SGB Update Outdoor

Fox Racing Opens Store In Bentonville

Fox Racing opened a store in Bentonville, AR, on May 26, near Slaughter Pen Trails or Coler Mountain Bike Park, marking its ninth store.

Survey: Americans Looking To Outdoors And Road Trips In 2023

As Americans make summer travel and recreation plans, they are increasingly looking to the outdoors and road trips to improve mental well-being and to combat the rising costs of flights, lodging and car rentals according to a new consumer survey from Winnebago Industries, Inc.

Under Armour Founder Sells $100 Million Stake To Merchant Bank Affiliate

Under Armour, Inc. reported that company Founder, Executive Chair and Brand Chief Kevin Plank slightly reduced his stake in the company, selling shares valued at approximately $100 million to funds managed by BDT Capital Partners. Plank said the sale is related to personal financing commitments.

Patagonia Sues Nordstrom Over Counterfeits

Patagonia filed a trademark infringement lawsuit in California against Nordstrom, accusing the company’s Nordstrom Rack chain is selling “thousands” of “obvious counterfeits” after their partnership ended and then refusing a recall on the products.

Bass Pro’s Parent’s Debt Ratings Upgraded By S&P

S&P Global Ratings raised its debt ratings on Great Outdoors Group, LLC due to the parent of Bass Pro and Cabela’s “consistent improvements in its sales and profitability” and improving debt leverage.

Hestra North America Hires Sales And Marketing Director

Hestra hired Tim Hevers as director of sales and marketing for North America. Hevers comes to Hestra with 20-plus years of experience in the outdoor industry, including Sports Authority and, most recently, Vail Resorts.