialist advisory, investment and capital solutions firm who also own EziBuy Limited, a New Zealand-based apparel and homewares retailer.

Play It Again Parent’s Q1 Profits Improve

Winmark Corp. the parent of Play It Again Sports, announced net income for the quarter ended March 31, 2018 of $6.96 million, or $1.69 a share, compared to net income of $5.6 million, or $1.25, in the first quarter of 2017.

Trump Backtracks On TPP Renewal

After floating the possibility on April 12 of rejoining the Trans-Pacific Partnership (TPP),  President Donald Trump wrote on Twitter late Tuesday that he didn’t think the deal was positive for the U.S. economy.

Wells Fargo Upgrades Newell Brands On Potential Further Sales

Wells Fargo raised its rating on Newell Brands due to expectations that proceeds from divestitures will come in greater than planned. West Fargo expects the second round of asset sales will include Newell’s outdoor & recreation division, which includes Coleman, along with outdoor apparel and beverage brands; and its fishing brands.

Keen Names Kate Sweeney As COO

Keen Inc. has named Kate Sweeney as COO. Sweeney joins the executive leadership at Keen to drive results as the brand continues to build and invest in its future growth.

Jaybird Joins The Conservation Alliance

Sports audio and technology company Jaybird has joined The Conservation Alliance. In conjunction with this news, the company has announced two Earth Day promotions to benefit the organization.