SGB Update Outdoor

AAFA Urges Biden Administration To Act On Inflation

American Apparel & Footwear Association President and CEO Steve Lamar reacted to reports that prices in America rose 6.8 percent in the 12 months ending in November—the largest rise in nearly 40 years. Prices for clothing and footwear rose 5 percent and 4.7 percent during this time.

The Running Event Draws 200 Exhibitors

The Running Event, held last week in Austin, said it drew 200 exhibitors, marking a return after being canceled in 2020 due to the pandemic.

YakAttack Secures PE Funding

L2 Capital Partners, L.P. announced the recapitalization of YakAttack, LLC, a manufacturer of branded mounted aftermarket accessories primarily used to outfit and rig kayaks for fishing.

Johnson Outdoors Reports Record Sales And Earnings For Fiscal Year 2021

Johnson Outdoors Inc. announced higher revenue and earnings for the fiscal year ending October 1, 2021. Continued high demand for products in Fishing, Camping and Watercraft Recreation propelled a 26 percent increase in sales as operating profit grew 56.6 percent and net income rose 51 percent over the prior fiscal year.

Vail Resorts Shrinks Q1 Loss

Vail Resorts, Inc. reported a slightly narrower loss in its fiscal first quarter ended October 31, strong pass sales results for the upcoming 2021/22 North American ski season, and reaffirmed its guidance for Resort Reported EBITDA for fiscal 2022.