Malibu Boats Acquires Pursuit Boats
Malibu Boats Inc., a manufacturer of recreational fiberglass boats, announced that the company has entered into a definitive agreement with S2 Yachts Inc. to acquire the assets of Pursuit Boats for $100 million.
Work Sharp Outdoor Celebrates Annual Knife Day
Work Sharp Outdoor, a manufacturer of knife and tool sharpeners, is in the fourth week of the company’s #WorkSharpStaySharp campaign. The campaign was designed to build engagement around annual Knife Day, which takes place nationwide August 24.
Sportfishing Industry Association Appoints New Government Affairs Policy Director
The American Sportfishing Association (ASA) announced that Clay Crabtree, most recently a legislative analyst with the U.S. Department of Health and Human Services, has joined the ASA staff as policy director.
5.11 Opens Store In Reno, NV
Tactical apparel and gear company 5.11 has opened a brick-and-mortar retail store in Reno, NV, bolstering the company’s 2018 retail expansion goal of 50 company-owned retail stores.
Shopify Bans Sale Of Certain Firearms
Shopify, a provider of e-commerce storefronts, has moved to ban certain firearms and parts on the company’s platform, including some semi-automatic weapons and 3D-printed guns.
Retail Reports Roundup
Studies arrived last week on consumers placing a higher priority on newness, online cart abandonment challenges, digital marketing’s effectiveness, strapped consumers and stores associate bonds helping deter shoplifting.
Aisle Talk Week of August 13
Top headlines from the active lifestyle industry you may have missed this week, including VF Corp.’s market-moving news that the company is spinning off its jeans division and relocating to Colorado along with The North Face, Smartwool and other brands.
Gander Outdoors Announces 2 Store Openings
Gander Outdoors, formerly known as Gander Mountain, is now open in Watertown, NY, and Green Bay, WI.
Can RV Sales Help Camping World Overcome Investment Risks?
Camping World Holdings Inc.’s $1.8 billion in debt might seem like too much to bear, but the vision of CEO Marcus Lemonis and the strength of the U.S. RV market should provide the tailwinds the company needs to overcome exorbitant costs and position itself for accelerated growth in 2019.
Brunswick Public Foundation Awards 2018 Grants
The Brunswick Public Foundation, a not-for-profit corporation affiliated with Brunswick Corp., today announced that seven organizations have received a total of nearly $235,000 in charitable grants for 2018.
July Retail Sales Increase 4.9 Percent Over 2017
July retail sales were up 0.4 percent seasonally adjusted from June and increased 4.9 percent unadjusted year-over-year, giving the industry a solid kickoff for the third quarter as consumers continued to spend despite concerns about the growing trade war, the National Retail Federation said Wednesday.
GSM Outdoors Acquires New Archery Products
GSM Outdoors, a multi-brand manufacturer and technology innovator of specialized hunting and shooting products, has acquired New Archery Products (NAP). Terms were not disclosed.
NRF Upgrades 2018 Economic Forecast But Says Tariffs Remain Threat
The National Retail Federation on Monday increased the federation’s retail sales forecast for 2018, saying sales are expected to grow more than previously predicted thanks to tax reform and other positive economic inputs, but warning that tariffs threaten to dampen consumer confidence.
Aisle Talk Week Of August 6
Top headlines from the active lifestyle industry you may have missed this week, including Nike Inc. facing a class-action lawsuit for discrimination.
Firearms Unit Next Divestiture For Vista Outdoor
One month after Vista Outdoor Inc. announced an agreement to sell Bollé, Cébé and Serengeti, the company said firearms should be the next business unit to go—likely before divesting the company’s sports protection brands.
