SGB Update Outdoor
Mastercard SpendingPulse Forecasts 7.5 Percent Growth For U.S. Back-To-School Sales
Mastercard SpendingPulse forecasted that U.S. retail sales would grow 7.5 percent year-over-year from mid-July through the Labor Day back-to-school buying period. It anticipates that sales will be up 18.3 percent compared to the pre-pandemic 2019 selling season, with department stores a noteworthy winner as the retail sector continues its recent rebound.
Winmark Announces Addition Of Play It Again Sports Franchised Locations
Winmark Corporation announced that it has signed franchise agreements to add an additional eleven Play It Again Sports locations to its existing base of 272 stores across North America.
Winchester Parent Scores Moody’s Upgrade
Moody’s Investors Service upgraded Olin Corporation’s Corporate Family Rating (CFR) and the ratings on its senior unsecured debt to Ba1 from Ba2.
Karl’s Fishing & Outdoors Opens First Retail Store
Karl’s Fishing & Outdoors, owned by Chicago-based Catch Co., announced opening its first brick-and-mortar store at 1621 River Run in Fort Worth, TX.
AGM Hires Director Of Brand Development
AGM Global Vision, a manufacturer and importer of advanced thermal imaging and night vision systems, announced it hired Chase Stephens as director of brand development.
American Outdoor Brands Appoints VP, Human Resources
American Outdoor Brands, Inc. announced that Arturo Del Rio had joined the company as vice president of human resources and chief people officer.
Camping World Acquires Anthem RV In Arizona
Camping World Holdings, Inc. announced an agreement to acquire the operating dealership Anthem RV located in New River, AZ, as well as a new site to be built in Surprise, AZ, both of which will serve the greater Phoenix area.
RapalaVMC Appoints Product Manager
RapalaVMC said Kyle Wood has joined the fishing tackle company as product manager. He was formerly senior manager of digital production at Major League Fishing (MLF).
Oberalp Group Makes Hires And Promotions
The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country and Evolv, has hired Phil Hoffman as sales manager, appointed Mike Sohasky as key account sales manager, and promoted Steve Goddard, Michael Casarrubia, and Eric Poore to new roles within the company.
Powdr Corp.’s Debt Ratings Upgraded Following Strong Ski Season
S&P Global Ratings raised its debt ratings on Powdr Corp. as skier visitations exceeded S&P’s forecast during the 2021/2022 ski season, resulting in revenue, EBITDA, and adjusted leverage that has outperformed S&P’s previous base case.
Emerald Plans Outdoor Adventure X Show
Emerald Expositions, the parent of the Outdoor Retailer show, will debut The Outdoor Adventure X show next June at the Snowbasin Resort in Huntsville, UT.
KKR Consortium Makes Offer For Accell Unconditional
A consortium led by buyout firm KKR has offered to buy Accell Group unconditionally. The offer values the parent of Sparta, Batavus and Raleigh at €1.56 billion ($1.66 bn).
Full Stack Supply Acquires Snowboard Brand United Shapes
Full Stack Supply Co. (FSSC) announced the acquisition of the United Shapes brand from Chiller USA Outfitters.
REI Domestic Trip Offerings Experience Robust Growth
REI Co-op announced that its adventure trips have expanded to include domestic multiday excursions, guided day tours, rentals, and adventure center locations, and its experience offerings grew more than 60 percent in the last 12 months.
AGM Hires Director Of Marketing
AGM Global Vision, a manufacturer of advanced thermal imaging and night vision systems for hunting, announced it hired Randy Carothers as its marketing director.
