SGB Update Outdoor
Leadership Change At Mammut Sports Group AG
Following the completion of its change of ownership from Conzzeta to Telemos Capital, the Board of Directors of Mammut Sports Group AG and CEO Oliver Pabst have jointly agreed to enter the next phase for the company with new leadership.
Bass Pro Founder Inducted Into Hall Of Famous Missourians
Johnny Morris, who founded Bass Pro as a fishing gear store in Springfield in 1971, has been inducted into the Hall of Famous Missourians.
Patagonia To Develop And Scale Circular Solutions In Textiles
Patagonia announced it is collaborating with Natural Fiber Welding Inc. (NFW) to develop and scale circular solutions in textiles.
Yuba Relocating Headquarters To Southern California
Yuba Bicycles, based in Cotati, CA, which is in Sonoma County, is relocating its headquarters to San Juan Capistrano in Orange County.
Deloitte: Holiday Retail Sales Expected to Increase 7-9 Percent
Holiday retail sales are likely to increase between 7 percent and 9 percent in 2021, according to Deloitte’s annual holiday retail forecast. Deloitte also forecasts that e-commerce sales will grow by 11 percent to 15 percent, year-over-year.
Deckers Brands Elects Independent Board Member
Deckers Brands announced the election of David A. Burwick to its Board of Directors. He is CEO of The Boston Beer Company.
Columbia Sportswear To Sponsor USA Curling Team
Columbia Sportswear announced a multi-year sponsorship with USA Curling.
Lectric EBikes Appoints COO
Lectric eBikes announced it has hired Jeff Frehner as chief operating officer. Frehner previously served as president and executive of Dorel Sports-owned Pacific Cycle and Cannondale Sports Group, now Cycling Sports Group.
Surge Outdoors Acquires Barnett Crossbows
Surge Outdoors announced its recent purchase of Barnett Crossbows. Surge Outdoor plans to maintain operational facilities in Florida, Louisiana, Utah and Illinois, where Barnett is headquartered.
Arc’teryx Announces Opening Of Store In Montreal
Arc’teryx Equipment announced its continuing retail expansion in Canada with a new Montreal location. The curated-store concept is called Arc’type, centered around the brand’s better-known designs.
Enduro Bearings Appoints Marketing Director
Enduro Bearings, the manufacturer of bearings, seals, components, and tools for the cycling industry, appointed industry veteran Rick Sutton as marketing director to build and drive DTC brand awareness.
Recall: Wiggle Vitus Kids Bikes
About 280 Vitus 14 and Vitus 16 kids bikes from Wiggle are being recalled. The Consumer Product Safety Commission said the bikes don’t meet U.S. regulations for kid’s sidewalk bikes because they have handbrakes but no coaster brake.
Recall: Burley Ballz QR Skewers
About 2,935 skewers in the U.S. and about 260 in Canada are being recalled by Burley Design because they can shear or bend.
Play It Again Parent Issues $30 Million Of Notes
Winmark Corporation announced the issuance of $30.0 million of 3.18 percent senior secured notes due 2028.
Backcountry Appoints CFO
Backcountry has appointed Girish Satya chief financial officer of its global portfolio of brands, including Backcountry, Bergfreunde, Competitive Cyclist, Motosport and Steep & Cheap. Most recently, Girish served as a principal at TSG Consumer Products, Backcountry’s financial and strategic partner.
