SGB Update Sportsmans
NASGW Announces Annual Award Nominees
The National Association of Sporting Goods Wholesalers (NASGW), the association representing shooting sports wholesalers, manufacturers, and their trade partners, announced the nominees for this year’s NASGW Leadership Awards.
Canadian Tire Supports Getting Kids With Disabilities Active
Canadian Tire Corp. announced a $50 million commitment over five years to Jumpstart Charities, in order to give Canadian kids with disabilities greater access to sport and play.
Moody’s Downgrades Academy’s Debt Ratings
Moody’s Investors Service downgraded its debt ratings for Academy Ltd. due to the “highly promotional environment” for athletic apparel and weak demand for firearms and ammunition.
Interior Chief Urges Shrinking Four National Monuments In West
Ryan Zinke, the U.S. interior secretary, will recommend reducing the size of at least four of 27 national monuments, a leaked report states. The four monuments mentioned include the fiercely contested Bears Ears National Monument in Utah as well as Utah’s Grand Staircase Escalante, Oregon’s Cascade-Siskiyou and Nevada’s Gold Butte.
BRS Realizes Distribution Through Recapitalization Of BRS Outdoor Sports Holdings
Bruckmann, Rosser, Sherrill & Co. (BRS), the New York-based private equity firm, announced a distribution to its limited partners resulting from the recapitalization of Gamo Outdoor SL and Daisy Manufacturing Company and other related entities.
Buck Knives Appoints New Sales Heads
Buck Knives announced that Mike Silverberg has joined the company as vice president of sales and Chris Bourassa has been promoted to director of North American sales.
Sportsman’s Warehouse To Hold Grand Opening In Visalia, CA
Sportsman’s Warehouse is expanding its operations to include a new retail location in Visalia, CA.
Camping World Forms Partnership With Major League Baseball
Camping World Holdings announced a multi-year partnership with Major League Baseball. The agreement includes sponsorships with all its banners: Camping World, Gander Mountain, Overton’s, The House and Windward/W82.
Canada’s Wholesale Sports To Close
Wholesale Sports Canada Ltd. announced the orderly wind down and eventual closure of its 12 retail locations in the four western Canadian provinces, according to a statement from its parent United Farmers of Alberta Co-operative Ltd. (UFA).
RECALL: BTI Aftermarket Rifle Kit
Battenfeld Technologies Inc. (BTI) has announced a recall involving its M&P AR-15 Rifle Lower Parts Kit Complete, an aftermarket parts kit.
Monomoy Capital Completes Acquisition Of West Marine
Monomoy Capital Partners completed the acquisition of West Marine Inc. at a price of $12.97 per share or a total of approximately $337 million.
New York Partnership Highlights Hunting’s Economic Impact
Hunting is big business in New York. That’s the message local and regional leaders representing New York’s sporting and business communities are hoping the public will understand with a new partnership called Hunting Works For New York.
Under Armour Introduces Global Footwear Innovation Hub In Portland
Under Armour unveiled a new center for performance innovation in Portland, OR, bringing footwear design and development under one roof. The innovation hub includes a forward-looking biomechanics lab and performance training center for athlete testing.
Boot Barn Acquires Four-Store Boot Chain In Texas
Boot Barn Holdings Inc. completed a transaction to acquire the four-store operations of Wood’s Boots, Inc., a family-owned retailer based in Midland and Odessa, TX. The retailers also provided an update on the impact on hurricane damage.
L.L.Bean To Open its Third Illinois Store In 2018
L.L.Bean continues its national retail expansion with the opening of its third Illinois store, scheduled to open the fall of 2018.
