SGB Update Outdoor
NICS Firearms Background Checks Tumble In January
The January 2021 NSSF-adjusted National Instant Criminal Background Check System (NICS) plunged 40.9 percent to 1.19 million from 2.05 million in January 2021.
Pure Fishing Acquires Svendsen Sport
Pure Fishing Inc., announced the acquisition of Svendsen Sport, a supplier of fishing tackle in Europe and owner of the Savage Gear, Prologic, MadCat, WaterWolf, and DAM brands.
Vista Outdoor Hikes Outlook Following Robust Third-Quarter Results
Vista Outdoor Inc. again raised its full-year guidance after reporting earnings surged 104 percent in the third quarter ended December 26 on a 38 percent revenue gain. Results topped Wall Street’s consensus targets. Sales vaulted 60 percent in the Sporting Products segment and gained 17 percent in the Outdoor Products segment.
Ruffwear Names New President
Ruffwear announced that Will Blount, who has served as president of Ruffwear for 20 years, will step down and Brandan Hill, former head of product development will assume the role of in-coming president.
U.S. Ski & Snowboard Names New CMO
U.S. Ski & Snowboard announced the appointment of Guy Slattery as the organization’s new chief marketing officer. Slattery was CMO at Vice Media.
Woom Bikes Appoints New Global CEO
Woom Bikes appointed Woom USA founder, Mathias Ihlenfeld, as the kids’ bike brand’s global CEO. The company’s founders, Marcus Ihlenfeld and Christian Bezdeka are stepping back from day-to-day operations but remain shareholders in the company.
Canadian Tire Announces Chairman Succession
Canadian Tire Corp., Ltd. announced that Maureen Sabia will retire as chairman and from the Board of Directors following the company’s Annual Meeting of Shareholders on May 12, 2022. She will be succeeded as chairman by J. Michael Owens following his re-election as a director at that meeting.
Sportsman’s Warehouse Appoints CFO
Sportsman’s Warehouse Holdings, Inc announced the appointment of Jeff White as its chief financial officer. He has been with the company for six years.
Compass Diversified Invests In Packaging Firm
Altor Solutions, a subsidiary of Compass Diversified (CODI) and a manufacturer of custom protective packaging solutions and componentry, announced that it has acquired Foam Concepts, Inc. Financial terms of the transaction were not disclosed.
Clarus Corp. Appoints Board Member
Clarus Corporation announced the appointment of James Walker III to its board of directors.
Yamaha Motor Appoints President/CEO, Yamaha Motor Finance Corporation, USA
Yamaha Motor Co., Ltd. (YMC), has announced that Craig Hewitt, chief operating officer of YMFUS, was promoted to president and CEO effective February 1, 2022.
Camping World To Acquire Big Daddy RV’s In Kentucky
Camping World Holdings, Inc. announced an agreement to acquire Big Daddy RV’s in London, KY. The acquisition is anticipated to close in late February and will be the company’s third location in the state.
Cowboy Raises $80M In Funding
Electric bike designer Cowboy, based in Brussels, announced an $80 million Series C financing milestone.
Earth Shoes Appoints New CEO
Earth Shoes has appointed Alison Bergen, formerly CEO of Aerosoles, as CEO. She takes over day-to-day leadership from former president Mark Parsley, who has left the company.
Black Creek Outfitters Is Closing
Black Creek Outfitters, the specialty outdoor retail for nearly 40 years, announced it is closing its store in conjunction with the sale of its lakeside retail property.
