SGB Update

Frasers Group Acquires Matches

Frasers Group, the parent of Sports Direct, agreed to acquire luxury e-tailer Matchesfashion, recently renamed Matches, for £52 million ($63 million).

Winnebago May See Tough Year Ahead as Fiscal Q1 Backlogs Fall 54 Percent

A 20 percent decline in revenues for the fiscal first quarter ended November 25 was said to be primarily driven by lower unit sales related to market conditions, product mix, and higher discounts and allowances compared to the prior-year quarter, partially offset by carryover price increases related to higher motorized chassis costs.

Canada Goose Appoints Co-President; Shuffles Other Executive Roles

Canada Goose appointed Beth Clymer to the newly created role of president, finance, strategy and administration, effective January 8, 2024. Clymer will oversee finance, people and culture, corporate strategy, and legal matters with those who drive these functions.

Peak Ski Appoints Director of Business Development and Special Projects

Peak Ski Company announced it promoted Catie Park to director of business development and special projects. Most recently, Park was the manager of Peak Ski’s retail operations. Andy Wirth, co-founder and CEO, launched Peak Ski Company, based in Bozeman, MO, in April 2022 with the former Olympic alpine ski racer Bode Miller and has since […]

Snow Peak to open first U.S. Campground

Snow Peak Long Beach Campfield, an extension of Japanese camping brand Snow Peak, will open in early 2024 as the brand’s first campground in the U.S.

Delta Apparel Settles with Activist Investor

Delta Apparel, Inc. agreed to appoint Timothy Brog as a new independent director to its board in a move that avoids a proxy battle with Forager Capital Management, an Alabama-based hedge fund management firm. 

KOA Survey Points to Interest in Winter Camping

Kampgrounds of America, Inc.’s Monthly Report for December 2023 found that approximately 33 percent of campers plan to camp in winter and 58 percent showed some interest, marking a shift toward embracing the outdoors during the colder months.

PrimaLoft Promotes Cavassa to CEO, Joyce to Retire

Compass Diversified appointed Anne Cavassa as CEO of its subsidiary, PrimaLoft Inc., effective January 1, 2024. This move follows Cavassa’s recent appointment as president and as former president and CEO, Mike Joyce, steps into retirement at year end.

Peloton Appoints New Board Member

Peloton announced the appointment of Chris Bruzzo, formerly a top executive at Electronic Arts, to its board of directors. Current Board member Jonathan Mildenhall will simultaneously step down from the board to focus on his expanding professional responsibilities.

RW Designs Acquired by Platinum Equity

Rainbow West Apparel (RW Designs), a private label house, was acquired by Platinum Equity portfolio company Hop Lun, a Hong Kong-based designer and manufacturer of undergarments and swimwear.