SGB Update Outdoor

GearJunkie Parent Acquires Pack Hacker

Pack Hacker’s focus on travel gear reviews and buying advice is expected to complement AllGear Digital’s brand portfolio covering outdoor sports, cycling, surfing, and other outdoor pursuits.

Phantom Glide Expands Sales Team in U.S. and Europe

“With the launch of Phantom Glide Nordic and the strong momentum we’re seeing with Phantom Glide sales, we jumped at the opportunity to add two veteran sales managers to the team.” —Steve Kropf, Senior Vice President, Sales, Phantom Glide.

KV Capital Merges Two Powersports Brands Via Acquisition

The company anticipates merging the UTV Canada business with Mountain Sports Distribution, the full-service powersports distributor that joined the KV Capital Fund II portfolio in 2023. Financial terms were not disclosed.

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.