SGB Update Outdoor

BCM Appoints Executive Director
Big City Mountaineers (BCM) announced the appointment of David Taus, a lifelong educator and outdoor advocate, as its new executive director.

Pelican International Acquires Advanced Elements
Pelican International Inc. acquired Advanced Elements Inc. through its wholly-owned subsidiary Confluence Outdoors Inc. The acquisition broadens Pelican’s portfolio in the paddlesports category that includes Pelican, Wilderness Systems, Perception, Dagger, Mad River Canoe, Harmony Gear, and Boardworks.

Higg Updates Eco-Disclosure Product Module For Apparel And Footwear
The Sustainable Apparel Coalition (SAC) along with its technology partner Higg, launched the first phase of a transparency program for publicly sharing data on a product’s environmental impact, starting with its materials content.

Vista Outdoor’s Debt Ratings Upgraded
S&P Global Ratings raised its debt ratings on Vista Outdoor as strong demand in both its shooting sports and outdoor products segments caused its operating performance for the fiscal year ended March 31, 2021 to exceed expectations.

K2-MDV Holdings Appoints CEO For All K2 Sports And MDV Brands
K2-MDV Holdings announced that John Colonna, current president of K2 Sports, has been named president & CEO of K2-MDV Holdings, with responsibility for the MDV and K2 Sports business.

Alterra Mountain Company Names President & COO For Mammoth And June Mountain Resorts
Alterra Mountain Company announced that Ron Cohen, Esquire, current president and chief operating officer, Squaw Valley Alpine Meadows, would return to Mammoth Mountain and June Mountain as president and chief operating officer, effective immediately.

Dorel Enters Into New US$450 Million Credit Facility
Dorel Industries Inc. announced that it and several of its subsidiaries had entered into a new US$450 million senior secured asset-based revolving financing with institutional lenders led by the Bank of Montreal.

Sea To Summit Accelerates North American Growth; Adds Strategic Hires
Sea to Summit announced the addition of several new strategic hires within its North American team to accelerate the brand’s growth in its largest market.

Renfro Brands Acquired By The Renco Group
Renfro Brands, the sock manufacturer, announced new ownership with the private holding company, The Renco Group, Inc. Renfro’s brand portfolio includes Fruit of the Loom, Dr. Scholl’s, Merrell, Copper Defense, Smartwool, Hot Sox, and K. Bell.

Jack Wolfskin Appoints New Footwear President
Jack Wolfskin appointed Selim Say, former director of product and merchandising EMEA at Keen, to the newly-created position of vice president footwear.
OBIT: Kimber’s Chip McCormick
Chip McCormick, creator of 1911 pistols and triggers through his company, Chip McCormick Custom, has passed away.

Rusty Surfboards Names Director Of Operations
Rusty Surfboards appointed Matt Jones as the new director of operations.

Former Emerald Expositions CEO Joins Berkery Noyes
Berkery Noyes, a mid-market investment bank, announced that David Loechner had joined the firm as managing director. He was formerly president of Nielsen Expositions.

Former Tapestry CEO Invests In Moose Knuckles
Moose Knuckles, the Canadian luxury outerwear and sportswear brand, announced that Victor Luis, formerly Tapestry Inc. CEO, has become an investor and executive chairman.

Thor Industries Sees Q3 Sales Double
Thor Industries Inc. reported sales rose 105.7 percent for the third fiscal quarter ended April 30 as consumer and dealer demand for RVs remains strong.