EXEC: January Consumer Confidence Index Highest Since July 2021
The University of Michigan’s preliminary results reported on the overall index of consumer sentiment came in at 78.8 for January, the highest reading since July 2021, compared to 69.7 in December and 64.9 in January 2023.
L.L.Bean Set to Open Eighth New York Store in Spring
The retailer’s first new store of 2024 will open in Kingston, NY, in March/April.
Sig Sauer Expands Operations in United Kingdom
The company tapped Accuracy International Limited to expand its business operations of Sig Sauer in support of the British Armed Forces and law enforcement customers within the UK.
American Pride Outdoors Acquires Half Rack
With this acquisition, American Pride Outdoors said it “aims to expand its offerings and provide a wider range of products to hunters around the world.”
BRP, Inc. Amends, Extends Term Loan Facility
The parent of the Ski-Doo, Sea-Doo and Lynx power sports brands successfully amended and extended a substantial portion of its term loan facility, effectively extending U.S. $1,000 million of debt maturities from 2027 to 2031.
Weber Cooks Up Global AR Facility with KKR
The initial $200 million facility is collateralized by certain accounts receivables of Weber in the U.S. and international markets, with subsequent closes of up to $100 million across European markets expected in the first half of 2024.
Revelyst Appoints Chief HR Officer
The Outdoor Products division of Vista Outdoor, Inc. hired Joyce Butler as chief human relations officer.
Primary Arms Government Hires East Coast Field Sales Manager
Kris Mancha, the new field sales manager for its Eastern U.S. region, was in the U.S. Army Infantry for seven years. More recently, he worked in sales in custom-engineered metal components and tactical gear industries.
Sportsman’s Warehouse Appoints Chief Retail Officer
Craig McNair brings strong leadership experience in the outdoor specialty retail space, having worked in key roles at Academy Sports + Outdoors and Cabela’s, Inc., where he was responsible for large regions of stores.
Rapala VMC Appoints New Regional Sales Manager
Mike Baumgartner got his feet wet in the fishing business by working at Scheels as a fish and hunt sales associate while in college. Later, he joined Pure Fishing as a key account manager.
RV Industry Association Promotes Atkins to VP Finance
Since 2019, Wayne Atkins has directed the day-to-day operations of the Association’s Finance team and managed the financial operation of the business entities across the RVIA, Go RVing, and the RV Technical Institute.
BRP Inc. Merges Powersports and Marine Segments, Appoints New Leadership
The parent of the Ski-Doo, Sea-Doo and Lynx power sports brands has combined its Powersports and Marine organizational structures aiming at maximizing efficiencies and operational excellence, and appointed current execs to new leadership roles.
Alpha Silencer Hires Digital Marketing Specialist
Dylan Rice is expected to help grow Alpha Silencer’s market share through social media, influencer, and website initiatives for the company that makes the lightest, quietest, user-serviceable titanium suppressors on the market.
Target Shuffles the Executive Deck in Legal, Operations and Merchandising
Michael Fiddelke has been named chief operating officer, effective February 4 and Rick Gomez and Jill Sando will split categories on the merchant side. Additionally, Target announced the upcoming retirement of chief legal and compliance officer Don Liu.
Dead Air Silencers Hires Senior Director of Product Development
Benjamin Bachmeier, a firearms industry veteran and former captain in the U.S. Army National Guard, has close to two decades of experience in the firearms, defense and aerospace industries in engineering, management, and leadership positions.
