Bipartisan Group Of Senators Introduce The Modern Fish Act
The Modern Fish Act addresses challenges faced by recreational anglers, including allowing alternative management tools for recreational fishing, reexamining fisheries allocations, rebuilding fish stocks and improving recreational data collection.
Grundéns Hires David Mellon As CEO
Grundéns, producer of foul weather gear, today announced the hiring of David Mellon as CEO.
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.
ScentLok Technologies Purchases Robinson Outdoor Products
ScentLok Technologies, a leading manufacturer of scent-controlling products, announced its acquisition of Robinson Outdoor Products.
Aisle Talk, Week Of July 3
Top headlines from the active lifestyle industry you may have missed this week.
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.
Bass Pro/Cabela’s Merger Gains FTC Approval
In a regulatory on Wednesday, Cabela’s said the Federal Trade Commission informed the company on July 2 that it had closed its investigation of Bass Pro’s $5 billion buyout.
Simms Fishing Gains Minority Investment
Simms Fishing Products, headquartered in Bozeman, MT, has secured a minority investment from Castanea Partners. Terms of the transaction were not disclosed.
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.
Cabela’s/Bass Pro Deal Secures Antitrust Clearance
Bass Pro Shops acquisition of Cabela’s received the go-ahead from antitrust regulators.
Simms Fishing Secures Investment
Castanea Partners announced that it has made an investment in Simms Fishing Products, headquartered in Bozeman, MT.
Camping World Finalizes Gander Mountain Store List
Camping World Holdings Inc. on Friday revealed the 57 Gander Outdoors and Overton’s brand locations it plans to keep as part of its acquisition of Gander Mountain, which filed for bankruptcy in March.
Sturm, Ruger Appoints SVP Of Operations
Sturm, Ruger & Company Inc. announced the promotion of Thomas P. Sullivan to senior vice president of operations. In his new role, Sullivan will be responsible for all of the manufacturing, engineering and product development activities of the company.
Aisle Talk, Week Of June 26
Top headlines from the active lifestyle industry you may have missed this week.
