SGB Update Outdoor

Vail Resorts Reports Departure of Chief Marketing Officer

Ryan Bennett’s departure, which Vail said would be treated as an involuntary separation under the company’s executive severance policy, and the company expect to enter into a Severance Agreement and General Release with the now former CMO.

Vista Outdoor Removed from S&P CreditWatch After Ammo Business Sale

S&P Global Ratings removed the debt ratings of Vista Outdoor, Inc. from CreditWatch with negative implications following the company’s announcement that it planned to sell its sporting products business to Czechoslovak Group A.S for $1.91 billion on a cash-free, debt-free basis. 

Vail Resorts Reports Departure of Chief Marketing Officer

Ryan Bennett’s departure, which Vail said would be treated as an involuntary separation under the company’s executive severance policy, and the company expect to enter into a Severance Agreement and General Release with the now former CMO.

Vista Outdoor Hires General Counsel for Revelyst

Vista Outdoor, Inc. has hired Jung Choi as general counsel and corporate secretary for Revelyst, its Outdoor Products business, following the announced spin-off of its Outdoor Products segment into a standalone public company.

Camping World to Acquire Travelcamp RV

Camping World Holdings Inc. announced that it has agreed to acquire Travelcamp RV, which operates 12 locations across Florida, Georgia, North Carolina, South Carolina, and Texas.

Trail Creek Outfitters Sold to Kyle and Brett Havertine

Trail Creek Outfitters, with two stores in Glen Mills and  Kennett Square, PA, respectively, formally announced that Ed Camelli, co-founder, and Joanne Havertine, co-owner and wife of deceased co-founder Brian Havertine, have sold the business to her sons Kyle and Brett Havertine.

Hartford Sales Group Sees 18-Year Agency Vet Rejoin Team

Kevin Alexander has re-joined the Hartford Sales Group, covering the Greater L.A. and Las Vegas area for the award-winning agency. Alexander previously represented HSG’s performance running and outdoor lines from 2003 through 2021

Scheels to Build Second Texas All Sports Store in 2024

Construction on the new 240,000-square-foot All Sports store will begin early next year at CedarView in CedarPark, TX. The Cedar Park Scheels joins The Colony location which opened in a North Dallas suburb in 2020, expanding the company’s reach across the state.

National Retail Federation Survey Sees Uptick in Holiday Spending

A NRF survey found that consumers expect to spend $875 on average on holiday gifts, decorations, food, and other seasonal items this year, up 5.0 percent from $833 on average that consumers planned to spend in 2022 and in line with the average consumer holiday budget over the last five years.