SGB Update Outdoor

BRP Reports Departure of Board Director

Board member Estelle Métayer had tendered her resignation as a company director, effective October 9, 2024, citing personal reasons. She has served on the Board since 2014.

Nordstrom to Open Rack Store North of Dallas

The 26,000-square-foot store will be located at The Gates of Prosper, a shopping center that includes Target, Sephora, and HomeGoods, owned and operated by Blue Start Land.

Ted Ligety Joins DPS Skis and PHANTOM Glide Product Teams (COPY)

A member of the U.S. Ski Team for 18 seasons, Ligety has 25 World Cup wins under his belt and is regarded as one of the best giant slalom skiers in ski racing history. Ligety will help develop the DPS and Phantom Glide product lines, working with Senior VP Thomas Laakso and DPS Founder Peter Turner.

Bain Forecasts Record Black Friday/Cyber Monday Sales

U.S. retail sales over Black Friday – Cyber Monday (BFCM) weekend may set a new record, surpassing $75 billion in sales, according to a forecast from Bain & Company. The weekend is expected to deliver year-over-year growth of around 5 percent, outpacing Bain’s overall holiday sales growth forecast of 3 percent for the entire holiday season.

Ski Kare Has New Owners

Ski Kare, LLC, the largest distributor of Vola Racing Waxes in the United States, was acquired by Kyle and Rachel Kucin. Gifford Hoback, the former owner, will continue to work for the company in a consulting and manufacturing capacity.

Accell Group Undergoes Debt Restructuring

Backed by Kohlberg Kravis Roberts & Co (KKR), Accell Group agreed to a restructuring that writes off 40 percent of its debt and will see its liabilities at the operating group level cut to €800 million ($881 million) from €1.4 billion, with maturities extended through to 2030.

Paka Expands Senior Leadership to Fuel Brand Growth

The Peru-based sustainable apparel brand hired Christian Castellani as director of wholesale sales, Matt Etzler as senior director of e-commerce, Erika Marsh as senior director of supply chain and operations, and Megan Krajco as design director. Paris Karstedt was promoted to director of brand and marketing.

NuOrder by Lightspeed Appoints New Head of Revenue

Chris Akrimi, most recently, was the CEO of The Layer, a tech company that “transforms commerce data through AI. ” There, he focused on positioning the company at the “forefront of AI-driven product data management.”