SGB Update Outdoor
Hoyt Archery Appoints President
Hoyt Archery announced that Zak Kurtzhals has been named the new company president. Currently Hoyt’s VP of operations, Kurtzhals will succeed Randy Walk, effective July 19.
Authentic Brands Group Files For IPO
Authentic Brands, which owns a number of fashion and sports brands, filed for an initial public offering.
Skylotec Acquires Climbing Technology
Skylotec, based in Neuwied, Germany, has acquired Climbing Technology, a European manufacturer of carabiners.
Camber Hires Chief Development Officer
Camber announced that Tiffany Smith had joined the company as Chief Development Officer.
Camping World Continues Expansion With Vermont Acquisition
Camping World Holdings Inc. announced a land acquisition agreement for TC’s RV dealership in St. Albans City, VT. This location will be the retailer’s first facility in the state of Vermont.
Volcom Operating Group To Pick Up Spyder License
Authentic Brands Group (ABG) announced the transition of its core licenses for Spyder to Liberated Brands, the parent of Volcom surf and skateboard label. ABG also plans to appoint new license partners for Frye.
The Renewal Workshop Closes $6 Million Round
The Renewal Workshop announced a $6 million financing round. The round includes Rubio Ventures, Shift Invest, Quadia, Closed Loop Partners, Gratitude Railroad, Portland Seed Fund, Fashion for Good, DOEN, Mosiaco Management, Mistletoe, and Volta Circle.
CODI Declares Second Quarter 2021 Distributions
Compass Diversified (CODI) has declared a quarterly cash distribution of 36 cents per share on the company’s common shares.
Patagonia Secures Multi-Year Infinna Supply
Patagonia signed a multi-year sales agreement for Infinna fiber, which is regenerated from textile waste by Infinited Fiber Company.
North Face To Discontinue Futurelight Logo After Legal Battle With Graffiti Artist
The North Face has decided to phase out and discontinue the use of its Futurelight logo following a trademark infringement lawsuit from Futura, the New York-based graffiti artist, over its design.
Clarus Completes Rhino-Rack Acquisition
Clarus Corp. completed the acquisition of Australia-based Rhino-Rack Pty Ltd. The company also amended and upsized its existing senior credit line.
Velofix Announces Direct Program Partnership With QuietKat Bikes
Velofix announced a new partnership in their Direct program with QuietKat, the e-bike manufacturer based in Eagle, CO.
Patagonia Recalls UPF Apparel
Patagonia issued a voluntary recall of products in two of its sun protection lines—Capilene Cool Daily and Tropic Comfort. The products do not meet the 50+ UPF (ultraviolet protection factor) rating.
Gymshark Founder Reclaims CEO Role To Oversee U.S. Expansion
Ben Francis, founder, Gymshark, is reclaiming his role as the chief executive in August as the company expands into the U.S. and Asia. The move comes four years after he stepped back from leading the brand.
Ridepanda Nets $3.75 Million In Funding
Online seller Ridepanda announced it received a combined $3.75 million in financing to support growth in e-bikes
