SGB Update Outdoor

Academy Sports Opens Store In Paducah, KY
Academy Sports + Outdoors opened its first location in Paducah, KY, its ninth store opening this year.
OIA Study: Outdoor Recreation Bolsters Colorado’s Economy
Outdoor recreation generates $28 billion in consumer spending annually for the state of Colorado while contributing 229,000 jobs and $2 billion in state and local tax revenue, according to a ‘sneak peek’ of the Outdoor Recreation Economy State Report released by the Outdoor Industry Association (OIA).

Camber Outdoors Unveils Pitchfest 2017 Sponsors And Partners
Now in its third year, Pitchfest will be funded in part by The REI Foundation’s Mary Anderson Legacy Grant. This year’s event will also be co-sponsored by Perkins Coie and Backcountry, and through a partnership with Brandlive, Pitchfest 2017 will be live streamed for wider exposure.

Taking Off The Training Wheels With Strider
Strider founder Ryan McFarland spoke with us about how the company’s revolutionary learn-to-ride concept was born.

Icebug Footwear Hires Rocky Mountain Rep
Ellen Brown will cover Colorado, New Mexico, Utah and Wyoming.

Canada Goose Prices Secondary Offering
Canada Goose Holdings Inc. announced the pricing of the public secondary offering of 12.5 million subordinate voting shares to be sold by certain existing shareholders, including Bain Capital and certain members of the company’s management, at a price to the public of U.S.$20.75 per share.

Sports Basement Opens Store In Santa Rosa
Sports Basement on June 28 opened its eighth store in the Santa Rosa Marketplace in Santa Rosa, CA. The store was a former Sports Authority location.

Activist Investor Demands Sale Or Merger Of Deckers Brands
In a letter to Deckers board, Marcato said that if if Deckers’ strategic review process does not culminate in a sale of the company at an attractive value to all shareholders, Marcato “will be prepared to seek significant Board change at the company’s next annual meeting by nominating a slate of director candidates to replace the entire Board.”

Thule Recognized For Environmental Stewardship
Thule Group has been honored for its environmental stewardship at the seventh annual event held at the Beardsley Zoo in Bridgeport, CT.

Hong Kong’s Revolutionary Bike Share
GoBee Bike, Hong Kong’s first cashless and station-free bike sharing service, operates via a smartphone app that allows users to locate a bike, unlock it and ride it to the destination of their choice.

Bass Pro Names New President For Boat Division
Bass Pro Shops appointed Les Crawford as the new president of White River Marine Group, which until now was known as Tracker Marine.

Eddie Bauer Exploring Sale
Eddie Bauer hired Guggenheim Partners LLC and Financo LLC to explore strategic alternatives, including a sale, multiple sources told Reuters.

Burley Design Partners With Riteway Products Japan
Burley will expand its existing presence in Japan through this partnership, as well as growing its independent bike dealer base.

Osprey Packs Supports Himalayan Stove Project
The pack manufacturer became the latest outdoor gear manufacturer to support the Himalayan Stove Project (HSP), a seven-year effort to deliver clean-burning, fuel-efficient cookstoves to the people of Nepal.

ABG Acquires Frye Brand
Authentic Brands Group LLC (ABG) acquired a 51 percent stake in Frye, the American heritage brand, from Global Brands Group Holding Limited.