SGB Update Outdoor
The Pro’s Closet Adds Two Leadership Hires
The Pro’s Closet, the online seller of used bikes, announced that Kaitlin Cameron has joined the company as its new chief marketing officer and Paul Calandrella as its vice president of strategic initiatives.
Vista Outdoor’s Debt Ratings Upgraded
S&P Global Ratings upgraded Vista Outdoor Inc.’s debt ratings. The rating agency said Vista Outdoor’s operating performance through December 2021 was stronger than originally projected due to robust demand for its ammunition business and favorable trends for outdoor products.
Dyrt Report: New Campers Are Increasingly More Diverse
The Dyrt, an app for camping, found that 40 percent of the people who went camping for the first time in 2021 identified as Black, Indigenous, and People of Color, up from just 23 percent in 2018.
Rossignol Group Announces Strong Rebound Year For 2021/22
Following a challenging 2020/21 winter season, the Rossignol Group reported it recorded a strong rebound for winter 2022 with 28 percent growth across its brand portfolio.
U.S. Reinstates 352 Product Exclusions From China Tariffs
The U.S. Trade Representative’s office (USTR) has reinstated 352 of the 549 eligible exemptions from U.S. “Section 301” tariffs on Chinese imports.
Evo Announces Appointments To Executive Team
Evo, the online retailer of outdoor gear and fashion apparel based in Seattle, WA, announced the addition of Xandy Anderson and the promotion of Ben Wallace.
Patagonia And REI To Boycott Outdoor Retailer Show Upon Return To Utah
Patagonia and REI issued statements that said the companies would not attend Outdoor Retailer when it returns to Salt Lake City in 2023.
Sportfishing Industry Association Appoints Pacific Fisheries Policy Director
The American Sportfishing Association (ASA) announced that Larry Phillips has joined ASA as its Pacific Fisheries policy director. Phillips most recently served as Region 6 Director for the Washington Department of Fish & Wildlife.
OR Show Returning To Salt Lake City In 2023
The Outdoor Retailer trade show, owned by Emerald Expositions, is returning to Salt Lake City, UT in 2023. The show had moved to Denver in 2018 because of Utah’s environmental policies and local political leaders’ support of the shrinking of the Bears Ears and Grand Staircase-Escalante national monuments and other federal land policies.
Otis Technology Announces New CEO Appointment
Otis Technology, based in Lyons Falls, NY, announced that Bill Kleftis will take the helm as CEO overseeing Otis Technology, Shooter’s Choice and DRD Tactical, effective April 4, 2022.
Winnebago Delivers 39 Percent Growth In Second Quarter
Winnebago Industries, Inc. reported strong earnings gains in the second quarter ended February 26 as sales grew 39 percent, including organic growth of 29 percent.
Kathmandu Parent Sees Slight Sales Decline In First Half
KMD Brands, formerly Kathmandu Holdings Limited, reported sales dipped 0.8 percent in the six months ended January 31. The second quarter showed a positive rebound following Q1 COVID lockdown impacts on Kathmandu and Rip Curl in Australasia. Oboz’s sales were impacted by COVID closure of Vietnam factories.
Anta Sports’ Sales Grew 39 Percent In 2021
Anta Sports reported sales for the year ended December 31 vaulted 38.9 percent to RMB49.32 billion ($7.74 bn). Sales for Amer Sports were up 18.1 percent.
Dexter Acquires HiSpec Wheel And Tire
DexKo Global, Inc. announced that its wholly-owned subsidiary, Dexter Axle Company, acquired HiSpec Wheel & Tire, Inc., located in Mishawaka, IN.
Rumpl Strengthens Leadership Team With New Hires
Blanket brand Rumpl has hired David Visnack as vice president, product and marketing, and Ellyn Craven as vice president of finance.
