SGB Update Outdoor

OIA Praises Passage Of America’s Conservation Enhancement Act

The Executive Director of the Outdoor Industry Association (OIA), Lise Aangeenbrug, applauded the passage by the House of Representatives “America’s Conservation Enhancement Act” legislation reauthorizing wetlands conservation and officially establishing the National Fish Habitat program and that addresses threats from invasive species and chronic disease.

Grayl Expands U.S. Sales Footprint

Grayl has added both Freestone Sales Group and Alpine Cowboy sales group to increase it’s presence in the United States to complete its national coverage.

Amer Sports Announces Senior Management Changes

Amer Sports Corp., acquired last year by Anta Sports, said Heikki Takala has decided to resign from his role as president and CEO and will move into a role as a special advisor to the Board. Jie Zheng, Anta’s executive director and group president, has assumed Takala’s responsibilities.

Academy Sports + Outdoors Announces Pricing Of IPO

Academy Sports and Outdoors Inc. announced the pricing of its initial public offering of 15.63 million shares of its common stock at $13.00 per share. Shares were priced below the projected range of $15 and $17 a share. Shares of Academy’s common stock are expected to begin trading Friday under the ticker symbol, “ASO.”

Compass Diversified Declares Third Quarter Distributions

Compass Diversified announced that its Board of Directors has declared a quarterly cash distribution of 36 cents per share on the company’s common shares. The distribution for the three months ended September 30, 2020 and is payable on October 22, 2020 to all holders of record of Common Shares as of October 15, 2020.

Snow Peak Reschedules Grand Opening Amid Wildfires

Snow Peak has postponed the grand opening of its new U.S. headquarters and retail flagship in Portland, OR due to wildfires burning across the state. The event is rescheduled for the weekend of October 3.

Dick’s SG Announces Grand Opening Of 11 Stores, New Soccer Shops

Dick’s Sporting Goods will expand its national footprint with the opening of six Dick’s Sporting Goods stores, two combination Dick’s and Golf Galaxy locations and three Dick’s Sporting Goods Warehouse Sale locations in October. The retailer will also open a limited number of Soccer Shops, a new, shop-in-shop experience, starting later this month and host its first Loyalty Appreciation Week beginning October 5.

MarineMax Acquires SkipperBud’s

MarineMax Inc. announced the acquisition of SkipperBud’s and its affiliate, Silver Seas Yachts (collectively SkipperBud’s), growing its presence in the Great Lakes region and on the West Coast.