SGB Update Outdoor
CODI Declares Second Quarter 2021 Distributions
Compass Diversified (CODI) has declared a quarterly cash distribution of 36 cents per share on the company’s common shares.
Patagonia Secures Multi-Year Infinna Supply
Patagonia signed a multi-year sales agreement for Infinna fiber, which is regenerated from textile waste by Infinited Fiber Company.
North Face To Discontinue Futurelight Logo After Legal Battle With Graffiti Artist
The North Face has decided to phase out and discontinue the use of its Futurelight logo following a trademark infringement lawsuit from Futura, the New York-based graffiti artist, over its design.
Clarus Completes Rhino-Rack Acquisition
Clarus Corp. completed the acquisition of Australia-based Rhino-Rack Pty Ltd. The company also amended and upsized its existing senior credit line.
Velofix Announces Direct Program Partnership With QuietKat Bikes
Velofix announced a new partnership in their Direct program with QuietKat, the e-bike manufacturer based in Eagle, CO.
Patagonia Recalls UPF Apparel
Patagonia issued a voluntary recall of products in two of its sun protection lines—Capilene Cool Daily and Tropic Comfort. The products do not meet the 50+ UPF (ultraviolet protection factor) rating.
Gymshark Founder Reclaims CEO Role To Oversee U.S. Expansion
Ben Francis, founder, Gymshark, is reclaiming his role as the chief executive in August as the company expands into the U.S. and Asia. The move comes four years after he stepped back from leading the brand.
Ridepanda Nets $3.75 Million In Funding
Online seller Ridepanda announced it received a combined $3.75 million in financing to support growth in e-bikes
Wolverine World Wide’s Debt Ratings Outlook Upgraded
Moody’s Investors Service upgraded Wolverine World Wide Inc.’s debt ratings outlook from negative to stable due to expectations of improved performance and credit metrics in coming quarters.
Timberland Partners With ReCircled
Timberland has partnered with ReCircled to support the upcoming launch of its global product take-back program.
Black Diamond Equipment To Open Store In Boulder
Black Diamond Equipment opens its doors to a new retail store on Pearl Street in Boulder, CO.
COVID-19 Lockdowns Impact Australian Trade
Kathmandu Holdings Ltd. (NZX/ASX: KMD) (Group) provided the following trading update today following the recent announcement of additional COVID-19 restrictions in New South Wales, Australia.
VF Corp Completes Sale Of Occupational Portion Of Work Segment
VF Corporation announced that it has completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, LLC, a diversified holding company.
Phunkshun Wear Hires Sales Manager
Phunkshun Wear, a Denver, CO-based company, has also hired Patrick Meehan as its new sales manager.
Bass Pro And Cabela’s Continue SCI Sponsorship
Bass Pro Shops and Cabela’s recently renewed their corporate sponsorship of Safari Club International.
