Ammo’s Top Investor Seeks Board Control, Nominates Seven New Directors
Ammo, Inc.’s largest investor, Urvan Group, wants to take control of the ammunition manufacturer’s Board and boost the firm’s profit through growth in e-commerce of firearms, outdoor sporting and related goods.
Huish Outdoors Named Distributor For Suunto North America And Caribbean
Huish Outdoors announced its latest partnership with Suunto to distribute the Suunto Outdoor line in the U.S., Canada and the Caribbean.
Revved Industries Names President And CEO
Revved Industries, a provider of thermoplastic carbon technology to the bike industry, named Rob Wesson as president and chief executive officer.
Saks.com Raises More Capital
Saks.com announced that it has upsized its existing asset-based revolving credit facility arranged by Bank of America, N.A. increasing borrowing capacity from $350 million to $450 million.
Camping World Acquires Clear Creek RV Center Dealerships
Camping World Holdings, Inc. continues to expand its footprint in Western Washington after signing an agreement to acquire the Clear Creek RV Center dealerships located in Silverdale and Puyallup, WA.
Rally House Opens Two Stores
Rally House opened its first store in the Columbus, OH market and another in the St. Louis area.
Report: Outdoor Voices Exploring Sale
Outdoor Voices is exploring financial options, including a potential sale, sources told Business Of Fashion.
REI Employees Vote To Unionize At Berkeley Store
Employees at REI’s Berkeley, CA, location voted to become the chain’s second unionized store. Earlier this year, REI’s store in Manhattan unionized.
Dick’s House of Sport To Open In Upstate New York
Dick’s Sporting Goods plans to open a Dick’s House of Sport location at the Oakdale Mall in Johnson City, NY. The 140,000-square-foot location is expected to be the retailer’s largest.
Under Armour Extends Partnership With University of Massachusetts Lowell
The UMass Lowell Athletic Department has extended its partnership with Under Armour and All Sports Heroes through 2027.
EXEC: Athleta’s Sales Slump On Athleisure Softness
Athleta’s same-store sales slumped 8 percent in the second quarter due to a demand shift from athleisure to occasion and work-based categories as well as some fashion miscues on spring/summer product. On an analysts’ call, Bobby Martin, interim CEO of Athleta’s parent, Gap Inc., remained confident Athleta would return to its mid-teens growth target.
The British Footwear Association Names New Chair
The British Footwear Association has named Jane Wilson as Board chair, succeeding Robert Perkins, who held the position for more than four years.
KOA Reports 25M Households Plan To Camp Over Labor Day Holiday
The Kampgrounds of America (KOA) Monthly Research Report, August Edition, indicates that just over 25 million households plan to camp over the Labor Day Holiday. Continuing the camping demand, KOA’s annual North American Camping Report, released in April, forecasted a strong shoulder season.
Ammo, Inc. CEO Letter To Shareholders Outlines Separation Of Company Segments
Ammo, Inc. provided a letter to shareholders from CEO Fred Wagenhals to provide further insight regarding the company’s previously announced plan to separate its ammunition and marketplace segments into two independent publicly-traded companies.
Flojos Hires National Sales Manager
Flojos, the manufacturer of sandals, hired Ryan Whitcomb as the national sales manager. Whitcomb has eleven years of sales management experience, most recently with Electric Eyewear.
