SGB Update Outdoor
Work Sharp Awarded Default Judgment Against Unauthorized Reseller
Work Sharp announced today that a United States District Judge in the District of Oregon awarded the company a default judgment against an unauthorized reseller of its products.
Winnebago Commits To Net-Zero Greenhouse Gas Emissions
Winnebago Industries Inc. said it plans to increase its commitment to environmental sustainability by joining the Business Ambition for 1.5°C. The company has set a goal to achieve net-zero greenhouse gas emissions by 2050.
Clarus Raises Full-Year Outlook On Strong Q3 Growth
Clarus Corp. issued preliminary results showing third-quarter sales are expected to range between $107-$108 million, which is an anticipated 66 percent to 67 percent year-over-year increase compared to $64.5 million in the third quarter of 2020.
Pajar Canada Opening U.S. Flagship
Pajar Canada is opening a flagship store location in the SoHo section of New York City. The location represents Pajar’s first full-price store.
Winnebago Industries Sets Stock Buyback Program
Winnebago Industries Inc. announced that the company’s Board of Directors authorized a new share repurchase authorization of up to $200 million of the company’s common stock.
Bob Stapleton Steps Down As Chairman From USA Cycling Board
USA Cycling announced that Bob Stapleton is stepping down as chairman of the board for the organization, a position he has held since 2014. Vice chairman Brendan Quirk was elected by board members to replace Stapleton, effective November 1.
Head/Tyrolian Hires New U.S. Racing Department Lead
Head/Tyrolian welcomed Stefan Hughes as its U.S. competition and team manager. Hughes will manage Head’s racing program in the U.S. and work closely with its Austrian race department to coordinate service for Head’s retailers, coaches and athletes.
Fischer Sports Appoints Content Marketing Manager
Fischer Sports said Jonathan Jay, former senior editor for Ski Magazine, will be taking on the new role as Fischer’s content marketing manager for the U.S.
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.
