SGB Update Outdoor
Burberry To Acquire Technical Outerwear Factory
Burberry announced plans to acquire a specialist technical outerwear factory from Pattern SpA, a longtime supplier whose business activities include engineering and production of luxury garments. The purchase price is €21 million ($23 mm).
Oofos Sees 82 Percent Year-Over-Year Sales Growth; Completes New Funding Round
Oofos reported it completed a growth investment round of funding led by Derek Carr, quarterback of the New Orleans Saints, retired NFL quarterback Alex Smith and women’s college basketball coach Dawn Staley.
Leatt Corp.’s Revenues Fall In Fourth Quarter
Leatt Corp. reported sales fell 53 percent in the fourth quarter against difficult year-ago comparisons while sales for the year rose 5 percent.
Survey Says Consumer Interest In Sustainable Products/Practices Remains High
According to a survey of more than 1,000 U.S. consumers conducted by supply chain technology company Blue Yonder, nearly half of all respondents reported increased interest in eco-conscious habits over the past year; however, they remain wary of corporate sustainability claims.
Brunswick Corp. Sees Strong Showing For Boat Brands At Recent Show
Brunswick Corporation reported that its boat brands finished off at the Palm Beach International Boat show with record outboard market share and increased boat sales.
Winnebago To Acquire Lithium-Ion Battery Solutions Provider
Winnebago Industries, Inc. has agreed to acquire Lithionics Battery, a lithium-ion battery provider, to the recreational equipment and specialty vehicle markets. The terms of the deal were not disclosed.
The Pro’s Closet Rebrands As TPC
The Pro’s Closet, the certified pre-owned bike dealer, rebranded as TPC.
Long-Time Outdoor Cap Rep To Retire
On March 31, Lisa Hawkins, Outdoor Caps outside sales rep for Idaho and Oregan will retire. Randy Snyder, who represents the brand in Alaska, Montana and Washington, will assume her role in those states.
Bote Opens New Flagship Store In Fort Lauderdale
Bote opened a retail location in Fort Lauderdale, FL, with an exterior that features the brand’s black-and-white flagship design.
Aeroe Names Global Sales Director
Aeroe, the maker of bike racks, hired Andrew Inman as global sales director. The New Zealand-based brand reported expanding its North American distribution and retailer network.
Revo Brands Hires Chief Revenue Officer
Revo Brands, the parent company of Real Avid and Outdoor Edge Cutlery, hired Kenan Ikels as chief revenue officer. In this role, Ikels leads sales for Revo Brands with responsibility for the company’s top-line revenue growth.
Camping World To Acquire Utah RV Retailer
Camping World Holdings, Inc. agreed to acquire Utah-based Carbon Emery RV, which includes two dealerships located along US Route 6 between Provo and Interstate 70.
Yeti Eliminates SVP Of Sales Position
Yeti Holdings, Inc. reported a realignment of its commercial and sales organization, which included, among other things, eliminating the senior vice president of sales position. As a result, Yeti terminated the employment of Kirk Zambetti, who had worked in the role since 2016.
Time Bicycles To Open U.S. Manufacturing Plant In Upstate SC
French carbon fiber bike manufacturer Time Bicycles may have to change one of its core tag lines, “Designed and Made in Europe,” after reporting it will open a new manufacturing facility in Spartanburg, SC.
Black Diamond Voluntarily Recalls Recon LT Avalanche Transceiver
Black Diamond Equipment issued a voluntary recall for its Recon LT avalanche transceiver to update the required firmware.
