SGB Update Outdoor
Freedom Munitions To Expand Manufacturing Capacity
Kash CA, Inc., the parent company of Freedom Munitions, broke ground on a new facility intended to expand Freedom’s line of rifle ammunition.
KKR-Led Consortium Acquires Nearly All Of Accell Group Shares
A consortium headed by investment firm KKR has acquired 96.9 percent of Accell Group shares during the post-acceptance period that ended Thursday.
Employees At REI’s Berkeley, CA Store Seek To Unionize
Employees working at REI’s Berkeley, CA store have asked the outdoor retailer to recognize their intent to form a union, according to Berkleyside.org; this comes after employees working at REI’s Manhattan store in March voted to create the first union at the co-op.
RV Retailer Expands Into Michigan With Acquisition Of A&S RV Centers
RV Retailer, LLC (RVR) announced the acquisition of A&S RV Centers with two locations in Auburn Hills and Midland, MI.
Gearhead Outfitters To Relocate Fayetteville Store
Gearhead Outfitters will relocate its Fayetteville store from Dickson Street to 101 North Block Avenue in Fayetteville, NC and is expected to open this fall.
Infinited Fiber Company Plans $420 Million Factory
Finnish recycled fiber company Infinited Fiber plans to build its first commercial-scale Infinna fiber factory at Stora Enso’s Veitsiluoto industrial site in Kemi, Finland’s northernmost region of Lapland. The size of the planned investment is around €400 million ($420 mm).
Laka Receives Funding From Porsche Ventures
E-mobility insurance company Laka has secured funding from Porsche Ventures, bringing its Series A investment to $13.5 million.
Supreme Court Strikes Down New York Gun-Control Law
The Supreme Court of the United States (SCOTUS) struck down a New York State gun-control provision that placed strict restrictions on firearms outside the home.
Smith & Wesson’s Sales Tumble In Fiscal Fourth Quarter
Smith & Wesson Brands Inc. reported sales fell 43.9 percent in the fourth quarter and 18.4 percent in its fiscal year ended April 30. Earnings were also sharply down, reflecting weakening demand for firearms and inflationary pressures on costs.
Matador Travel Equipment Opens New HQ In Boulder, CO
Matador Travel Equipment, the manufacturer of performance travel equipment, opened its new headquarters in Boulder, CO.
Duluth Holdings Appoints Board Member
Duluth Holdings Inc., the parent of Duluth Trading Company, announced the appointment of Susan Riley to its Board of Directors.
JD Sports Outlines Plan To Improve Corporate Governance
J.D. Sports Fashion posted a record annual profit but warned that earnings would remain flat in the current financial year amid inflationary pressures. The retailer also laid out plans to overhaul its corporate governance structure and internal controls after a review led to the exit of long-time boss Peter Cowgill last month.
Blackcrows Names New Global Chief Commercial Officer
Blackcrows, the French freeskiing brand announced that Wanda Rozwadowska would join the company as Global Chief Commercial Officer.
Schoeller Textil Names Western Regional Sales Manager
Schoeller Textil AG announced that Mark Pikaart had joined its North America team as western regional sales manager.
Pivot Cycles Names New President
Pivot Cycles promoted Bryan Mason from global sales manager to president.
