SGB Update Outdoor
Johnson Outdoors Announces Increase In Cash Dividend
Johnson Outdoors Inc. announced approval by the company’s Board of Directors of a quarterly cash dividend of 14 cents per class A share and 12.73 cents per class B share.
Association of Outdoor Recreation and Education Assumes Ownership Of Outdoor Nation Campus Challenge Program
With support from the Outdoor Industry Association (OIA) and specifically the Outdoor Foundation (OF), the Association of Outdoor Recreation and Education (AORE) will assume ownership of the Outdoor Nation Campus Challenge (ONCC) in the fall of 2018 and will work alongside OF staff to seamlessly transition assets, knowledge and resources.
Businesses Unite As Conservation Program Faces Expiration
The Conservation Alliance and Outdoor Industry Association released a letter Monday signed by more than 280 outdoor-focused businesses and organizations asking Congress to permanently reauthorize the Land and Water Conservation Fund (LWCF) with full and dedicated funding.
NSAA Hires National Marketing And Communications Director
The National Ski Areas Association (NSAA) has named Adrienne Saia Isaac to the newly formed position of marketing and communications director. Isaac brings relevant ski area perspective to the role, having served as marketing and communications manager at Arapahoe Basin, CO, for the past six years.
Light & Motion CEO Discusses Tariffs On NPR
Daniel Emerson, CEO of Light & Motion, was interviewed on Monday by Audie Cornish on the National Public Radio program, All Things Considered. The story is about the third round of United States’ tariffs on China that started Monday. Emerson said the tariffs “tax U.S. production, but give a free pass to our China-built competition.”
OIA Endorses Martin Heinrich
Outdoor Industry Association (OIA) announced the association’s endorsement of U.S. Senator Martin Heinrich for reelection, due in large part to his tireless support for New Mexico’s public land and water and the state’s nearly $10 billion outdoor recreation economy, along with the 99,000 jobs it supports.
2018 Interbike Innovation Award Winners Announced
The second annual Interbike Innovation Awards were decided at Interbike 2018. Winners of Road Product Innovation include the Bianchi E-Aria, Reform Road Saddle, Hope RX4 Disc Brake and Pioneer CA600 Computer.
Boulder Cycle Sport Merges With Boulder Nordic Sport
Boulder Cycle Sport and Boulder Nordic Sport, two Boulder-based retail leaders, announced the merger of their business operations.
Moody’s Downgrades Academy’s Debt Ratings
The downgrade of the term loan reflects the company’s lower estimated recovery rate as a result of the recent asset-based revolver upsize. At the same time, the affirmation of the CFR and PDR reflects Moody’s view that while leverage is likely to remain elevated, Academy’s good liquidity provides the company with flexibility to turn around its operating performance.
Elevator Group Merges With True North Brand Group
Elevator Group, a strategic and creative agency known for launching brands and product lines. and True North Brand Group Inc., specializing in launching products, brand awareness and measurement, are merging to form Elevator North.
Earth Treks And Planet Granite Announce Parent Company, El Cap
Earth Treks Climbing and Fitness and Planet Granite Climbing, Yoga and Fitness on Monday announced the change of their corporate name to El Cap Holdings LLC.
Peak Resorts To Acquire Snow Time For $76 Million
Peak Resorts Inc., which owns and operates 14 branded U.S. ski resorts, announced Monday that the company has entered into a definitive agreement to acquire privately held Snow Time Inc. for $76 million. Snow Time owns and operates three ski resorts in Pennsylvania: Liberty Mountain Resort, Whitetail Resort and Roundtop Mountain Resort.
Camping World’s RV Owner Organization, the Good Sam Club, Reaches Two Million Member Milestone
Camping World Holdings Inc. announced that the company’s RV and outdoor lifestyle organization, the Good Sam Club, has surpassed the Two Million Member mark. The Good Sam Club will celebrate this record-breaking milestone September 24-30 at all Camping World, Gander Outdoors and Overton’s retail locations nationwide.
Pirelli Names PR Agency Of Record in United States And Canada
Pirelli, the Italian tire manufacturer, hired Sasquatch Agency as the company’s public relations agency of record for all cycling products within the United States of America and Canada.
Mystery Ranch Introduces Inge Perkins Scholarship Fund
Mystery Ranch has established the Inge Perkins Scholarship Fund in memory of the deceased female rock climber.
