American Outdoor Brands Secures Trademark And Patent Settlement Agreement With GSM Outdoors
American Outdoor Brands, Inc. executed an agreement on April 6 with Good Sportsman Marketing, LLC (GSM) to settle litigation related to GSM’s improper use of trademarks owned by AOB and allegations of infringement of AOB’s patent rights.
NSSF: Firearms Industry Economic Impact Surges 322 Percent Since 2008
The total economic impact of the firearm and ammunition industry in the United States increased to $80.73 billion in 2022 from $19.1 billion in 2008, a 322 percent increase, while the total number of full-time equivalent jobs rose to over 393,696 from approximately 166,000, a 136 percent increase in that same period, according to a report released by the NSSF, the firearm industry’s trade association.
Malibu Boats’ Chief Financial Officer Departs; Company Appoints Interim CFO
Effective immediately, Malibu Boats, Inc. hired David Black as interim chief financial officer. Malibu’s current CFO, Wayne Wilson, notified the company of his resignation to pursue a similar role at a private equity-backed company.
MidwayUSA Promotes New Inventory Control And Services Manager
MidwayUSA promoted David Naugle to inventory control and services manager.
Academy Sports + Outdoors To Open New Store In Lafayette, IN
Academy Sports + Outdoors reported it will open its first store in Lafayette, LA, on April 21. The approximately 60,000-square-foot store marks the first retail store the company will open in 2023.
Study: Global Supply Chain Volatility Falls To Lowest Level Since July 2020
The GEP Global Supply Chain Volatility Index concluded that global supply chains operate more efficiently today, signaling the lowest stress level since July 2020.
Camping World Holdings To Acquire All Seasons RV In Yuba City, CA
Camping World Holdings, Inc. agreed to acquire All Seasons RV in Yuba City, CA. The acquisition is expected to close in the third quarter of 2023, increasing its California location count to twenty-one.
The Headrest Safe Company Hires Sales Agency For 13 Western States
The Headrest Safe Company, LLC hired Lammert Associates, Inc. to oversee the growth and expansion of the company’s business in 13 Western states.
Winnebago Industries Names VP Of Corporate Responsibility Team
Winnebago Industries hired Jil Littlejohn Bostick as executive director for the Winnebago Industries Foundation and vice president for the company’s corporate responsibility team, effective April 1.
World Wide Buy Group To Represent ZeroTech Optics In U.S.
ZeroTech Optics, founded in Australia in 2018, hired the World Wide Buy Group as product reps in the U.S.
NRF Report: Organized Retail Crime A Growing Threat For U.S. Retailers
Organized retail crime is a perpetual and burgeoning problem for the U.S. retail industry, and evidence suggests it is growing in scope and complexity, according to a recently released report from the National Retail Federation (NRF).
Walmart Closes Four Stores In Chicago
Walmart reported it will close four of its eight stores in Chicago after stating the stores were losing “tens of millions of dollars a year, and the retailer’s annual losses nearly doubled in just the last five years.”
Marolina Outdoor Adds Industry Veterans To Team
Marolina Outdoor, the parent company of Huk Performance Fishing and Nomad Outdoor, hired Dean Rurak as CEO and Bill Ferreira as senior vice president of sales and merchandising, effective May 1.
Sportsman’s Warehouse Q4 Profits Decline On Double-Digit Comps Decline; CEO To Retire
Sportsman’s Warehouse Holdings, Inc. announced that John Barker, CEO, plans to retire as CEO and director, effective April 14, to spend time on personal interests. Joseph Schneider, the current Board chair, has been appointed interim CEO. The change comes as the retailer reported fourth-quarter earnings declined sharply against strong year-ago results and although EPS slightly exceeded Wall Street’s targets.
Gunpowder, Inc. Forms Executive Leadership Team
Gunpowder, Inc. reported forming an executive leadership team, promoting Carie Breunig to the chief operating officer, Leah Berg to president and Caitlin Conley to vice president of finance. Agency Founder Ryan Chuckel will remain in the CEO role.
