Aisle Talk, Week Of October 3
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 3
The leading figures from this week’s news in the active lifestyle space.
Hydro Flask Props Up Parent
Sales of Hydro Flask grew 36.8 percent to $29.1 million in the fiscal second quarter ended August 31, helping to prop up sales and profits at Helen of Troy Limited.
Defense Contractor Partners With Abom Inc.
ADS Inc. will distribute Abom’s patented heated lens technology, which prevents fogging of eyewear, to US Special Forces, law enforcement and other tactical markets.
How High Are The Integration Risks For Bass Pro/Cabela’s?
Moody’s Investors Service placed the debt ratings of Bass Pro under review for a possible downgrade after expected higher debt levels from its planned acquisition of Cabela’s and other integration risks.
ACK Preserves Top Customer Service Rating
Austin Canoe and Kayak made Bizrate’s Platinum Circle of Excellence for the second year in row after scoring significantly higher than 3,500 other retailers.
Rendle’s Rise To VF Corp. CEO Emblematic Of Company’s Outdoor Push
The company’s 2011 five-year plan, heavily focused on the outdoor business, set the stage for Steve Rendle’s ascension to the top. Can that focus continue to breed success?
PwC Issues Bullish Holiday Shopping Forecast
The global accounting and consulting firm is forecasting holiday spending will surge 10 percent beyond year-ago levels thanks to a 25-percent jump in online sales.
Newell Says So Long To Winter
Newell Brands Inc. officially put its winter sports brands up for sale, along with a few other active-lifestyle brands. Find out who’s going and who’s staying.
Legacy Sports Names Western U.S. Sales Agency
Mountain States Sports Marketing, a sales rep agency specializing in shooting sports products, will represent the firearms importer across the Western U.S.
Bass Pro And Cabela’s Create Hunting Giant
Already dominant players separately in the hunt & fish space, the merger between Bass Pro Shops and Cabela’s will easily create the industry’s retail leader in the category, nearly doubling in size.
Sportfishing Association Supports Everglades Stewardship
The American Sportfishing Association contributed $10,000 to the South Florida National Parks Trust’s Florida Bay Stewardship Fund.
Zeiss Celebrates Founder’s 200th Birthday
The German sports optics manufacturer is also sponsoring the establishment of a German Optical Museum in Jena, with the support of partners from industry, science and the city of Jena.
National Park Visits Dip In September
Backcountry and overall visits to the National Park Service remain up through the first nine months of the year despite dipping in September.
Bass Pro Agrees To Acquire Cabela’s
Bass Pro Shops has agreed to acquire Cabela’s Incorporated (CAB) for approximately $5.5 billion in a deal that calls for Cabela’s to sell its wholly owned bank but live on as its own brand. Bass Pro Shops Founder and CEO Johnny Morris would retain his role and be majority owner of the combined and privately held company.
