SGB Sportsmans

X-Vision Optics Expands Distribution Network

The manufacturer of thermal and night vision sights, scopes, binos, and monos, has partnered with Chattanooga Shooting Supplies, Inc. as a new distributor making its products more accessible to outdoor enthusiasts, hunters and tactical professionals.

EXEC: Hydro Flask Grows as Osprey Shrinks in Fiscal Q2 Period

Hydro Flask successfully launched into Costco, a key retailer for an expanded target consumer. The brand also reportedly benefited from strong distribution internationally with sales up in all key markets. Hydro Flask reportedly successfully launched its photography accessories line.

Bain Forecasts Record Black Friday/Cyber Monday Sales

U.S. retail sales over Black Friday – Cyber Monday (BFCM) weekend may set a new record, surpassing $75 billion in sales, according to a forecast from Bain & Company. The weekend is expected to deliver year-over-year growth of around 5 percent, outpacing Bain’s overall holiday sales growth forecast of 3 percent for the entire holiday season.

EXEC: Is The Vista Outdoor Bidding War Finally Over?

Vista’s Outdoor’s moves over the weekend to find a buyer for the Revelyst outdoor business and receive yet another higher offer for its Kinetic Group ammunition and firearms business should be enough to secure shareholder approval and avoid another hostile bid, according to several analysts following the stock.

NuOrder by Lightspeed Appoints New Head of Revenue

Chris Akrimi, most recently, was the CEO of The Layer, a tech company that “transforms commerce data through AI. ” There, he focused on positioning the company at the “forefront of AI-driven product data management.”

Orvis Sets Layoffs and Store Closures; Discontinues Catalog

The 112 employees affected by the layoffs represent 8 percent of Orvis’ workforce. In the U.S., Orvis operates 70 retail stores and 10 outlets. In the UK, the company operates 18 retail stores and one outlet. The company did not disclose what store would be affected by the closures.