SGB Update Outdoor
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.
Camping World To Acquire Hilmerson RV In Minnesota
Camping World Holdings Inc. announced the expansion of its business presence in the Minnesota market with an agreement to acquire Hilmerson RV in Little Falls.
MarineMax Acquires Cruiser Yachts
MarineMax has purchased Cruisers Yachts of Oconto, WI, which builds boats from 33’ (10.06 m) to 60’ (18.29 m).
GCI Outdoor Acquired By MacNeill Pride Group
MacNeill Pride Group (MPG) has acquired GCI Outdoor (GCI), the designer of portable outdoor recreation equipment. MPG’s brands include ORCA, PrideSports, CHAMP, Pride Golf Tee and Professional Tee System.
Bogs’ Sales Climb 32 Percent In First Quarter
Weyco Group, Inc. reported North American wholesale sales for the Bogs outdoor brand rose 32 percent in the first quarter of 2021, as consumers continue to spend more time outdoors during the pandemic. Bogs also saw strong online sales.
Berghaus Appoints Global Brand Director
Berghaus has appointed Charlie Pym as its global brand director responsible for global product and marketing for the brand. He joins Berghaus from the cycling category, having been the marketing director of McLaren’s Pro Cycling program, which launched Team Bahrain McLaren.
