The Conservation Alliance Expands Focus into Fishing and Fly Fishing
While TCA and its new members have shared conservation values for decades, this new partnership is expected to open a realm of opportunity. As TCA continues to expand its program work, collaborating with the fly-fishing community will support additional efforts to protect North America’s waterways.
American Outdoor Brands Posts Solid Q4 Growth on New Products, Expansion into Retail
Overall growth was said to be supported by new product launches across a number of AOUT brands including Bubba, Caldwell, Grilla, and Hooyman, driving 6.9 percent growth in the outdoor lifestyle category and 3.2 percent growth in the shooting sports category.
American Sportfishing Association Fills Out Board of Directors
Casey Shedd and Bruce Stanton were re-elected to the Board of Directors and Jeff Kolodzinski and Dan Pastore were elected to to their first terms on the Board.
EXEC: Wall Street Debates Shareholder Approval for Vista Outdoor’s CSG Deal
Wall Street analysts appear split on whether Vista Outdoor’s sale of its Kinetic ammunition business to Czechoslovak Group a.s. will now go through after receiving long-awaited regulatory approval or whether a higher bid from MNC Capital for the entire business and a potential DOJ investigation could derail the deal.
Vista Outdoor Again Postpones Shareholder Vote on CSG Transaction
Vista Outdoor, Inc. announced Thursday morning that it will adjourn the special meeting of stockholders that had been scheduled for July 2 to July 23 to vote on the sale of its ammunition business, The Kinetic Group, to Prague-based Czechoslovak Group a.s. (CSG) to explore an upgraded bid for the higher company by MNC Capital.
Smith & Wesson Must Comply With Subpoena In Deceptive Ad Probe
The company said in a previous filing that the suit sought to “suppress and punish lawful speech regarding gun ownership in order to advance an anti-Second Amendment agenda.”
EXEC: MNC Capital Raises Bid For Vista Outdoor For Third Time
MNC Capital, on Wednesday morning, June 26, increased its all-cash offer to outright acquire Vista to $42 per share, or about $3.2 billion. The enhanced offer follows Vista’s news that it received government clearance for the proposed sale of its ammunition business, The Kinetic Group, to Prague-based Czechoslovak Group a.s. (CSG).
Report: RV Shipments for May Show Moderate Increase Over 2023
Towable RVs, led by conventional travel trailers, ended the month up 13.5 percent from last May with 30,177 shipments. Motorhomes finished the month down 31.2 percent, compared to the same month last year with 2,973 units.
EXEC: Vista Outdoor Secures U.S. Government Approval for Ammo Business Sale to CSG
Vista Outdoor, Inc. reported late afternoon on June 25 that it had received regulatory approval from an interagency committee of the U.S. government for the proposed sale of its ammunition business, The Kinetic Group, to Prague-based Czechoslovak Group a.s. (CSG).
L.L.Bean to Expand Store Count in 2024 Underscoring Omnichannel Growth Strategy
L.L.Bean reported it will open four new retail stores in 2024, including its first store in Indiana. The other locations include Ulster, NY; Mechanicsburg, PA; Enfield, CT; and Indianapolis, IN.
Amazon’s Annual Prime Day Returns in July
Over the course of last year, Amazon customers saved nearly $24 billion from deals and coupons—with Prime members enjoying the vast majority of those savings—including over $2.5 billion during Prime Day 2023,
UK Retail Sales Rebound in May
Retail sales in the United Kingdom rose 2.9 percent in May, up from a revised 1.8 percent fall in April, the Office for National Statistics said.
Target Corporation Shifts Senior Merchant and Marketing Roles
Christina Hennington, currently chief growth officer, has been named chief strategy and growth officer, Rick Gomez has been appointed chief commercial officer, and Lisa Roath, current CMO, will take on the role of chief merchandising officer of food, essentials and beauty,
CSG Again Increases Purchase Price for Vista Outdoor’s Ammo Business
Vista Outdoor, Inc. announced that Czechoslovak Group (CSG) had increased its bid for The Kinetic Group, Vista Outdoor’s ammunition business, by $40 million from $1.96 billion to $2 billion. The higher offer comes as Institutional Shareholder Services (ISS) last week called on Vista Outdoor shareholders to abstain from voting to approve the sale.
Skeeter Boats Appoints New General Manager
John Clark was the assistant GM, and his responsibilities included managing daily operations, staff, facilities, and Skeeter’s long-term vision. He joined the company in 2006.
