SGB Update Outdoor
El Cap-Movement Merges Banner Names To Movement Brand
El Cap-Movement announced that the company is moving its Earth Treks and Planet Granite gyms under the Movement brand umbrella to simplify and clarify its marketplace position.
Mustang Survival Acquires Government & Commercial Marine Business Of Stearns
Mustang Survival announced the acquisition of the Government & Commercial Marine business of Stearns.
RP Designs Completes Acquisition Of Ellsworth Cycling
RP Designs, Inc., based in Atlanta, GA, announced it has acquired Ellsworth Cycling, LLC.
Camping World Announces Deal To Acquire Lloyd Bridges Traveland
Camping World Holdings Inc. announced an agreement to acquire the Lloyd Bridges Traveland RV dealerships in Chelsea, MI.
Kohl’s Debt Ratings Upgraded
Moody’s Investors Service changed Kohl’s Corporation’s outlook to stable from negative due to its improved credit metrics and improved profitability.
Sportsman’s Warehouse’s Third-Quarter Profits Slump 28 Percent
Sportsman’s Warehouse Holdings Inc., which recently ended its merger efforts with Bass Pro, reported profits, on an adjusted basis, declined 27.9 percent in the third quarter ended October 30 as same-store sales dipped 1.5 percent.
Vail Resorts To Acquire Seven Springs Mountain Resort
Vail Resorts, Inc. announced it had agreed to purchase Seven Springs Mountain Resort in Pennsylvania from Seven Springs Mountain Resort, Inc. As a part of the acquisition, Vail Resorts will also acquire Hidden Valley Resort and the operations of Laurel Mountain Ski Area.
NPD: U.S. Cycling Market Year-Over-Year Gains Moderate
In the 12 months ending October 2021, the U.S cycling market grew its revenue by only 3 percent compared to the prior year, to just over $8.4 billion, according to NPD Retail Tracking data. In the year-ago period, sales grew 45 percent.
Ports Keep ‘Container Dwell Fee’ On Hold Until December 13
The ports of Los Angeles and Long Beach, CA announced that consideration of the “Container Dwell Fee” would be held off another week until December 13.
SIMA Appoints Executive Director
The Board of Directors of the Surf Industry Manufacturers Association (SIMA) announced the appointment of industry marketing veteran Vipe Desai as executive director effective immediately.
Cotopaxi Partners To Support Australia Distribution
Cotopaxi said Sport Factory Pacific Limited, based out of Auckland, New Zealand and Sydney, Australia, will be Cotopaxi’s appointed Australasian distributor.
GSM Outdoors Appoints VP Of Fishing
GSM Outdoors announced the hiring of Crispin Powley to the position of vice president of fishing.
Thor Industries Q1 Sales Expand 56 Percent
Thor Industries reported net earnings rose 113 percent in the first quarter ended October 31 as sales rose 55.9 percent. Consolidated RV backlog as of October 31 increased over 100 percent.
Camping World Proposes Add-On To Its Senior Secured Term Loan
Camping World Holdings Inc. announced plans to issue a $300 million add-on to its senior secured term loan to fund the acquisition and development of RV dealerships and service centers.
Solo Brands Q3 Sales Surge 138 Percent
Solo Brands, the parent of Solo Stove and other outdoor brands, reported adjusted earnings climbed 39.7 percent in the third quarter ended September 30 on a 138.3 percent revenue gain.
