SGB Update Outdoor

Canada Goose Launches Share Repurchase Program
Canada Goose Holdings Inc. announced that the Toronto Stock Exchange (TSX) has approved a normal course issuer bid (NCIB) providing for the purchase for cancellation of up to 5.94 million subordinate voting shares of Canada Goose.

The North Face Forms Partnership With Spinnova
The North Face has reached an agreement with textile material company Spinnova to develop high-performance textiles with a sustainable component.

Sun & Ski Sports To Open Third Store In Washington D.C. Area
Sun & Ski Sports announced the opening of its 31st store at Arundel Mills Mall in Hanover, MD at the former site of Modell Sporting Goods.

Bruce Akin Retiring As CEO Of B.A.S.S.
After 10 years serving as CEO of B.A.S.S., Bruce Akin will retire on September 30. B.A.S.S. Chairman Chase Anderson will assume responsibility for the organization’s day-to-day operations as CEO.

Academy Sports Partners With Whataburger
Academy Sports + Outdoors has partnered with Whataburger to launch an apparel line called Magellan Outdoors x Whataburger.

QBP Named Distributor Of Adidas Five Ten In Canada
Quality Bicycle Products has been named the new distributor of Adidas Five Ten cycling and climbing products in Canada.
Hayes Bicycle Group Strengthens Rep Force
Hayes Bicycle Group announced it has increased its U.S.representation by adding new agency partners.

Southeast Region’s Lodging Strength Continues Through Summer
Once again, participating resort properties in Florida, Georgia and South Carolina are celebrating a second consecutive summer with all-time seasonal records for occupancy, room rates and revenues according to DestiMetrics.

Recall: Rossignol All Track DH Bike
About 150 Rossignol 2018 and 2019 Model Year All Track DH Bicycles are being recalled.

Kathmandu Holdings Inc. Announces New Global CEO For Rip Curl
Rip Curl announced it has appointed a new Global , CEO, Brooke Farris. This follows the previously announced promotion of Michael Daly from this role to Group CEO and managing director, Kathmandu Holdings Limited. Farris will report to Daly.

Wolverine Worldwide Announces Pricing Of Senior Notes
Wolverine World Wide Inc. announced the pricing of its offering of $550 million aggregate principal amount of 4.000 percent senior notes due 2029.

Mission First Tactical Hires Head of Product Management And Innovation
Mission First Tactical, LLC (MFT), based in Horsham, PA, hired Bobby McGee as its executive vice president of product management & innovation.

Leatt Corp. Sees Q2 Revenues Double
Leatt Corp. reported second-quarter revenues of $14.3 million, up 106 percent, compared to the 2020 second quarter. Net income reached $2.4 million, or 44 cents, up 257 percent year over year.

New Yamaha Marine Propeller Facility Reaches Full Capacity
The new Yamaha Marine Precision Propeller (YPPI) facility in Greenfield, IN has reached full production capacity, said the brand. The advanced casting facility and foundry use robotics to reduce lead times and increase production by “more than 67 percent” allowing YPPI to deliver “more than 100,000 propellers” to customers annually.

Patagonia To Open First Store In Brooklyn
Patagonia is planning to open its first store in Brooklyn 70 North 6th Street in Williamsburg, according to Commercial Observer.