SGB Update Outdoor
Interior Dept. Announces Grants To Keep Waters Clean and Support Outdoor Recreation
U.S. Secretary of the Interior David L. Bernhardt has announced $32.8 million in grants – with an additional non-federal match of $21.9 million – for states and communities to support outdoor recreation and help boaters keep America’s waters clean.
Outdoor Edge Names New Marketing Director
Outdoor Edge has named Will Morgan as its marketing director. Morgan brings more than a decade of management and marketing experience to his new position at Outdoor Edge.
KORR Acquisitions Group Again Urges GoPro To Explore Sale
KORR Acquisitions Group Inc., a shareholder with a substantial position in GoPro Inc., sent a second letter to GoPro’s Nicholas D. Woodman, Chairman, Chief Executive Officer and founder of GoPro, and Kenneth Goldman, the company’s lead independent director, with copies to the Company’s Board of Director urging the Company to explore a sale.
REI’s Westminster Location Closes On Monday
REI is closing its store in Westminster, CO after failing to reach a new agreement with the Orchard Town Center’s landlord, according to the Denver Post.
The North Face And REI Pull Ads From Facebook
The North Face and REI both said they would temporarily stop buying Facebook ads in solidarity with calls for a boycott from civil rights organizations. Facebook and CEO Mark Zuckerberg have come under fire for allowing racist content and disinformation to propagate on the site.
Hudson To Open Sunglass Hut In-Store Shops
Hudson, the operator of more than 1,000 stores in airports and other commuter hubs across North America, unveiled its plans for in-store Sunglass Hut shop-in-shops as part of a new strategic venture with Luxottica Group.
Mercury Marine Named Preferred Engine Partner For Sting And Nordkapp Boats
Mercury Marine, a division of Brunswick Corporation, has entered into an agreement with Frydenbø to become the preferred engine partner of the company’s boat brands Sting and Nordkapp in all global markets.
Opkix Inc. To Acquire The PogoCam Brand
Opkix Inc., a Costa Mesa, CA.-based maker of tiny cameras and an integrated social content app, announced the acquisition of the PogoCam brand and its associated intellectual property, including its patent portfolio.
Target Bumps Starting Minimum Wage to $15/Hour, Adds Frontline Worker Bonus
Target will permanently raise its starting wage for U.S. employees to $15 per hour, commencing July 5, 2020. The move was announced with a range of updates and extensions to its pay and benefits programs.
U.S. Skier Visits Down 14 Percent for 2019/20 Season But Still Rank In Top Five
Skier visit numbers to U.S. ski areas totaled 51.1 million for the 2019/20 ski season, down almost 14 percent over the 2018/19 season, according to a report from The National Ski Areas Association (NSAA).
Emerald Releases Preparedness, Prevention And Response Plan
Emerald Holding, Inc., the parent of Outdoor Retailer, Surf Expo and other trade shows, announced its commitment to providing an elevated standard of health and safety protocols in preparation for the anticipated reopening of the company’s live events.
Fox Factory Holding Announces Pricing Of Upsized Common Stock Offering
Fox Factory Holding Corp. announced that it has priced its previously announced underwritten public offering of 2.4 million shares of the company’s common stock at a public offering price of $76.00 per share for gross proceeds to the company of $182.4 million.
Fasthouse Partners With Outdoor Gear Canada
Fasthouse, California-based soft goods brand for mountain bike and motorsport, has signed a multi-year distribution agreement for its mountain bike products in Canada with Outdoor Gear Canada (OGC), a leading supplier of cycling products.
Outdoor Gear Builders Appoints Executive Director
Outdoor Gear Builders of WNC (Western North Carolina), the first gear builder association in the outdoor industry, announced the appointment of Andy Williamson to the new executive director role.
Senate Passes Great American Outdoors Act
The U.S. Senate voted 73-25 to passed the bipartisan Great American Outdoors Act, landmark conservation legislation that fully funds the Land and Water Conservation Fund (LWCF) at a level of $900 million every year and addresses the approximately $20 billion maintenance backlog on federal public lands.
