SGB Update Outdoor
U.S. Ski & Snowboard Partners With Rack Attack
U.S. Ski & Snowboard announced a new partnership with Rack Attack, a retailer of vehicle rack solutions. Rack Attack will be named the Official Rack Retailer of the U.S. Ski Team, U.S Snowboard Team, and U.S. Freeski Team
Clarus Corp. Announces Proposed $85 Million Convertible Senior Notes Offering
Clarus Corporation announced it has commenced a public offering of $85 million aggregate principal amount of convertible senior notes due 2026.
Recall: Jakks Pacific Morfboard Skate & Scoot Scooters
About 162,300 MorfBoard Skate & Scoot Combo scooters with “Y” handlebars from Jakks Pacific are being recalled.
Black Diamond-Parent Sees Mid-Single Q3 Revenue Gain
Clarus Corp said it expects sales growth for the third quarter to range from 5 percent to 6 percent as triple-digit gains at Sierra Bullets offsets a slight decline at Black Diamond.
Mammut Records Modest Growth In Q3
Conzetta Group’s said its Outdoor segment, which consists entirely of Mammut brand, saw “slight growth” in the third quarter, recovering from declines seen earlier in the year due the pandemic.
PeopleForBikes Highlights Progress On Section 301 Tariffs
PeopleForBikes, with the assistance of their nearly 300 member companies, saved the bike industry more than $130 million in Section 301 tariffs since September 2018. Section 301 tariffs represent additional duties paid on nearly all imported goods from China.
Academy Sports’ Debt Ratings Upgraded By Moody’s And S&P
Academy Sports’ debt ratings were upgraded by Moody’s Investors Service and S&P Global Ratings following the retailer’s proposed refinancing and debt redemption amid the recent IPO and good operating performance.
RVshare Secures Funding
RVshare announced a more than $100 million fundraising round led by KKR, with participation by existing investor Tritium Partners.
Winnebago Industries Announces Strong Fourth Quarter
Winnebago Industries Inc. reported adjusted earnings per share rose 45.0 percent in the fourth quarter ended August 29 on a 39.1 percent revenue gain.
K2 And SkiEssentials.com Take The Pain Out Renting For Parents
K2 and SkiEssentials.com have partnered to create an online, season-long lease program and home delivery service for parents to outfit their junior skiers and snowboarders with gear at a fraction of the cost of buying new.
Goldwin Opens First European Flagship Store
Goldwin opened its first retail store in Munich, Germany.
Pelican Products Hires Chief Information Officer
Pelican Products Inc. appointed Lance Ralls as its chief information officer.
SOL Paddle Boards Appoints Executive Director Of Operations
SOL Paddle Boards hired Chris Johnson as the brand’s executive director of operations.
4FRNT Skis Acquired By Investor Group
4FRNT Ski Company was acquired by a group of private entrepreneurs: Charlie Johnson, Will Armenta and Ebi Lange.
Clarus Announces Quarterly Dividend, Reinstates Cash Payment
Clarus Corporation announced that its board of directors has reinstated the company’s quarterly cash dividend.
