SGB Update Outdoor

Ecco Outdoor Adds Rep Coverage

Ecco has added sales rep groups in four key territories to further expand its business in the outdoor and athletic specialty category. The announcement follows the appointment of Erik Walcott as global head of specialty sales.

North Point Brands Hires Sales Veteran

North Point Brands, based in North Adams, MA, announced the hiring of Scott Doty as the wholesale and custom sales operative of both Cheeky Fishing and Wingo Outdoors. Doty comes from Korkers Footwear.

Ugg’s Flagship Store Opens In NYC

Ugg’s new flagship store, located at 530 Fifth Avenue in New York City, opened today. A subsidiary of Decker Brands the concept store is the first for Ugg in the Big Apple with a  12,842-square-foot store that showcases its collections of footwear, ready-to-wear, accessories, and home.

Alterra Mountain’s Debt Ratings Downgraded

Moody’s Investors Service downgraded Alterra Mountain Company’s corporate family rating (CFR) to B2 from B1 and probability of default rating (PDR) to B2-PD from B1-PD.

GSM Outdoors Acquired By Gridiron Capital

GSM Outdoors, a portfolio company of Sentinel Capital Partners, L.L.C., has been acquired by Gridiron Capital, LLC. Terms of the transaction were not disclosed.

Camping World Declares Special Dividend

Camping World Holdings Inc. announced that its Board of Directors declared a cash dividend of $1.00 per share on the company’s Class A Common Stock and a cash distribution of 29 cents per common unit on CWGS Enterprises, LLC’s common units.

Sally McCoy Joins Sea To Summit Global Leadership Team

Sea to Summit welcomed Sally McCoy to its global leadership team. McCoy accepted the newly created position of Executive Chair of Sea to Summit and will assume responsibility for the brand’s global strategy and expansion.

Target Posts Robust Q3 Profit Gains

Target Corp. announced its third quarter 2020 financial results, which reflected continued, robust growth in both sales and profitability. Comparable sales grew 20.7 percent.

Kind Bars Acquired By Mars

Mars Inc. will acquire Kind North America, the maker of Kind bars and one of the country’s largest snack food companies.Terms of the deal were not disclosed, but the New York Times cited sources who said the deal values Kind NA at $5 billion.

Exped USA Appoints Midwest Sales Team

Exped USA announced the addition of Parallel 45 Sales Group as brand partners. The Parallel 45 Sales Group will oversee strategy, sales and service in North Dakota, South Dakota, Nebraska, Missouri, Iowa, Illinois, Minnesota, Wisconsin, and Michigan’s Upper Peninsula.

Strava Announces $110 Million Financing

Strava announced that it has raised $110 million in a Series F financing round led by TCV and Sequoia Capital, with participation by Dragoneer Investment Group and existing investors including Madrone Capital Partners, Jackson Square Ventures and Go4it Capital.