Bass Pro Shops Partners With American Bass Anglers
Bass Pro Shops and American Bass Anglers announced today a multiyear partnership to provide more avenues for weekend anglers across the country. Bass Pro Shops will become the Title Sponsor of American Bass Anglers and will support a new 150hp bass tournament trail.
Under Armour Predicts Slow Recovery On Investor Day
At its Investor Day Wednesday in Baltimore, Under Armour officials touted early paybacks in its Transformation efforts and the brand’s ability tap into a Focused Performer consumer that globally represents $92 billion in revenue potential. But shares of Under Armour fell sharply on the day as Under Armour forecast only modest growth in the years ahead, including little pickup in North America.
Big Rock Sports Gear Up For First-Ever National Show
Big Rock Sports will hold its first-ever national Outdoor Expo in Nashville, TN from January 7–9, 2019. Based on previous years where the company held two regional shows, the company is seeing strong registration numbers for this bigger buying event.
Bass Pro Becomes Title Sponsor of Collegiate Bass Fishing Series
Under the agreement, Bass Pros Shops will become the title sponsor of the Collegiate Bass Fishing Series, as well as the title sponsor of the Big Bass Bash presented by Berkley event and the prestigious School of the Year program.
American Outdoor Brands Find Bundling Jumpstarts Firearms Growth
Despite ongoing weakness in firearms demand, American Outdoor Brands, the parent of Smith & Wesson, managed to post a 10.2 percent gain in revenues in its firearms segment in the second quarter ended October 31. The improvement stemmed from a successful ‘bundle’ promotions booked earlier in the year and shipped in the second quarter
Aisle Talk Week Of December 3
Top headlines from the active lifestyle industry you may have missed this week, including big news from trade show owner Emerald Expositions, which canceled Interbike (pictured) for 2019 and also shortened Outdoor Retailer Summer Market and Winter Market from four days to three days.
American Outdoor Brands Lifts Annual Guidance On Robust Q2
American Outdoor Brands Corp., the parent of Smith & Wesson, reported earnings on an adjusted basis rose 74.6 percent in the second quarter ended October 31 as sales grew 8.9 percent.
5.11 Opens Store In Indianapolis
Tactical apparel and gear brand 5.11 has opened a brick-and-mortar retail store in Indianapolis, IN, providing another building block to 5.11’s 2018 retail expansion goal of 50 company-owned retail stores.
Mountain Khakis Promotes Victoria Payne To CFO
Mountain Khaki announced the recent promotion of Victoria Payne to CFO and vice president. Payne will lead all Mountain Khakis’ finance and operations activities.
Dick’s Saw 62 Employees Quit Over Gun Policy Change
Sixty-two employees quit in protest over Dick’s Sporting Goods’ change in its gun policies earlier this year, Ed Stack, the retailer’s chairman and CEO, said at a Wall Street Journal conference Tuesday. The exits were fewer than anticipated.
Moody’s Affirms Vista Outdoor’s Debt Ratings
Moody’s Investors Service affirmed all ratings for Vista Outdoor Inc. following the company’s refinancing its unrated credit facility. The rating outlook remains negative.
Sportfishing Industry Association Appoints New Atlantic Fisheries Policy Director
The American Sportfishing Association (ASA) has announced that Michael Waine, most recently a Fisheries Management Analyst with NOAA Fisheries, has joined the ASA staff as Atlantic Fisheries Policy Director.
Tariff War Far From Over
President Donald Trump and Chinese President Xi Jinping agreed Saturday to a temporary trade cease-fire to allow time for more negotiations but trade experts are doubtful that 90 days will be enough time to resolve the thorny and complicated issues that divide the two countries.
November M&A Roundup: Big Outdoor Deals Bookend Busy Month
Two large acquisitions in the outdoor space bookended November—Canada Goose bought Baffin to kick off the month and Callaway bought Jack Wolfskin to close it—while a flurry of M&A activity occurred in the days between.
Firearms Background Checks Drop In October
The October 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1 million represented a decrease of 11.2 percent compared to the October 2017 NSSF-adjusted NICS figure of 1.13 million.
