SGB Update Outdoor
Thor Industries Acquires Airxcel
Thor Industries Inc., the manufacturer of recreational vehicles, announced it has acquired Wichita, KS-based AirX Intermediate, Inc., a manufacturer of OEM and aftermarket RV parts and accessories, for $750 million.
Recall: SKE Outdoors Kids Bike Helmets
About 860 TurboSke kids’ toddler bike helmets from SKE Outdoors are being recalled. The bicycle helmets do not comply with the U.S. CPSC federal safety standard for bicycle helmets, posing a risk of head injury.
Moose Knuckles Appoints CEO
Canadian luxury outerwear and sportswear brand, Moose Knuckles, said Victor Luis has been appointed CEO.
Sportsman’s Warehouse Sees 10 Percent Same-Store Decline In Second Quarter
Sportsman’s Warehouse Holdings, Inc. reported earnings on an adjusted basis declined 42 percent in the second quarter ended July 31 as same-store sales declined 10 percent. The retailer was facing elevated demand in the year-ago period tied to the pandemic.
Norrøna Invests In The U.S.; Adds Three Sales Agencies
Norrøna has strengthened its U.S. sales with the addition of agencies Summit Sales NW in the Pacific Northwest, Black Dog Sales Group in the Rocky Mountains and Intermountain West and Bluebird Sales Group in the Northeast.
AFFTA Postpones International Fly Tackle Dealer Show
The American Fly Fishing Trade Association (AFFTA) Board of Directors announced that the 2021 International Fly Tackle Dealer (IFTD) show, scheduled for October 20-22 in Salt Lake City, UT, has been postponed until 2022.
OvareVentures Expands Retail Presence With Purchase Of Kenver, Ltd.
OvareVentures is expanding its retail presence and adding to its outdoor portfolio with the purchase of Massachusetts-based Kenver, Ltd., a sportswear boutique and outdoor retail hub.
CODI Completes Simplification Of Tax Structure
Compass Diversified (CODI) announced that it has completed its planned tax reclassification. Effective Wednesday, Compass Diversified Holdings will be treated as a corporation for U.S. federal income tax purposes.
Public Lands Announces Initial Conservation Partners
Public Lands, the outdoors-themed retailer from Dick’s Sporting Goods, announced the creation of The Public Lands Fund and partnerships with ten environmental nonprofit organizations.
NPD Report: Equipment Sales In U.S. Sports Specialty Market Grow In First Half 2021
NPD Group reported that equipment sales at sports specialty retail grew by 23 percent in the first half of 2021, compared to the same pre-pandemic period in 2019.
OvareGroup Outdoor Appoints President
The OvareGroup, based in Los Angeles, hired retail veteran Kara Anastasiadis as president of the newly formed OvareGroup Outdoor division.
Alterra Mountain Company Acquires Purcell Heli-Skiing
Alterra Mountain Company announced it has purchased Purcell Heli-Skiing in British Columbia, Canada. The company will be incorporated into its mountain experience, CMH Heli-Skiing & Summer Adventures.
Camping World Announces Aggressive Greenfield Market Expansion
Camping World Holdings Inc. announced plans to aggressively expand its national footprint through the opening of 20 or more new greenfield locations over the next three years, in addition to strategic acquisitions.
BioLite Appoints Outdoor Markets Division Leader
BioLite has hired Katie Mack to lead its expanded Outdoor Markets division. Mack is a veteran in sales and marketing, having worked for Red Wing, Aveda, Merrell, and Salomon.
Hibbett Boosts Guidance As Q2 Far Exceeds Analyst Estimates
Hibbett Inc. raised its outlook for the year after reporting second-quarter results that came in well above Wall Street targets. Same-store sales declined 6.4 percent year over year but represented a surge of 72.8 percent compared to the second quarter of 2019.
