SGB Update Outdoor
Firearms Industry Economic Impact Rises 269 Percent Since 2008
The total economic impact of the firearm and ammunition industry in the United States increased from $19.1 billion in 2008 to $70.52 billion in 2021, a 269 percent increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to over 375,819, a 126 percent increase in that period, according to a report released by the NSSF.
T&C Surf Names New President
Craig Sugihara, founder and owner of T&C Surf Designs, appointed his son Ryan Sugihara president.
Vail Resorts Announces Employee Housing Investments At Key Resorts
Vail Resorts announced four investments to provide accessible and affordable housing for its employees at Park City Mountain in Utah, Whistler Blackcomb in British Columbia, Vail Mountain in Colorado, and Okemo Mountain Resort in Vermont.
Camp To Open In Los Angeles
Camp, which describes itself as “Part toy store, part activity destination, and all good vibes,” is opening its first flagship store in Los Angeles. The Century City location will be Camp’s ninth store.
The Leisure Collective Makes Key Finance And Sales Hires
The Leisure Collective (TLC), the eyewear distributor to the surf channel, hired a chief financial officer while adding to its sales team to support key territories in the Northeast and Mid-Atlantic regions.
U.S. Ports Seeing Brief Slowdown From Last Year But Imports Remain High
The nation’s major retail container ports have begun to catch up with the backlog of cargo seen over the past several months but could experience another surge this summer, according to the monthly Global Port Tracker report released by the National Retail Federation.
KKR Formalizes Offer For Accell Group
In a joint press release, Accell Group, the parent of Raleigh, Ghost, Haibike, and other bike brands, and a private consortium headed by Kohlberg Kravis Roberts & Co. (KKR) recommended shareholders accept the all-cash offering for its shares for 1.56 billion euros ($1.76 billion).
Good To-Go Expands Sales, Marketing And Operations Team
Good To-Go, the Maine-based dehydrated gourmet meal brand, has added six hires to its sales and marketing and operations team.
Progression Brands Group Names VP
Progression Brands Group (PBG) announced that Jeff Burkley had accepted the newly created position of vice president. Burkley will be responsible for developing and leading commercial strategies across the company’s multi-brand portfolio, including Capranea Apparel, DAHU Ski Boots, Movement Skis, YNIQ Eyewear, and Crazy Apparel.
NPD And IRI To Merge
The NPD Group (NPD) and Information Resources, Inc. (IRI) announced the signing of a definitive agreement to merge the two companies. The transaction is expected to close in the second half of 2022.
Merrell Launches Takeback And Resale Program
Merrell is launching a multinational product takeback and resale program called Merrell ReTread. The program, which launches in April in the US and Canada in a partnership with ReCircled, allows consumers to give back Merrell footwear.
Yamaha U.S. Marine Appoints Marketing Manager
Yamaha U.S. Marine Business Unit announced the appointment of Susan Camp as division manager, marketing.
Olin Winchester Hosts Members of Congress To Support Shooting Sports
Olin Corporation announced that last week, Olin Winchester hosted legislators and outdoor industry representatives at a special event in Washington, D.C., to discuss the positive impact of the shooting sports and hunting and responsible firearm ownership. The event also featured an introduction to Shoot United, an initiative designed to engage individuals and families in shooting sports activities.
Frasers Group Appoints Managing Director, Cycling
Frasers Group plc announced the appointment of Russell Merry as managing director for cycling. The group currently operates from over 70 Evans Cycles stores and retails a collection of cycling specialty products across its Group portfolio, which spans 22 countries and over 500 stores.
Domain Outdoor Appoints Sales And Marketing Manager
Domain Outdoor announced the appointment of Riley Arnold as its new sales and marketing manager.
