SGB Update Outdoor

Werner Riethmann Departs Active Management of Lowa

After more than 30 years, Werner Riethmann left active management of Lowa Sportschuh GmbH at the end of December 2023. He will remain with the Bavarian hiking and mountain boot specialist as a shareholder with a 20 percent share and in an advisory capacity.

EXPLORE Act Passes Out of Committee, Heads to House Vote

ORR and its members celebrated the milestone and is urging swift passage of the EXPLORE Act through the full House and Senate, for the benefit of public lands, waters, and the communities that thrive because of them.

Vaude Appoints New Chief Financial Officer

With new CFO Melissa Wach and CEO Antje von Dewitz, the management team is now 50 percent female. Women hold prominent positions across the board in leadership roles at Vaude, constituting approximately 45 percent of executive positions.

BRP, Inc. Amends, Extends Term Loan Facility

The parent of the Ski-Doo, Sea-Doo and Lynx power sports brands successfully amended and extended a substantial portion of its term loan facility, effectively extending U.S. $1,000 million of debt maturities from 2027 to 2031.

Weber Cooks Up Global AR Facility with KKR

The initial $200 million facility is collateralized by certain accounts receivables of Weber in the U.S. and international markets, with subsequent closes of up to $100 million across European markets expected in the first half of 2024.

Sportsman’s Warehouse Appoints Chief Retail Officer

Craig McNair brings strong leadership experience in the outdoor specialty retail space, having worked in key roles at Academy Sports + Outdoors and Cabela’s, Inc., where he was responsible for large regions of stores.

RV Industry Association Promotes Atkins to VP Finance

Since 2019, Wayne Atkins has directed the day-to-day operations of the Association’s Finance team and managed the financial operation of the business entities across the RVIA, Go RVing, and the RV Technical Institute.

Vail Resorts Adjusts Guidance After Rough Start to Season

Season-to-date total skier visits were down 16.2 percent through January 7, compared to the prior-year STD period through January 8, 2023. Season-to-date total lift ticket revenue, including an allocated portion of season pass revenue for each applicable period, was up 2.6 percent.