SGB Update Outdoor
Winnebago’s Quarterly Revenues Jump 52 Percent
Winnebago Industries reported a sharp increase in profits in the fiscal third quarter ended May 28 as sales expanded 52 percent.
Iowa’s Uptown Sporting Goods To Close
Uptown Sporting Goods in Carroll, IA is closing later this summer as its owners plan to retire, according to a report from Carroll Times Herald.
PeopleForBikes Ranks Best Places to Bike In The U.S.
For the sixth consecutive year, PeopleForBikes, in partnership with Trek Bicycle, published its ranking of the best cities in the U.S. to cycle. Of the 1,058 cities ranked, the top three for 2022 are Provincetown, MA; Davis, CA; and Fayette, MO.
Amazon Appoints New CEO Of Retail Business
Amazon.com, Inc. has named longtime executive Doug Herrington as CEO of its worldwide Amazon store business, formerly Consumer, succeeding Dave Clark, who recently stepped down.
Sports Specialists Ltd. Names Interim President
Sports Specialists Ltd. appointed Tyler Lockard as interim president.
Miracle Miles Group Closes $100M Series Funding
Miracle Miles Group, Inc., which owns the Dream Pairs, Bruno Marc and Nortiv8 footwear brands, announced that it has closed a $100 million Series A funding.
Mondelēz To Acquire Clif Bar
Mondelēz International Inc. has agreed to acquire Clif Bar & Company for $2.9 billion with additional contingent earnout consideration.
Target Brings Back Deal Days
Target announced that its annual Deal Days event is back for the fourth year in a row running from July 11-13. The three-day event begins the day before Amazon’s Prime Day deals kick-off, and both events end simultaneously.
Liberated Brands Acquires Captain Fin
Liberated Brands, the master licensee for Volcom and Spyder, announced it officially closed on acquiring Captain Fin Co., the surf brand.
Project Bike Tech Names Director Of Operations
Project Bike Tech, the high school bike education program, named Mike Lowe as director of operations. Lowe has worked been working as a contractor for the company.
Mystery Ranch Opens Supply Chain Office In Vietnam
Mystery Ranch announced it opened a reps office in Ho Chi Minh City, Vietnam, to support the company’s growth. HW Hwang is the office director.
Thor Industries’ Debt Ratings Upgraded
S&P Global Ratings today raised the issue-level rating on Thor Industries Inc.’s senior secured term loan to ‘BBB-‘ from ‘BB+’ and revised the recovery rating on this debt to ‘1’ from ‘2’. The upgrade follows Thor’s term loan debt repayments totaling about $265 million.
Upway Raises $25 Million In Funding
Upway, a Paris-based company that sells reconditioned electric bikes, has raised $25 million (£20m) led by investors Exor Seeds and Sequoia Capital.
Dead Air Silencers Appoints VP, Sales And Marketing
Dead Air Silencers, based in Kamas, UT, has appointed John Piscione as vice president of sales and marketing.
BlackStrap Appoints VP Of Brand Management And Brand Director
BlackStrap, the manufacturer of face gear, base layers and accessories for winter sports, anglers and outdoor recreationists, has promoted Jim Sanco to vice president of brand and marketing and hired Randy Torcom as brand director.
