SGB Sportsmans

Vista Outdoor Announces Leadership Transition

Vista Outdoor Inc. announced today that chairman and CEO Mark DeYoung is retiring from the company and the board of directors, effective immediately. Michael Callahan, Vista Outdoor’s lead independent director, has been named interim chairman and CEO.

Cherokee Shares Tumble On Q1 Loss, Covenant Violation

Shares of Cherokee Global Brands were trading down $2.85, or 37 percent, to $4.90 in mid-day trading Friday after the company reported a surprise first-quarter loss and said it was seeking amendments to comply with certain covenants in its credit facility.

Smith & Wesson Corp. To Acquire Gemtech

American Outdoor Brands Corporation announced that its firearms business, Smith & Wesson Corp., has agreed to acquire substantially all of the assets of Gemini Technologies, Inc., a provider of suppressors and accessories for the consumer, law enforcement, and military markets.

Nikwax NA Appoints President

After three productive years leading Nikwax North America, Rick Meade has announced he is leaving to seek new challenges and growth opportunities. Brian Davidson, current director of sales for Nikwax, has been named president, and Heidi Allen, current marketing director, has been promoted to VP of marketing.