SGB Update Outdoor

Clarus Issues Statement On Recent Stock Volatility

Clarus Corporation released a statement acknowledging the recent market volatility in the trading of shares of its common stock and related derivatives as well as the unauthorized purchases of common stock by Parallax Volatility Advisers.

Rapala Warns Of Profit Drop As Fishing Market Softens

Rapala VMC Corp., the manufacturer of fishing lures and other fishing-related products based in Helsinki, updated its full outlook for the year and now expects operating profits to decline “significantly below” previous year levels.

VF Corp. Undergoes Layoffs

VF Corp. announced Tuesday in an internal e-mail that it has eliminated about 600 office-based positions at the company, including 300 current workers and 300 open positions, according to the Denver Business Journal.

Patagonia Executive Leads Eileen Fisher

Eileen Fisher, the women’s apparel brand, hired Lisa Williams, the former chief product officer at Patagonia, as CEO, replacing founder Eileen Fisher.

Boating Season Expected To Extend Into Fall 2022

According to an online survey of Boat Owners Association of The United States (BoatUS) members across the U.S., 65 percent said they plan to go boating this Labor Day weekend. Almost 80 percent of respondents said they welcome lower gas prices and plan to extend their boating season into the fall.

W.C. Russell Moccasin Company Sold

The W.C. Russell Moccasin Company, the maker of boots for hiking, hunting, and outdoor sports based in Berlin, WI, was purchased by Luke Kolbie, founder of Kingfisher Leatherworks, and Joe Julian, president and owner of Julian & Sons. Terms were not disclosed.

D3O Hires SVP, Marketing

D3O, the impact protection brand based in Huntington Beach, CA, hired Kevin Franks as SVP, marketing, North America.