Mainstream Holdings Buys Hawk Group
Mainstream Holdings, Inc., the owner and manufacturer of prominent brands Muddy, Big Game and API Outdoors, announced the acquisition of Hawk Group, LLC, a leading supplier of ladder stands, hang-ons, accessories and crossbows operating under the Hawk and Killer Instinct brands.
Trump Weighs Rejoining Trans-Pacific Partnership
President Donald Trump has directed his top economic and trade advisers to look into re-entering the Trans-Pacific Partnership. The move would come a little over a year after withdrawing the U.S. from the the multilateral trade agreement in one of his first acts as president.
GoPro Stock Climbs After Report Of Acquisition Interest
Chinese electronics firm Xiaomi might make a bid for GoPro, according to The Information.
Oofos Launches First Global Campaign
Oofos, the maker of recovery footwear, announced its first global brand campaign, titled “Recover Faster. Feel the OO.”
Sports & Fitness Product Industry Exceeds $90 Billion In Sales
SFIA’s 2018 Manufacturers’ Sales Report shows sales in the sports and fitness industry grew 2.9 percent in 2017, which represents the best annual growth in three years.
Huffy Introduces IBD-Only Batch Bicycles
One year after it launched its reinvigorated Huffy Service Center program, Huffy Bicycles CEO Bill Smith today announced the company’s newest IBD-centric initiative: Batch Bicycles, an original bike line to be sold exclusively through independent bicycle dealers in the United States.
Outdoor Retailer Snow Show Dates Moving To Last Week In January Beginning 2019
Outdoor Retailer announced that dates for future Outdoor Retailer Snow Shows will move into the last week of January beginning in 2019 and will remain in the last week of January through 2022.
Unifi To Acquire National Spinning’s Dyed Yarn Unit
The acquisition is expected to enhance Unifi’s position as a leading producer of dyed staple and filament yarn in the region, and will add acrylic and wool products to the company’s dyed yarn portfolio.
The Buckle’s Comps Slide In March
The Buckle Inc. announced that comparable store net sales for the 5-week period ended April 7, 2018 decreased 1.1 percent
Bank of America To Stop Lending To Makers Of ‘Military-Style Firearms’
Bank of America announced that it will no longer finance manufacturers that make military-style guns like the AR-15.
Puma Lifts FY Outlook On Double-Digit Q1 Revenue Growth
Puma slightly raised full-year guidance for 2018 after reporting strong preliminary results for the first quarter. Sales rose approximately 21 percent on a currency-neutral basis in the quarter.
Starboard Nominates Four For Newell Board
Starboard Value LP, the activist hedge fund seeking to replace Newell Brands’ board, charged in a letter to Newell’s shareholders that Newell entered into a “hastily constructed” agreement with famed investor Carl Icahn that may lead to Newell electing directors to the board who are weaker than its own nominees.
Academy Sports Opens Stores In Shreveport And Madison
Academy Sports + Outdoors opened new stores in Shreveport, LA and Madison, MS.
Camping Popularity Grows With Addition Of 6 Million New North American Campers Since 2014
More than 6 million new North American households have adopted the camping lifestyle since 2014, with the number of campers who camp three times or more each year – the most avid group of campers – having increased by 64 percent, according to the results of the 2018 North American Camping Report by KOA.
Zumiez’s March Comps Climb 12.6 Percent
Zumiez Inc. announced, that total net sales for the five-week period ended April 7, 2018 increased 14.7 percent to $82.3 million, compared to $71.7 million for the five-week period ended April 1, 2017.
