American Outdoor Brands Inc., the outdoor gear and accessories business, recently spun off from Smith & Wesson Brands, reported sales in the first quarter ended July 31 of $50.5 million, an increase of 51.9 percent, over net sales of $33.2 million for the comparable quarter last year, driven primarily by increases in both e-commerce and traditional sales channels.
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Nfinity And Famer Debut Virtual Interactive Training App
Nfinity Athletic, known for its cheerleading footwear, has partnered with Famer, the developer of an online youth sports coaching and mentoring platform, to launch the Nfinity Interactive Training app for cheerleaders, dancers, coaches and parents.
Meet Mitsu: A Conversation With The American Alpine Club’s New CEO Mitsu Iwasaki
On August 3, the American Alpine Club (AAC) named Mitsu Iwasaki as its new CEO, replacing Phil Powers, who retired in 2019 after 15 years at the helm. On the day he sold his house in Portland, OR to move to the organization’s headquarters in Golden, CO, SGB Executive caught up with him to talk all things AAC.
American Outdoor Brands Completes Spin-Off From Smith & Wesson
American Outdoor Brands Inc. announced that its spin-off from Smith & Wesson Brands Inc. was completed on Monday, August 24, 2020, and American Outdoor Brands, Inc. is now an independent, publicly-traded company on the NASDAQ stock market under the symbol “AOUT.”
Smith & Wesson Completes Spin-Off Of American Outdoor Brand
Smith & Wesson Brands Inc. announced that it has completed the previously announced spin-off of its outdoor products and accessories business. Smith & Wesson Brands, Inc. will continue to trade on NASDAQ under the ticker symbol “SWBI.” The spin-off company, American Outdoor Brands, Inc., will begin trading Tuesday on NASDAQ under the symbol “AOUT.”
FIS Cancels 2020/21 North American Ski Races
The International Ski Federation (FIS) has announced that the entirety of the 2020/21 men’s and women’s Alpine World Cup season will remain in Europe rather than moving to the U.S. and Canada, as usual, due to the impact of COVID-19.
Retailers Launch Additional Promotions With Boys & Girls Clubs Of America
Boys & Girls Clubs of America launched its 2020 Back2School cause campaign in July and continued its momentum by announcing additional partnerships with retailers around the country, including Champion Athleticwear, Kids Foot Locker and Old Navy.
Rumpl Launches Collection Designed By Native American Artists With The First Peoples Fund
The designs by Jordan Craig and Darby Raymond-Overstreet reflect the brand’s ongoing commitment to raise awareness and better support the Native American community
Life Fitness Promotes From Within To Lead Consumer Sales In The Americas
Life Fitness promoted John Kazik to the role of vice president, Americas Consumer Sales and Billiards.
Survey Finds Americans Embracing Hybrid Home/Club Workouts
A survey from The Beachbody Company finds that though 15 percent of U.S. adults who exercise regularly said they will never feel comfortable working out in a gym, more than half (61 percent) said they will eventually feel comfortable heading back, while 23 percent are comfortable resuming their gym workouts. At the same time, a majority (90 percent) described their at-home fitness routines as effective.
onX Celebrates The Passing Of The Great American Outdoors Act
The GAOA provides funding for the Land and Water Conservation Fund and establishes The National Parks and Public Land Legacy Restoration Fund
Trump Signs Great American Outdoors Act Into Law
The Outdoor Industry Association and NSSF are both celebrating after President Trump signed the ‘Great American Outdoors Act’ into law.
Amer Sports Q2 Revenues Sink 36 Percent
Amer Sports’ revenues fell 36 percent in the second quarter, driving a 22 percent decline in the first half of the year, according to debt reviews from Moody’s and S&P. Bot rating agencies affirmed Amer has adequate liquidity to operate through the year and each assigned a low investment-grade rating of B3 and B- on Amer’s new €100 million facility.
Most Americans Do Not Expect Football To Happen In 2020
According to data released by The Harris Poll, only 32 percent of U.S. adults believe that an NFL season will be played in 2020. Furthermore, only 24 percent think there will be college football this year.
Majority Of Americans Don’t Plan To Renew Gym Memberships Post-COVID-19
According to a survey from TD Ameritrade, 59 percent of Americans don’t plan to renew their gym memberships after the COVID-19 pandemic is over.
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