SGB Update Outdoor
China Hits U.S. With Food Tariffs
China raised import duties on a $3 billion list of U.S. pork, apples and other products Monday in retaliation for the Trump Administration’s tariffs on steel and aluminum.
REI To Sponsor Dirt Fest Pennsylvania
Rotating Mass Media announced REI as a sponsor of Dirt Rag Dirt Fest Pennsylvania 2018. This partnership highlights the continuing convergence of the cycling and outdoor industries.
Tender Corporation Recognized By The American Red Cross
Tender Corporation, a manufacturer of insect repellents and bite treatments, has been formally recognized by the American Red Cross for the company’s support of relief efforts following one of the most destructive hurricanes ever to strike Puerto Rico.
Patagonia Blog Entry Rails Against National Monument Reductions
In a scathing blog entry on the company’s website entitled “The President Stole Your Land and You Were Lied To,” Patagonia called the president’s reductions of the Bears Ears and Grand Staircase-Escalante National Monuments “nothing more than a political favor.”
Netshoes’ Sales Climb 1.9 Percent In Q4
Netshoes Ltd., the Latin American online retailer of sporting and lifestyle goods, reported a reduced loss in the fourth quarter as sales increased 1.9 percent.
Vista Outdoor Names Chief Financial Officer
Vista Outdoor Inc. named Miguel “Mick” Lopez as the company’s senior vice president and chief financial officer.
Gander Outdoors Opens In Gastonia, NC
The 42,000-square-foot store will be one of six Gander Outdoors retail locations in North Carolina.
Fenix Outdoor Acquires Royal Robbins
Switzerland-based global outdoor apparel and equipment company Fenix Outdoor International AG has acquired U.S.-based outdoor and travel apparel company Royal Robbins. Terms were not disclosed.
Camping World Secures Third Amendment To Its Credit Facility
Camping World has secured a third amendment to its credit facility that reduces its interest rate and increases the term loan facility by $250 million.
Optic Nerve Eyewear Partners With The Colorado Rockies
The deal makes the independent company the official sunglasses and goggle partner of the Colorado Rockies.
Sportsman’s Warehouse’s Q4 Earnings Slide On Margin Pressures
Sportsman’s Warehouse Holdings Inc. reported fourth-quarter earnings on an adjusted basis slid 20 percent and missed guidance due to “an elevated promotional backdrop and a tax-reform driven investment in our associates.” Same-store sales sunk 4.5 percent, in line with guidance.
Interbike Partners With Pro Cyclist Peter Stetina’s Sierra Prospect Event
Interbike, the largest bicycle industry trade show in North America, announced that the Stetina’s Sierra Prospect (SSP) road rally-style Gran Fondo will take place during the Northstar Free-Ride Festival, powered by Interbike, from September 14 to 16, 2018.
Old Town Canoe & Kayak Joins Live Outside And Play Tour
Old Town, the maker of watercraft products, announced that it will join the 2018 Live Outside and Play Tour; a seven-month excursion to the country’s top outdoor hot spots led by the Blue Ridge Outdoors and Elevation Outdoors Road Team.
Accell Acquires Beeline Bikes
Accell North America (ANA) announced the acquisition of Beeline Bikes, the mobile channel expansion solution that delivers a turn-key sales, service and data acquisition solution tailored for Independent Bicycle Dealers (IBDs).
OBIT: Spy’s Seth Hamot
Former Spy CEO Seth Hamot passed away March 22 after an 18-month battle with lymphoma. Hamot was chairman of Spy’s board of directors and served as CEO from 2015 until late 2017
