SGB Update Outdoor
Kohl’s Faces Activist Pressure To Spin Off Online Business
An activist group, a New York-based hedge fund, Engine Capital, is pressuring Kohl’s to consider either a sale or a separation of its online business. The request follows a similar move by Saks Fifth Avenue.
Aqua-Leisure Recreation Acquires Airhead Sports Group
Aqua-Leisure Recreation, LLC announced the acquisition of Denver, CO-based Airhead Sports Group. With the acquisition, the company said it becomes the market leader within the aquatics consumer products industry.
NRF Economist Predicts Holiday Shopping Could Beat Forecast
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s (NRF) forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, according to NRF Chief Economist Jack Kleinhenz.
SquadLocker Partners With rSchoolToday
SquadLocker has been named a service and apparel provider for rSchoolToday, a cloud-based software solution company serving the K-12 market.
Northland Fishing Tackle Names Marketing Director
Northland Fishing Tackle named industry veteran Mike Anselmo as marketing director.
Honey Stinger CEO To Step Down
With its equity partner, Factory-LLC, Honey Stinger announced its CEO Mike Keown would step down for personal reasons at the end of the year.
Shoe Carnival Announces Acquisition Of Shoe Station
Shoe Carnival, Inc. announced that it had acquired substantially all of the assets of privately-held, family-owned Shoe Station, Inc., which operates 21 stores in five Southeastern states. The Shoe Station assets were acquired for $67 million.
Bass Pro And Sportsman’s Warehouse Call Off Merger
Great Outdoors Group, owner of the Bass Pro, Cabels’a and White River Marine Group, and Sportsman’s Warehouse Holdings Inc. have called off their merger deal, according to a regulatory filing on Thursday.
REI Announces New Chief Commercial Officer; Senior Promotions
REI Co-op announced it has hired its first chief commercial officer and is promoting two executives to new leadership positions.
Eagle Claw Fishing Tackle Announces New Plant In Cheyenne
Wyoming Governor Mark Gordon announced that the Wright & McGill Company, the owner of Eagle Claw Fishing Tackle, has purchased 60 acres in Cheyenne, WY to build a new manufacturing plant.
USA Cycling Announces New Slate Of Athlete Representatives To Its Board
USA Cycling announced the election of four new Athlete Representative members to its Board of Directors effective December 1, 2021.
Duluth Holdings Hikes Guidance On Strong Q3
Duluth Holdings Inc., the parent of Duluth Trading, sharply raised its guidance for the year after reporting third-quarter earnings tripled year over year on record margins. Sales gains 7.2 percent.
Clarus Acquires Maxtrax
Clarus Corporation announced it has acquired Australian-based Maxtrax, a maker of overlanding and off-road vehicle recovery and extraction tracks, for a combination of cash, stock and future consideration.
Flagg Bicycle Group Acquires Terry Bicycles
The Flagg Bicycle Group announced that it acquired women’s cycling company Terry Bicycles. Liz Robert will remain president, CEO and shareholder in the company, now named Terry Precision Cycling, and will continue to lead its existing staff at its facility in Burlington, VT.
Waypoint Outdoor Makes Hires
Waypoint Outdoor added several industry veterans to its team of sales reps.
