SGB Update Outdoor

Authentic Brands Group Makes Binding Offer To Acquire Boardriders

Authentic Brands Group reported it entered a period of exclusivity and made a binding offer to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. Boardrider is owned and managed by Oaktree Capital Management, L.P. Terms were not disclosed.

NRF Forecasts Mid-Single-Digit Retail Sales Growth In 2023

The National Retail Federation issued its annual forecast today, anticipating that retail sales will grow between 4 percent and 6 percent in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion in 2023.

RecNation Acquires First RV Storage Facility in Nashville Market

RecNation Storage has acquired its first premier recreational storage facility in Nashville, TN. The company said it is the first institutional grade specialized storage company created to serve the growing need for recreational vehicle storage

Helinox Opens Second Creative Center In Busan, South Korea

Helinox, the manufacturer of lightweight, portable furniture for outdoor use, recently opened its second multi-story Helinox Creative Center Busan (HCC Busan). Busan is the second largest city in South Korea know for urban design and outdoor escapes.

Dick’s SG To Open Store In Minnesota’s Rosedale Center

Dick’s Sporting Goods is opening an 80,000-square-foot store at Minnesota’s Rosedale Center. Poag Development Group, overseeing the construction of the store, formerly occupied by a Herberger, reported the news in a press release.