Revelyst Inc. Acquires GolfLogix, Adds App to Golf Tech Portfolio
Revelyst has acquired GolfLogix, a golf course mapping company, with plans to integrate the technology into its golf platform, which includes Foresight Sports, Bushnell Golf and PinSeeker. GolfLogix’s Co-founders, Scott Lambrecht and Pete Charleston, will remain with Revelyst post-acquisition.
CNBC/NRF Report Sees June Retail Sales Trends Moderate; Sporting Goods Sector Accelerates
Growth in the Clothing, Footwear and Accessories store sector decelerated from the prior-month trend. The category that includes Sporting Goods stores was up 8.5 percent y/y unadjusted in June after an 8.2 percent y/y gain in May.
ITC Rules Insta360 Infringed on GoPro Patents
GoPro, Inc. said a U.S. judge with the International Trade Commission has ruled that Insta360, a Chinese-based maker of action cameras, broke federal law with products that infringe GoPro’s intellectual property covering GoPro’s iconic Hero camera design.
Bass Pro to Host Grand Opening for Clifton Park Store
A highlight of the store is its 12,000-gallon aquarium featuring freshwater fish native to the region. The store has also tailored its inventory to serve the freshwater fishermen in the area.
Survey: Americans Changing Purchasing Decisions on Potential Impact of Tariffs
Nearly eight in ten (77 percent) respondents believe tariffs will impact their household finances, with 41 percent noting it has already hurt their wallets, according to a survey of 1,000 U.S. adults by the market research firm Savanta.
Adobe: Amazon Prime Day Drives 30.3 percent Rise in U.S. Online Spending
The Prime Day sale that ran for four days from Tuesday, July 8 to Friday, July 11 helped boost online spending sales across all Uretailers in the U.S. by 30.3 percent to $24.1 billion, according to Adobe, Inc., which tracked the activity, topping its estimate for 28.4 percent growth for the period ending July 11.
Arcus Hunting Partners with Smith & Wesson on Defense Spray License
Arcus Hunting signed a definitive agreement to manufacture and market a line of Smith & Wesson-branded personal defense sprays, including bear spray and pepper spray products, set to launch at retail in Fall 2025.
Revelyst Consolidates Golf Brands Under One Platform
The company launched the Revelyst Golf Technology platform, which consolidates its golf brands, including Foresight Sports, Bushnell Golf and PinSeeker, under one integrated identity.
Padel Haus Raises $7M In Funding Round
The Brooklyn-based padel club operator, has raised $7 million in a Series B funding round to accelerate the company’s expansion. By year’s end, it aims to operate 40 courts and reach 120 courts and more than 20 wholly owned locations by 2027.
Recall: Giant Bicycle’s Momentum Vida E+ E-Bikes
Giant Bicycle has reported in a voluntary recall that the fork steerer tube on the affected bikes could crack, break or separate during use, posing a fall hazard. Giant Bicycles has received four reports of broken fork steerer tubes, with no reported injuries.
Recall: Ozark Trail Water Bottles Sold at Walmart
Walmart said it received three reports of consumers who were injured when struck in the face by a lid forcefully ejected from these bottles upon opening. Two consumers suffered permanent vision loss after being struck in the eye.
Marsh Wear Clothing Opens First Store
Marsh Wear Clothing has opened its first store in its hometown of Charleston, SC, as the outdoor lifestyle brand celebrates its 15-year anniversary.
Blacktusk Outdoors Acquires Lucky Strike Bait Works
Toronto-based Blacktusk Outdoors has acquired the Lucky Strike fishing lure brand. Plans are underway to reinvest Lucky Strike in product design, expand into new categories and increase reach across North American and international markets.
Nike, Inc. Appoints New Converse CEO
Aaron Cain, a 21-year company veteran, was named the new CEO of Converse. He replaces Jared Carver, who is stepping down after serving as CEO for two years.
MeatEater to Open Store in Wisconsin
MeatEater, the hunt & fish specialty retailer, announced plans to open a store at The Corners of Brookfield in Wisconsin, representing its second store. MeatEater’s flagship store opened in April 2024 near its headquarters in downtown Bozeman, MT.
