Kent Watersports Rebrands To Kent Outdoors, Acquires BOTE And Kona Bicycles
Seawall Capital, the private equity owner of Kent Watersports, announced the company’s rebranding to Kent Outdoors and the acquisition of BOTE and Kona Bicycles. It said the rebranding and acquisitions would help the company better serve America’s growing interest in the great outdoors on and off the water.
Cap America Hires Sporting Goods National Sales Manager
Cap America Inc. has hired Tim Nixon as its sporting goods division national sales manager.
361 Degrees Sees High-Teens Growth In Fourth Quarter
361 Degrees International, Ltd. reported retail sales of 361º core branded products for the fourth quarter of 2021 recorded high-teens growth compared to the same period of 2020.
NextLinks Founder Returns As CEO
NextLinks, the indoor golf stadium operator, announced that Dave Shultz had been named CEO and would remain Chairman of the Board.
Dick’s SG Closes $1.5 Billion Debt Sale
Dick’s Sporting Goods, Inc. announced the closing on January 14, 2022, of its previously announced offering of $750 million of 3.15 percent senior notes due in 2032 and $750 million of 4.1 percent senior notes due 2052.
Sportsman’s Warehouse’s Reports Flat Sales Over Holiday Period
Sportsman’s Warehouse, Inc. reported net sales in the eight weeks ended December 25 were $299.6 million, which was flat versus the comparable eight weeks of fiscal year 2020. Compared to the same eight-week period of fiscal year 2019, net sales increased 59.3 percent from $188.1 million.
Ecco Sko A/S Appoints CEO Ecco USA
Ecco Sko A/S appointed Tom Berry as president & CEO, Ecco USA. Berry assumes the responsibility of this new role immediately.
Simms Promotes From Within To Leadership Team
Simms Fishing Products announced promotions from within to its leadership team.
Kohl’s Reaffirms Strategic Progress Following Activists Calls For Sale
Kohl’s responded to a call by Activist Investor Macellum Advisors to explore strategic options, including a sale, by reporting that its recent results showed the retailer is making strong progress with its transformation plan and that it’s open to further discussions with Macellum.
Peloton To Hike Prices
According to a banner notice on its website, Peloton will charge customers a $250 delivery and setup fee on some of its bike models and a $350 delivery and setup fee for some of its treadmills.
Clarus Appoints General Manager Of Rhino Rack USA
Clarus Corporation appointed Greg Heichelbech to the new role of general manager of Rhino Rack USA.
TheDrop Taps Nike Veteran To Lead Global Merchandising
TheDrop.com, a streetwear and sneaker online marketplace, announced that Scott Keating has joined the company’s management team as chief merchandising officer. He was most recently global sales and brand director for Nike SB.
Grundéns Expands Partnership With Major League Fishing
Grundéns renewed and expanded its sponsorship of Major League Fishing.
Kohl’s Urged By Activist Investor To Make Changes Or Explore Sale
Activist hedge fund Macellum Advisors said on Tuesday Kohl’s should explore strategic options, including a sale, if the retailer does not improve business to boost its stock price.
SHOT Show Holding Its Largest Show
The 44th Annual SHOT Show, being held at The Venetian Expo and Caesars Forum from January 18-21 underwent an expansion that makes this year’s show its largest venue. Show organizers said more than 2,400 companies will exhibit in the 800,000-square-foot exhibit space.
