SGB Update Outdoor
Thor Industries Announces Closing Of $500 Million Of Senior Unsecured Notes
Thor Industries Inc. announced the closing on October 14, 2021 of its previously announced offering of $500 million aggregate principal amount of 4.000 percent senior notes due 2029.
Under Armour Appoints Chief Consumer Officer
Under Armour Inc. announced the appointment of Massimo Baratto to executive vice president, chief consumer officer. Since joining Under Armour in 2018, Baratto has served as managing director of the company’s Europe, Middle East and Africa (EMEA) region.
Adidas Launches New Share Buyback Program
Adidas said its board has decided to launch an additional share buyback program following the completion of a share buyback program launched in July. Starting on October 18, 2021, the company plans to buy back shares worth €450 million until the end of the year.
Reid Bikes Hires New Product Manager
Reid Bikes hired Leon Stimpson as its first product manager. Stimpson recently headed up product development at Forme Bikes.
Salt Life To Open Five Stores
Delta Apparel Inc. announced plans for five new wholly-owned retail stores for its beach lifestyle brand, Salt Life. Storefronts in Florida, South Carolina and Alabama are expected to open early next year.
Sportsman’s Warehouse Appoints Interim CFO
Sportsman’s Warehouse Holdings, Inc., which agreed in January to be acquired by Bass Pro, said in a regulatory filing that Jeff White has been appointed vice president of finance, chief accounting officer and interim chief financial officer of the company,
Carver Skateboards Names New President
Carver Skateboards has hired Dave Root as its president. Root was previously general manager for Absolute Board Co. and brings with him two decades of industry experience and process implementation having helped to manage skate hardgoods brands Penny, Z-Flex and Arbor Skateboards.
Mountainsmith Appoints Senior Designer And Industry Veteran
Mountainsmith announced it had hired industry veteran Rio Telge as senior designer, responsible for its design plans for 2022 and beyond.
Outdoor Adventure Brands Secures $8.2 Million Credit Facility
Tiger Finance has closed on $8.2 million in growth financing for Outdoor Adventure Brands (OAB), the e-commerce and retail company known for its Austin Canoe & Kayak stores in Texas and Summit Sports locations in Michigan.
A&M Manufacturing And StyleCraft Boats Moving To Alachua
A&M Manufacturing and StyleCraft Boats are moving to the former Marlow-Hunter facility in Alachua, FL.
Big Agnes Announces Hires In Product Development And Sourcing
Big Agnes announced new hires within its product development team. Joining the company are Bryan Davis, Leanne Thompson and Monica Welcker, while Tim Leroy joins its sourcing department.
GoPro Appoints Board Member
GoPro Inc. announced that Shaz Kahng has joined GoPro’s Board of Directors. Her past roles include global general manager of Nike Cycling and president/CEO at Lucy Activewear.
BPI Outdoors Names Bergara Brand Manager
BPI Outdoors/Bergara Rifles announced the promotion of Dakota Russell to the position of Brand Manager for its Bergara Division.
U.S. Shoppers To Show “Generosity Of Spirit” This Holiday Season, Accenture Survey Finds
Americans are looking forward to the holiday season this year, with many planning to spend the same or more compared with last year and support charitable organizations and their local communities, according to the 15th Annual Holiday Shopping Survey from Accenture.
Sportsman’s Guide And The Golf Warehouse Sold To PE Firm
BHG Ventures, a private investment firm in Southfield, MI, has acquired Sportsman’s Guide and The Golf Warehouse. Terms of the deal were not disclosed.
