SGB Update Outdoor
Academy Sports Appoints Board Member
Academy Sports and Outdoors Inc. announced the appointments of Beryl B. Raff to its Board of Directors and Compensation Committee and Wendy A. Beck, currently a member of the Board and its Audit Committee, as a member and chairperson of the Nominating & Governance Committee.
Clarus Nominates Board Member
Clarus Corporation announced the nomination of Susan Ottmann to its Board of Directors.
Retail Cargo Imports Set New Record As Economy Recovers
Imports at retail container ports hit a new record this spring and volume during the first half of 2021 is expected to be a third higher than last year as the economy continues to recover from the pandemic, according to the monthly Global Port Tracker report released by the National Retail Federation.
Remington Announces Partnership With Blackbird Products Group
Remington Ammunition announced a licensee agreement with Blackbird Products Group, parent company to Mammoth Coolers.
Eddie Bauer To Be Sold To Authentic Brands And Simon
Authentic and SPARC Group, a joint venture between Authentic and Simon Property Group, are acquiring Eddie Bauer, including its 300 stores and e-commerce business, from a unit of Golden Gate Capital.
Daiwa Appoints New President Of Americas
Daiwa Corp. reported that Carey Graves has been promoted to president of American Daiwa, the company’s United States operation. Graves replaces Trevor Teragaki, who has been elevated to board chairman and also represents Daiwa USA as a board member for Globeride, Inc., Daiwa’s Japan-based parent company.
Report: Icebreaker To Undergo Restructuring
Icebreaker plans to eliminate from 40-to-50 jobs in its home country of New Zealand in a reorganization designed to better support global growth, according to the NZ Herald.
Dorel Sports Q1 Revenues Jump 44 Percent
Dorel Industries Inc. reported that its Dorel Sports’ segment increased 43.6 percent in the first quarter as continued strong global demand for bikes offset supply chain challenges.
Johnson Outdoors’ Quarterly Sales Climb 26 Percent
Johnson Outdoors Inc. reported earnings rose 36.3 percent in the second quarter ended April 2 on a 26 percent sales gain.
Fox Factory’s Sales Climb 53 Percent
Fox Factory Holding Corp. reported earnings more than doubled in the first quarter ended April 2 as sales jumped 52.5 percent.
Vista Outdoor’s Q4 Sales Expand 40 Percent
Vista Outdoor Inc. reported sales grew 40 percent in the fourth quarter ended March 31. In its two segments, sales of Outdoor Products were up 47 percent while Shooting Sports gained 37 percent.
RV Retailer Acquires Marlin Ingram RV In Alabama
RV Retailer LLC announced the acquisition of Marlin Ingram RV, a Tiffin dealership located in Alabama.
Academy Sports Announces Pricing Of Secondary Offering
Academy Sports + Outdoors Inc. announced the pricing of the previously announced underwritten secondary offering by certain of its stockholders, including affiliates of Kohlberg Kravis Roberts & Co. L.P., of 14 million shares of common stock.
Black Diamond Equipment Appoints Business Unit Director For Apparel
Black Diamond Equipment, a brand of Clarus Corporation, appointed Anthony Rivera as its business unit director for its apparel category. Rivera was the former senior manager of merchandising for Arc’Teryx.
Hydro Flask Expands Into Latin America
Hydro Flask, a Helen of Troy Limited brand, is expanding its global presence in the Latin American market through distributor arrangements.
