Locally Closes Series A Round of Financing to Fuel Growth
Locally said it will use the funding from Corbel Capital Partners and Valency Capital to grow its team, expand into adjacent industries and raise its visibility with consumers, brands and retailers.
Legendary Innovator Gert Boyle: Spanning Generations
The First Lady of Innovation was more than an industry icon and philanthropist. She was a model for the power of the pioneering spirit—venturing into the unknown with vision and determination and leading by example for others to follow.
Thor Industries Shares Fall After Company Cuts Outlook on Weak N.A. Backlog
North American Towable RV net sales were down 11.9 percent for the fiscal second quarter and North American Motorized RV net sales decreased 22.8 percent, while European RV net sales increased 20.9 percent for the period.
NRF Economist Says Inflation and Interest Rates Remain Key to Economy
The NRF’s monthly review indicated that January’s 3.1 percent year-over-year (YoY) inflation, as measured by the Consumer Price Index, improved from December’s 3.4 percent but “still a considerable distance” from the Fed’s target of 2 percent.
Pard Optics Taps Zanders Sporting Goods as Distributor
Pard USA, headquartered in Reno, NV, entered the U.S. shooting sports marketplace after five consecutive years of double-digit growth in Europe.
NSSF: February Adjusted NICS Background Check Data Flat Year-Over-Year
For comparison, the unadjusted February 2024 FBI NICS figure of 2,336,390 reflects a 6.6 percent decrease from the unadjusted FBI NICS figure of 2,502,385 in February 2023.
Target Corp. Beats on Q4 Earnings Estimates but Sales Fall Short
Sales fell short of expectations in Q4 on a tough holiday selling period, but earnings beat estimates as the retailer posted GAAP and Adjusted EPS of $2.98, compared with $1.89 in Q4 2022. Analysts were reportedly looking for $2.42 a share.
Vigilant Gear Appoints New Company President
Ben Fleming joins Vigilant Gear, the parent company of Primary Weapons Systems and Lone Wolf Arms, as president. Fleming is an industry veteran with years of experience and passion for the shooting sports industry.
MasterCraft Appoints New CEO and Chair as Fred Brightbill Exits
Brad Nelson will become the company’s new CEO and be appointed to its Board of Directors, effective March 18. Nelson succeeds Fred Brightbill who is retiring as CEO on March 18.
EXEC: Vista Outdoor Board Rejects MNC Capital Acquisition Overture
The Vista Outdoor Board said in a Monday release that it continues to recommend the acquisition of the Sporting Products business by Czechoslovak Group a.s. and remains committed to the strategy of standing up the Outdoor Products business as a standalone public company.
BPI Outdoors Promotes Dakota Russell to VP of Sales
As VP of Sales for its Bergara Division, Dakota Russell is responsible for managing four independent sales agencies and 40 sales reps.
EXEC: Vista Outdoor Fields $2.9 Bn Offer to Acquire Company in All-Cash Deal
The unsolicited indication of interest from MNC Capital Partners in acquiring the parent of the Camelback, Bell, Giro, Simms, Bushnell brands, and the Remington and Federal ammunition businesses in an all-cash transaction for $35.00 per Vista share.
EXEC: Yeti’s New Head of Softgoods Talks Next Steps with Mystery Ranch
Layne Rigney said he is spending most of his time in Bozeman, MT, the home of Mystery Ranch, as he thoroughly assesses the business and how it will integrate with the broader Yeti softgoods business.
Foundation Outdoor Group Makes Two Key Appointments
The company promoted Hunter McKamey to vice president, reporting to company President and COO Brook Oliva and added Rafael Llaneras to the sales organization covering southern Europe from his home base in Majorca, Spain.
St. Croix Rod Has Eyes On the Rockies and PNW with New Sales Agency Hire
The company has tapped HM Outdoors to represent the company’s fly fishing brand and products in the Northern Rocky-Mountain and Pacific Northwest states of Idaho, Montana, Wyoming, Oregon, Washington, and Alaska.
