SGB Update Outdoor
Conzzeta AG Exploring Sale Of Mammut
Conzzeta AG said it has decided to explore sales offers for Mammut after deciding the company’s future focus will be on the Bystronic business unit. A sale is expected to be completed by the close of 2020.
Burley Beefs Up Product And Marketing Team
Burley, the specialist in transport gear, announced the addition of Katie Thompson as product development and manufacturing manager and Kim Marek as marketing manager to their team.
Pelican International Appoints New CEO
Pelican International Inc., the maker of kayaks, stand up paddleboards, canoes, pedal boats, and fishing boats based in Quebec, said Danick Lavoie has accepted the position of CEO.
RECALL: Trek Super Commuter+ 8S
About 2,840 Trek Super Commuter+ 8S bikes are being recalled, according to a statement from the U.S. Consumer Product Safety Commission.
Report: Kering In Talks To Acquire Moncler
Kering, the parent of Gucci and Balenciaga, is in exploratory talks to acquire the Italian skiwear brand Moncler, according to a report from Bloomberg.
Johnson Outdoors’ Q4 Revenues Leap 14 Percent
Johnson Outdoors reported a 14 percent jump in sales for the fourth quarter ended and 3 percent in the fiscal year ended September 27.
Astral Hires Rep For Southern Rockies
Astral, manufacturer of PFDs and footwear, appointed Mark Cohen to cover the Southern Rockies.
Marker Dalbello Völkl Appoints President
Marker Dalbello Völkl announced the promotion of Greg Grip to president of its U.S. subsidiary, following the recent retirement of long-time president Mike Noonan.
L.L.Bean To Open In Salem, NH
L.L.Bean announced its newest retail location in the Granite State will open in the fall of 2020. The L.L.Bean retail store will be located at Tuscan Village, a premier lifestyle destination in Salem, NH.
Christy Sports Finds New Equity Partner
Christy Sports, LLC announced that it has received a significant strategic investment from TZP Capital Partners III, L.P. TZP, a private equity firm based in New York City, acquired Norwest Equity Partners’ equity stake in the winter sports retailer.
MEC Facing Financial Struggles
MEC (Mountain Equipment Co-op) lost Canadian $11.5 million in the year ended February 24, 2019 after restructuring charges against income of C$11.7 million the prior year. According to a report from Canada’s CBC, Canada’s largest outdoor gear retailer’s sales have slowed due to heightened online competition.
Pure Fishing Appoints Dave Bulthuis President Of North America
Pure Fishing named Dave Bulthuis the new president of North America. Bulthuis is the former vice president of sales for Costa Sunglasses, where he served in a number of capacities since 2003.
Dick’s Raises Outlook On Robust Q3 Results
Dick’s Sporting Goods raised its outlook for the year after reporting third-quarter earnings handily topped Wall Street targets. Same-store sales increased 6.0 percent, representing the company’s strongest quarterly comp sales gain since 2013.
Adventure 16 Closing Remaining Two Doors
Adventure 16 announced plans to close its remaining two stores in West Los Angeles and San Diego.
Backcountry.com CEO Making Reparations Tour
Following a social media firestorm that erupted after news of Backcountry.com’s legal campaign to protect its trademark, Jonathan Nielsen, the online retailer’s CEO, has already visited a number of small businesses impacted by the trademark action and made numerous deals as reparation with the owners.
