SGB Update

5.11 Opens Store In Downers Grove

5.11, the maker of tactical apparel and gear, recently opened a brick-and-mortar retail store in Downers Grove, IL. The location marks the brand’s 34th U.S. retail store opening and its 25th store opening in the past 18 months.

CODI $1.1 Billion in New Debt Financing

Compass Diversified Holdings (CODI) announced that the company has signed a credit agreement for a revolving credit facility totaling $600 million and a term loan facility in the amount of $500 million. CODI also announced that the company has closed the previously announced private offering of $400 million in notes.

Greats To Open Manhattan Store On April 20

Greats, the high-end sneaker start-up based in Brooklyn, is opening the company’s second store on April 20. The store will be located at the corner of Crosby and Broome in the SoHo section of New York City.

SurfStitch Acquired By Alceon Group

SurfStitch has been acquired by Alceon Retail Holdco Pty Ltd, a specialist advisory, investment and capital solutions firm who also own EziBuy Limited, a New Zealand-based apparel and homewares retailer.

Play It Again Parent’s Q1 Profits Improve

Winmark Corp. the parent of Play It Again Sports, announced net income for the quarter ended March 31, 2018 of $6.96 million, or $1.69 a share, compared to net income of $5.6 million, or $1.25, in the first quarter of 2017.

James Samuel Named President Of Canaima Outdoors

Canaima Outdoors, the umbrella company for Boulder-based brands Treepod – Hanging Habitats and Slackline Industries, has appointed James Samuel as president, effective immediately.

Bon-Ton Stores To Shut Down

The Bon-Ton Stores Inc. announced that the department store chain would close down after a liquidator submitted the top bid at a two-day bankruptcy court auction.

OIA Releases First-Ever Congressional-Level Outdoor Recreation Economy Report

Outdoor Industry Association (OIA) released congressional-level Outdoor Recreation Economy reports for all 435 congressional districts. These reports are the first of their kind that captures the power of a vast multi-billion dollar economic engine in our local communities and across the nation.