SGB Update Outdoor

Inov-8 Appoints New CEO

Inov-8 announced that Mike Snell would join the company as its new CEO in October 2022. Snell will leave his current role as commercial director for supermarket chain Asda in September 2022 before joining the UK-founded and headquartered brand.

Florence Marine X Announces New GM, Hawaii

Florence Marine X, an outdoor apparel company co-founded by two-time world champion surfer and Olympian John John Florence, announced that it had named Joel Centeio as GM, Hawaii.

Obit: Luxottica Founder Dies At 87

Leonardo Del Vecchio, the chairman of eyewear giant EssilorLuxottica and founder of Luxottica, has passed away at the age of 87.

Anon Appoints General Manager

Anon, a maker of ski and snowboard helmets, goggles and sunglasses owned by Burton, has named Mark Wakeling as general manager.

USWE Sports AB Acquires Giant Loop

USWE Sports AB, a publicly traded backpack company based in Malmö, Sweden, has acquired Bend, OR-based Giant Loop LLC, a powersports brand known for its innovative off-road motorcycle soft luggage designs. The transaction is scheduled to close on July 1.

Camber Outdoors Names CEO 

Camber Outdoors announced that they hired Tiffany Smith as CEO. Most recently, she was the chief development officer for the organization. Smith steps into the new role effective immediately.

Compass Diversified Joins Russell 2000 And 3000 Indexes

Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.