Bass Pro Completes Cabela’s Merger
According to a statement, the combined company is “poised to provide customers with unmatched offerings spanning premier destination retail, outdoor equipment manufacturing, world-class resort destinations and more with a strong commitment to advancing conservation initiatives.”
AlixPartners Sees Healthy Holiday Gains
AlixPartners released its forecast for US retail sales for the upcoming holiday season. The forecast anticipates an increase in sales revenue for retailers for the November-through-January period of 3.5 percent to 4.4 percent, compared with 2016 holiday-season sales.
Aisle Talk, Week Of September 18
Top headlines from the active lifestyle industry you may have missed this week.
NASGW Announces Annual Award Nominees
The National Association of Sporting Goods Wholesalers (NASGW), the association representing shooting sports wholesalers, manufacturers, and their trade partners, announced the nominees for this year’s NASGW Leadership Awards.
Academy’s Challenges Continue In First Half
Moody’s downgraded the debt ratings of Academy Sports + Outdoors due to “difficult market conditions, including a highly promotional environment for athletic apparel and weak demand for firearms and ammunition,”
Canadian Tire Supports Getting Kids With Disabilities Active
Canadian Tire Corp. announced a $50 million commitment over five years to Jumpstart Charities, in order to give Canadian kids with disabilities greater access to sport and play.
Moody’s Downgrades Academy’s Debt Ratings
Moody’s Investors Service downgraded its debt ratings for Academy Ltd. due to the “highly promotional environment” for athletic apparel and weak demand for firearms and ammunition.
Interior Chief Urges Shrinking Four National Monuments In West
Ryan Zinke, the U.S. interior secretary, will recommend reducing the size of at least four of 27 national monuments, a leaked report states. The four monuments mentioned include the fiercely contested Bears Ears National Monument in Utah as well as Utah’s Grand Staircase Escalante, Oregon’s Cascade-Siskiyou and Nevada’s Gold Butte.
BRS Realizes Distribution Through Recapitalization Of BRS Outdoor Sports Holdings
Bruckmann, Rosser, Sherrill & Co. (BRS), the New York-based private equity firm, announced a distribution to its limited partners resulting from the recapitalization of Gamo Outdoor SL and Daisy Manufacturing Company and other related entities.
Buck Knives Appoints New Sales Heads
Buck Knives announced that Mike Silverberg has joined the company as vice president of sales and Chris Bourassa has been promoted to director of North American sales.
Sportsman’s Warehouse To Hold Grand Opening In Visalia, CA
Sportsman’s Warehouse is expanding its operations to include a new retail location in Visalia, CA.
Camping World Forms Partnership With Major League Baseball
Camping World Holdings announced a multi-year partnership with Major League Baseball. The agreement includes sponsorships with all its banners: Camping World, Gander Mountain, Overton’s, The House and Windward/W82.
Canada’s Wholesale Sports To Close
Wholesale Sports Canada Ltd. announced the orderly wind down and eventual closure of its 12 retail locations in the four western Canadian provinces, according to a statement from its parent United Farmers of Alberta Co-operative Ltd. (UFA).
RECALL: BTI Aftermarket Rifle Kit
Battenfeld Technologies Inc. (BTI) has announced a recall involving its M&P AR-15 Rifle Lower Parts Kit Complete, an aftermarket parts kit.
Aisle Talk, Week Of September 11
Top headlines from the active lifestyle industry you may have missed this week.
