SGB Update Outdoor
MarineMax to be Acquired by Blackstone-Backed Safe Harbor in $1.5B Deal
MarineMax entered into a definitive agreement to be acquired by Safe Harbor, a marina and superyacht service business owned by private-equity giant Blackstone. Safe Harbor will acquire all issued and outstanding shares of common stock of MarineMax for $53.00 per share in cash, representing an enterprise value of approximately $1.5 billion.
Worldly Appoints SVP of Growth
Sustainability data and analytics solutions provider Léyoh Goodall has hired Kathryn Smith as SVP of growth. Goodall will “lead the alignment of Worldly’s commercial and customer teams around a single outcome.”
Boa, Primaloft and Velocity OD Each Post DD Growth for CODI in Q2; 5.11 Dips
Compass Diversified,Inc., saw revenue growth in the double-digits in the second quarter across its active-lifestyle businesses, including Boa, Primaloft, 5.11 and Velocity Outdoor. Overall profitability also saw a strong uptick, although overall sales fell due to weakness in its industrial businesses.
GoPro’s Q2 Sales Slump 31 Percent on Hardware Declines
GoPro, Inc. reported a steeper loss on an adjusted basis in the second quarter ended June 30 as revenues fell 31 percent. GoPro was able to deliver 11 percent growth in subscription and service revenue.
RefrigiWear Announces CEO Transition
RefrigiWear, a provider of workwear for subzero environments, appointed Jim Dugan as CEO. He replaces Ryan Silberman, who will remain on the company’s board of directors.
NRF: Retailers ‘Well Stocked’ with Early Orders Placed Ahead of New Tariffs
Retailers ordered goods earlier than typical this year to avoid new tariffs that went into effect on July 24, leading to an early peak season for import cargo, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates. Import volume at the nation’s major container ports is expected to remain high this month before starting to decline for the remainder of 2026.
July CNBC/NRF Retail Monitor Report Shows Retail Sales Climb for 10th Consecutive Month
Retail sales rose again in July, marking the 10th consecutive month of gains, according to the CNBC/NRF Retail Monitor released by the National Retail Federation. Sales grew 8.3 percent year-over-year at general merchandise stores and 6.6 percent at clothing and accessories stores while declining 3.3 percent at sporting goods, hobby, music and book stores.
JanSport Opens First Global Flagship Store in Seoul
JanSport, which is owned by VF Corp., announced the opening of its first global flagship store. The store is located in Seongsu neighborhood in Seoul, South Korea. The two-level store, located at 3 Seoulsup 9-gil, Seongdong-gu, Seoul, covers approximately 2,130 square feet and features the brands new apparel range, along with an expandeed backpack selections.
American Outdoor Brands Appoints Board Member
American Outdoor Brands, Inc. has appointed Kevin Leary, chief executive officer of Hallador Investment Advisors, to its Board of Directors. Leary will serve as an independent director and has been appointed to the Board’s Compensation Committee and Nominations and Corporate Governance Committee.
Fox Factory Boosts FY Outlook After Beating Q2 Guidance – Excluding Tariff Upside
Earnings in the second quarter topped guidance, even excluding the benefit of IEEPA tariff refunds. Sales were down but at the higher end of guidance with “signs of stabilization” within the powersports, bike, and aftermarket channels.
Black Diamond Delivers for Clarus in Q2; Tariff Refunds Used in Swing to Profit
The parent company’s earnings recovered In the second quarter due to tariff refunds, but sales also topped guidance. Black Diamond delivered improved revenue, margin and EBITDA, due to a focus on full-price selling. Sales in the Adventure segment were down but generated a strong uptick in gross margins.
Traeger’s Q2 Sales Slump 17 Percent, Trims FY Sales Outlook
Traeger, Inc. reported sales slumped 17 percent in the second quarter and slightly lowered its sales outlook for the year due to soft sales in its meat thermometers business.
Ridge Taps Brian White to Lead Global Wholesale Expansion
In his new role, White is expected to “focus on expanding Ridge’s global retail footprint, strengthening strategic account partnerships and creating a wholesale experience that reflects the same clarity, performance and product obsession that define the brand.”
Dynastar/Lange Names New Sales Rep for Colorado as Ed Green Retires
Jamie Urbana will assume sales and service responsibilities for the Colorado territory following Ed Green’s retirement, effective January 1, 2027.
Former Sport Chalet CEO Craig Levra Joins Nonprofit Pride Industries as CEO
Craig Levra, the former chairperson and CEO of Sport Chalet, has been named president and CEO Pride Industries, a nonprofit with a mission of of creating jobs for people with disabilities.
