SGB Update Outdoor
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.
Cirrus Cycles Announces Employee Promotions
Cirrus Cycles, Inc., makers of Kinekt Suspension Components, promoted Evan Wert, Jeremy Facer and Kelsey Lampe.
American Outdoor Brands’ Q1 Revenues Climb 20 Percent
Profits at American Outdoor Brands grew 94.4 percent in the first quarter ended July 31 as sales grew 20.4 percent and gross margins improved 70 basis points.
Helen of Troy Announces $500 Million Share Repurchase Authorization
Helen of Troy Ltd. announced that its Board of Directors has authorized the repurchase of $500 million of its outstanding common shares in keeping with its stated intention to return to shareholders capital not otherwise used for core business growth or strategic acquisitions.
Columbia Sportswear Appoints President Of Prana
Columbia Sportswear Company announced the appointment of Monica Mirro as president of the Prana brand.
Columbia Sportswear Appoints President Of Mountain Hardwear
Columbia Sportswear Company announced the appointment of Troy Sicotte as president Mountain Hardwear brand.
Cotopaxi Secures Growth Investment Led By Bain Capital Double Impact
Cotopaxi announced that it has secured funding led by Bain Capital Double Impact, the impact investing strategy of Bain Capital.
