SGB Update Outdoor
Gander Outdoors Store Closes In Paducah, KY
A Gander Outdoors location has closed in Paducah in Kentucky. By all indications, the store is the second Gander Outdoors location to close since Camping World began re-opening former Gander Mountain locations late last year under the updated name.
Accell Group To Explore Sale Of U.S. Business
In an update on its recently sharpened ‘Lead Global, Win Local’-strategy, Accell Group said it determined that the U.S. business is a non-core asset and management will explore a sale of the unit. Accell’s cycling brands sold in the U.S. include Raleigh, Diamondback and Redline.
Thule Group Acquires Rooftop Tent Maker Tepui Outdoors
Thule Group has announced the acquisition of rooftop tent maker Tepui Outdoors Inc. for $9.5 million. This acquisition will further enhance the Thule Group’s expanding portfolio of products focused on an active lifestyle.
Amer Sports’ Board Issues Statement Supporting Sale
The board of directors of Amer Sports Corp issued a statement providing detailed reasons behind its support of a sale of the company to a consortium led by China’s Anta Sports. The statement points to the major premium Amer’s shareholders will earn at the offering price and the benefits from partnering with Anta, including a “significant opportunity to accelerate the expansion of its businesses in the Chinese market.” Heikki Takala, president and CEO of Amer Sports, and his key executives are expected to continue leading the Amer Sports’ businesses.
Thule Group Appoints VP Global Purchasing
Nis Gjendal has been appointed vice president global purchasing and member of group management in Thule Group, based out of the Group Headquarters in Malmö, Sweden.
Clean Bottle Acquired By Investment Firm
Clean Designs LLC, the parent company of Clean Bottle, has been acquired by Split Peak LLC, a private investment firm based in Boca Raton, FL.
November Retail Sales Increase 5 Percent
November retail sales were up 0.7 percent seasonally adjusted from October and increased 5 percent unadjusted year-over-year, completing the first half of the holiday shopping season with spending on track to easily meet the National Retail Federation’s forecast, NRF said.
Sufferfest Appoints President
Sufferfest, the beer brewed by athletes, for athletes, named Chris Strain president, effective immediately. Most recently, Strain served as chief marketing officer for Camelbak, where he oversaw the hydration brand’s product and marketing teams.
Grassroots Connect Shifts Spring Dates To Support Outdoor Industry Calendar
Grassroots Connect, the twice-annual buying show of the Grassroots Outdoor Alliance, will shift their spring 2019 event dates one day earlier to support the outdoor industry calendar.
Vail CEO Gives $2 Million In Grants To Support Emotional Wellness Programs
Vail Resorts Inc. on Thursday announced that CEO Rob Katz and his wife, Elana Amsterdam, have contributed more than $2 million to support emotional wellness programs in nearly every mountain resort community in which Vail Resorts operates.
Boy Scouts May File For Bankruptcy
The Boy Scouts of America is considering filing for bankruptcy as it faces eroding membership and a ramp up in legal costs over how it handled allegations of sex abuse, according to a report in the Wall Street Journal.
Bankruptcy Court Approves Liquidation Sales At Performance Bicycle, Sets Auction For January
A bankruptcy judge has approved the store closing sales at all 102 Performance Bicycle locations, according to Bicycle Retailer. An auction to acquire the assets of Advanced Sports Enterprises, the parent of Performance Bicycle, was moved to mid-January from December 18.
Columbia Sportswear Announces Appointment of Peter Ruppe As VP Of Footwear
Columbia Sportswear Company announced the appointment of Peter Ruppe as Vice President of Footwear for the Columbia Brand. “Peter Ruppe is a true leader, bringing a unique combination of strategic and tactical thinking,” said Columbia Brand President Joe Boyle.
Therm-a-Rest’s Senior Product Developer Jim Marson Retires After 31 Years
Seattle-based Therm-a-Rest, the industry leader in premium outdoor camp comfort, on Wednesday announced the retirement of its senior product developer, Jim Marson, at the end of the year.
Go RVing Partners With Verde Brand Communications
Go RVing, the industry-leading vehicle-supported adventure platform, announces it will partner with Verde Brand Communications to support a range of public relations and digital marketing programs.
