SGB Update Outdoor
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.
SIA Data Shows Increase In Winter Outdoor Spending And Job Creation
Data released by Snowsports Industries America (SIA) shows that winter outdoor consumers are responsible for over $79 billion in spending and support 799,000 jobs.
NRF: Nearly 180 Million Shop Over Thanksgiving Holiday Weekend
According to the annual survey released by the National Retail Federation and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. The number of shoppers compares with 186.4 million shoppers in 2020 but exceeded the NRF’s initial expectations by over 21 million and is in line with the average of the last four years.
Thor Industries Announces Promotions
Thor Industries Inc. announced the promotion of Todd Woelfer to SVP and chief operating officer and Trevor Gasper to vice president, general counsel and secretary.
JD Sports Board Member Steps Down
JD Sports Fashion Plc announced that, after more than six years on the Board, Heather Jackson has stepped down from her position as a non-executive director. Mahbobeh Sabetnia has joined the board.
VF Corp Appoints President, Global Packs
VF Corporation announced the appointment of Nina Flood to the newly created position of president, Global Packs, Eastpak, JanSpor, and Kipling.
