SGB Update Outdoor
MyTheresa Files For IPO In U.S.
German online luxury retailer MyTheresa Group GmbH’s parent company MYT Netherlands Parent B.V filed for an initial public offering in the U.S.
LuckyGunner Announces Ownership Change
LuckyGunner, LLC (LG) announced that it has recently been fully divested by Mollenhour Gross, LLC and has joined 2A Group, LLC, a private investment company solely owned by Jordan Mollenhour.
VF Corp. Completes Acquisition Of Supreme
VF Corp. announced that it has completed its previously announced acquisition of Supreme, the streetwear brand, for an aggregate base purchase price of $2.1 billion.
Taubman Centers Approves Merger With Simon Property Group
Luxury mall owner Taubman Centers, Inc. announced that its shareholders at a special meeting approved a merger agreement between Taubman Realty Group and the biggest mall owner in America Simon Property Group
Bass Pro’s Planned Acquisition Of Sportsman’s Warehouse Seen As Credit Positive
Moody’s Investors Service said that Bass Pro Group, L.L.C’s planned acquisition of Sportsman’s Warehouse Holdings Inc. for approximately $800 million is a credit positive, but has no impact on the company’s ratings or outlook.
Dorel Postpones Special Shareholders Meeting
Dorel Industries Inc. announced that its Board of Directors is postponing a Special Meeting to vote on its going-private transaction to give Dorel shareholders additional time to consider the terms and conditions of the proposed deal.
Mastercard: Holiday Retail Sales Grew 3.0 Percent
According to Mastercard SpendingPulse, holiday retail sales, excluding automotive and gasoline, increased 3.0 percent this expanded holiday season, running from October 11 through December 24. Notably, online sales grew 49.0 percent compared to 2019, the preliminary insights show.
SHOT Show Education Sessions Move Online; Registration Open
NSSF, the trade association for the firearm industry, announced that registration is open to attend the SHOT Show’s “On Demand” educational offerings, including SHOT University, Retailer seminars and its Import/Export webinar series.
From Our Family To Yours …
Warmest thoughts and Best Wishes for a Wonderful Holiday and a very Happy New Year. Wishing you and your families the gifts of the season — Peace, Joy and Hope. SGB Media
November 2020 RV Shipments Up 43 Percent
The RV Industry Association’s November 2020 survey of manufacturers found that total RV shipments finished the month with 42,513 units, an increase of 43.4 percent from the 29,644 units shipped in November 2019 and the highest shipments for the month of November.
Dick’s SG Location In Kingsport To Close
Dick’s Sporting Goods will close its location in Kingsport, TN on January 3, according to a report from WYCB-TV.
RYU Apparel Closes Private Placement
RYU Apparel Inc. announced that it has closed its previously announced follow on non-brokered private placement financing that has resulted in gross proceeds of Canadian $1.1 billion.
Bass Pro To Acquire Sportsman’s Warehouse
Bass Pro Shops has reached an agreement to acquire Sportsman’s Warehouse for $18.00 per share in cash. Sportsman’s Warehouse CEO Jon Barker, said in a statement, “This merger brings together the greatest brands in the outdoor industry.”
REI To Close Settlers Ridge Location In Pittsburgh
REI plans to close its Settlers Ridge store in Pittsburgh permanently after 11 years.
The Conservation Alliance Announces New Members
The Conservation Alliance welcomed 14 new member organizations adding to its list of more than 250 companies committed to the organization’s message of conservation and the protection of North America’s wild places.
