SGB Sportsmans

Black Diamond Parent Selling Ammo Business in $175 Million Deal

Clarus Corp. entered into a definitive purchase and sale agreement to sell its Precision Sport segment, comprised of Sierra Bullets and Barnes Bullets, to a U.S.-based non-strategic buyer not affiliated with the company or any of its officers or members of its board of directors.

SGB 2023 Year In Review: Executive Shuffle

New CEOs at Academy Sports, Adidas, Asics, Gap, Kohl’s, Levi’s, Sportsman’s Warehouse, VF Corp., Vista Outdoor, and Wolverine Worldwide headlined the C-suite moves that transformed leadership across the active lifestyle space in 2023.

Report: Merchandise Returns Reach 14.5 Percent in 2023

According to the report released by the National Retail Federation and Appriss Retail, for every $1 billion in sales, the average retailer reportedly incurs $145 million in merchandise returns. Online sales do see a higher return rate, at 17.6 percent.

Happy Holidays From SGB Media

In observance of the Christmas holiday, SGB Media is taking time to be with family and will not publish the SGB Updates on December 25. Publishing will resume on December 26 with one Update newsletter daily through December 29. 

Yeti Expands Board of Directors with Two New Additions

Rob Katz has acted as the executive chairperson of the Board at Vail Resorts, Inc. since 2021 after serving as CEO from 2006 to 2021. Beth Axelrod reportedly brings over 20 years of strategic human resources leadership and management development expertise to the Yeti Board.