SGB Update Outdoor

EORA And NESR Merge

The merged organization will maintain two regional offices in Massachusetts and North Carolina while bringing together 660 reps into its combined membership.

Cherokee Sees Q2 Loss

Cherokee Global Brands reported revenues declined in the second quarter ended July 29 due to the exit of the Cherokee brand from Target that were only partly offset by revenues from new licensing deals for Hi-Tec.

Implus Expands Operations Into Canada

Implus, a provider of footcare, athletic, fitness, and outdoor accessories, announced the opening of Implus Canada, the company’s first sales and distribution center in North America outside of their U.S.-based corporate headquarters in Durham, NC

Synovus Receives Regulatory Approval To Complete Cabela’s Transaction

Synovus Bank, a wholly-owned subsidiary of Synovus Financial Corp., said it received regulatory approval from the Board of Governors of the Federal Reserve System to acquire certain assets and assume certain liabilities of World’s Foremost Bank (WFB), the credit card operation of Cabela’s Inc.

NRF Lowers 2017 Forecast Following Government Data Revision

The National Retail Federation adjusted its forecast for retail sales for 2017, saying sales are now expected to increase between 3.2 percent and 3.8 percent rather than the 3.7 to 4.2 percent forecast earlier this year.

Outdoor Recreation Report Provides Outdoor Recreation Roadmap

Outdoor Industry Association (OIA) released the State Funding Mechanisms for Outdoor Recreation report featuring case studies on seven states across the country that are investing in the public lands and waters that support the outdoor economy.

Newell Brands Cuts Outlook On Harvey Impact

Newell Brands announced that it is updating its 2017 normalized earnings per share guidance for the anticipated effects of Hurricane Harvey on its U.S. manufactured resin businesses, including increasing inflationary pressure through the third quarter.

O’Brien Watersports Acquires Assets Of Nash Mfg.

O’Brien Watersports has acquired substantially all of the assets of Nash Mfg., which produces watersports products under the Hydroslide brand name, pool and lake leisure products under the licensed brand name of Margaritaville and rotational molded coolers under the brand name Sub Z.