SGB Update Outdoor
Bass Pro’s White River Marine Group Buys Boat Manufacturer Hatteras Yachts
White River Marine Group, the fishing boat builder owned by Bass Pro Shops founder Johnny Morris, has acquired Hatteras Yachts and announced a major investment in the brand.
Hoka One One Strengthens Marketing Team With New Hires
Hoka One One hired Norma Delaney as vice president, global brand marketing and Erika Gabrielli as senior director, Hoka global integrated marketing.
Sportsman’s Warehouse’s Q1 Comps Climb 24 Percent
Sportsman’s Warehouse Holdings Inc., which has reached an agreement to merge with Sportsman’s Warehouse, reported same-store sales in the first quarter ended May 1 jumped 24 percent with significant year-over-year profit gains. Said Jon Barker, Sportsman’s Warehouse CEO, “We continue to capitalize on elevated participation in outdoor activities.”
Amazon’s Prime Day To Be Held June 21-22
Amazon said its Prime Day sales event will be held June 21 and 22.
Mustang Survival Acquires Ocean Rodeo Dry Wear
Mustang Survival announced the acquisition of the Ocean Rodeo Dry Wear business. The dry wear solutions for action watersports and commercial marine will be merged into Mustang Survival’s Recreation and Professional dry wear assortment.
Anything Possible Brands Appoints CEO
Fishing tackle maker Anything Possible Brands announced the addition of John Weiss as its new chief executive officer. Weiss has held leadership roles in the fishing industry for more than 25 years including executive vice president of global brands for the Jarden Corporation (Pure Fishing) and president of Rhythm Inc.
Moncler Appoints Chief Brand Officer
Moncler announced the appointment of Gino Fisanotti in the newly created position of Moncler chief brand officer, effective June 7. Most recently, he served as Nike’s first brand creative officer.
Dick’s Sporting Goods Announces Grand Opening Of Seven Stores
Dick’s Sporting Goods announced the grand opening of seven new locations, including its second Dick’s House of Sport in Knoxville, TN on June 4, one relocated Dick’s Sporting Goods, two newly redesigned Golf Galaxy locations and three Warehouse Sale locations.
Alterra Mountain Company Names President
Alterra Mountain Company announced that Jared Smith had been selected as President effective June 7, 2021.
Clarus To Acquire Rhino-Rack
Clarus Corporation announced it has entered into a definitive agreement to acquire Australia-based Rhino-Rack Pty Ltd, a manufacturer and distributor of automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories, for an aggregate purchase price of U.S.$198 million.
L. L. Bean Family Honored By Maine Historical Society
Maine Historical Society honored the L. L. Bean Family with its 2021 Maine History Maker Award.
The Pro’s Closet Raises $40M In Series B Funding
The Pro’s Closet, an online seller of pre-owned bikes, closed a $40 million Series B funding round led by The Chernin Group with participation from existing investors Foundry Group, Edison Partners and Ridgeline.
Johnson Outdoors Welcomes Two Board Members
Johnson Outdoors Inc.announced the appointment of Annie Zipfel and Paul Alexander as independent directors to the company’s Board of Directors.
RECALL: Trek Bicycle Pedals
Trek is recalling 345,150 pairs of Bontrager Satellite City bicycle pedals because they could fall off the crank arm of the bicycle if installed incorrectly by the retailer during assembly.
Hibbett Sports Blows Past Wall Street’s Targets In Q1
Hibbett Sports significantly hiked its full-year guidance after reporting sales and earnings in the first quarter ended May 1 came in well ahead of Wall Street’s estimates. Mike Longo, CEO, said, “New customer retention, improved store level engagement, government stimulus, and access to coveted brand name products contributed to our comparable sales growth of 87.3 percent.”
