SGB Update Outdoor
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.
Winnebago’s Debt Ratings Outlook Upgraded
S&P Global Ratings revised its outlook on Winnebago Industries Inc. to positive reflecting the possibility S&P will raise its rating on Winnebago if the demand for RVs remains strong through the first half of fiscal year 2021.
Orvis Appoints Chief Product Officer
Orvis announced that Reenie Benziger has been named chief product officer. Prior to Orvis, Benziger served as VP, global apparel at Nike.
Grassroots Outdoor Alliance Adds New Retail Members
Grassroots Outdoor Alliance announced the addition of 10 new retail members as well as strong Q3 and Q4 results. The new additions bring the organization to 94 retailers with 195 total doors nationwide.
Dorel Industries Warns Of Supply Chain Delays
Dorel Industries Inc. provided an update on its financial guidance indicating that all three of its segments are continuing to deal with supply chain challenges, creating delays and incremental costs that it expects will extend into 2021.
Fox Factory Welcomes Board Member
Fox Factory Holding Corp. announced the appointment of Sidney Johnson as a director on its Board of Directors.
Thor Announces Acquisition Of Luxury RV Manufacturer Tiffin Motorhomes
Thor Industries Inc. announced the acquisition of Tiffin Motor Homes, Inc. and related companies for $300 million.
Outdoor Research Appoints VP Of People And Culture
Outdoor Research has hired Brett Kruse to its leadership team this week. Kruse joins OR as its new Vice President of People and Culture where he will lead HR initiatives.
Burton Adds Board Member
Burton welcomed Selema Masekela to its Board of Directors.
Hillsound Equipment Expands Presence In Western Canada With Addition To Sales Team
Hillsound Equipment has partnered with Pro Line Sports Ltd to further its distribution of products in the Western Canadian markets.
Dick’s SG Partners For Same-Day Delivery
Dick’s Sporting Good and Instacart announced that the companies have partnered to launch same-day delivery from more than 150 stores.
Winnebago Industries Q1 Sales Climb 35 Percent
Winnebago Industries Inc. reported sales grew 34.8 percent in the first quarter ended November 28 and 22.0 percent excluding the acquisition of Newmar. Net earnings more than tripled.
Astral Names New Rep For Texas Region
Astral said Stephen Seaton will represent the footwear brand across Texas, Arkansas, Louisiana and Oklahoma.
