SGB Update Outdoor

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.

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.”

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.

Eddie Bauer Exploring Sale

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

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.