SGB Update Sportsmans

Dick’s Destroying Unsold Assault Rifles

Dick’s Sporting Goods is destroying the company’s inventory of unsold assault rifles in the wake of the decision to quit selling the firearms.

RECALL: L.L.Bean Knives

About 600 knives sold by L.L.Bean are being recalled, according to a press release from the  U.S. Consumer Product Safety Commission.

Columbia Sportswear To Acquire Remaining Interest In China Joint Venture

Columbia Sportswear Company announced the intent to acquire the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture that the company currently operates in China with Swire Resources Limited, a subsidiary of Swire Pacific Limited.

Firearm Background Checks Bounce Back In March

Last month saw the most gun-related background checks run by the Federal Bureau of Investigation of any March on record, apparently sparked by concerns over heightened gun-control legislation following the Parkland, FL shooting.

CODI’s Debt Ratings Downgraded

Moody’s Investors Service downgraded Compass Group Diversified Holdings LLC’s Corporate Family Rating (CFR) to B1 from Ba3 for the company’s proposed refinancing of existing credit facilities.

Sellmark Corp. Announces Promotions

Sellmark Corporation promoted Jeff Murray to executive vice president of sales and Carl Stout to territory team senior sales manager.