SGB Update Sportsmans
Wolverine World Wide Re-Aligns Brand Structure, Leadership
Wolverine World Wide, Inc. is reorganizing its brand group structure into the Active, Work, and Lifestyle Groups and appointed new leadership for each group.
Ammo Manufacturer Sees Exit Of Board Member
Scott Ferguson, managing partner of Sachem Head Capital Management, has resigned from the Olin Corporation Board of Directors.
Yakima’s Global Organization Structure To Accelerate Growth, Increase Collaboration
Yakima announced, effective immediately, that Ryan Martin, CEO of the Americas Region, had increased responsibilities to drive strategic direction and growth in Australasia (Australia, New Zealand, Pacific Islands) and EMEA (Europe, Middle East, Africa).
Compass Diversified Sees Q3 Adjusted Earnings, Pro Forma Sales Up 15 Percent
Compass Diversified, the parent company to a number of active lifestyle brands, including BOA, 5.11, Primaloft and Velocity Outdoor, among others, posted $597.6 million in net sales in the third quarter, up 22 percent compared to $488.2 million in the third quarter of 2021.
Patagonia’s Next Chapter
Patagonia announced new ownership today, nearly 50 years since Yvon Chouinard founded the business. Effective immediately, the Chouinard family has transferred ownership to two new entities—Patagonia Purpose Trust and the Holdfast Collective, with every dollar that is “not reinvested back into Patagonia be distributed as dividends to protect the planet.”
Big Rock Sports Announces President
Big Rock Sports, LLC and parent company Peak Global Holdings, hired David McCartney as president of Big Rock Sports.
Outdoor Prolink Announces New Hires And Promotions
Outdoor Prolink New Hires And Promotions include Melissa Hess, Andrew Brookens, Kelly Knauf, and Jessica Villaire,
Mystery Ranch Adds Director Of Product
Mystery Ranch hired Dana 3 Gleason as director of product. He is the son of Dana Gleason, Jr., company co-founder.
Stanley Hires Global Vice President, Brand Marketing
Stanley announced it hired Jenn Reeves as global vice president of brand marketing.
Filson Appoints President
Filson, the Seattle-based outdoor and apparel manufacturer, announced the appointment of Neil Morgan as president of the company.
Luxury Retail’s Momentum Continues Into 2022
Despite record inflation and a plunging stock market, the rebound in luxury spending seen in 2021 has continued into 2022, according to recent reports from Bain and Bank of America (BOA).
Apex Ammunition Hires Director Of Marketing
Apex Ammunition announced that Kile Jones had joined the company as director of marketing.
Sportsman’s Warehouse Fiscal Q1 Profits Contract as Comps Shrink 11.6 Percent
Sportsman’s Warehouse Holdings, Inc. reported that fiscal first-quarter net sales were $309.5 million for the 13-week period ended April 30, 2022, a decrease of 5.3 percent compared to the $327.0 million year-ago period. Adjusted diluted earnings per share were 5 cents compared to adjusted diluted earnings per share of 28 cents for the comparable 2021 quarter.
Wilson Combat Acquires New Ultralight Arms
Wilson Combat has acquired the assets of New Ultralight Arms, LLC, based in Granville, WV.
Obit: B.A.S.S. Founder Ray Scott, Father Of Modern Bass Fishing
Ray Scott, considered the Father of Modern Bass Fishing, passed away on May 8. He was was 88 years old.
