SGB Update Sportsmans
Gander Mountain Retains Houlihan Lokey In Review Process
The privately-held firm said it issued the statement because “recent speculative news articles” had caused concern among its partners.
MC Sports Files For Bankruptcy
MC Sports, the Michigan-based sporting goods chain, filed for Chapter 11 bankruptcy Tuesday. The company is moving to hold liquidation sales at all of its 68 locations, but will use the reorganization to seek a rushed alternative funding or to find a buyer that might keep the stores open.
ComScore Reports 18 Percent Jump In Online Holiday Spending
Online buying on desktop computers grew 13 percent while mobile spending (smartphones and tablets) was up 45 percent.
Dick’s To Open Store In Cedar Park, TX
The retailer currently has three other Dick’s Sporting Goods locations in Austin.
L.L.Bean To Open Store In Cape Cod
L.L.Bean plans to open its fourth store in Massachusetts in Mashpee.
Report: Gander Mountain Exploring Restructuring
Gander Mountain Co. is reportedly preparing for a debt restructuring in bankruptcy proceedings, sources told Reuters.
Rocky Brands Plans To Appoint Internal Candidate CFO
Rocky Brands Inc. stated that based on its evaluation of candidates for the position of chief financial officer it expects to make an internal hire by early March.
ISPO Munich 2017 Draws Record Attendance
ISPO Munich 2017, held from February 5 to 8, saw a record of more than 85,000 trade visitors, an increase of approximately 6 percent over last year’s total of 81,368.
SOG Knives & Tools Promotes Two To Key Management Positions
SOG Specialty Knives & Tools promoted Patrick Carland to vice president of sales and Chris Cashbaugh to senior director of marketing.
Buck Knives Appoints Rep Of The Year
Buck Knives awarded its “2016 Sales Rep. of the Year” to Matt Hicks of Tackett Brothers, Inc. during the recent 2017 SHOT Show in Las Vegas.
Vista Outdoor Reports Steep Q3 Loss
Vista Outdoor Inc. reported a net loss of $377.7 million, or $6.44 a share, in its third quarter ended January 1, dragged down by a goodwill charge of $449.2 million.
Under Armour Receives Backlash Over Trump Comments
Under Armour is facing a social media backlash and boycott threats after CEO Kevin Plank on CNBC described President Trump as “an asset.” The brand’s biggest endorser, Stephen Curry, also expressed his dismay over the comments.
Mammoth Coolers Appoints Schooler Associates As Southwest Reps
Mammoth Coolers, a provider of rotomolded coolers, drinkware and accessories, appointed Schooler Associates as its new sales agency of record for Texas, Arkansas, Louisiana and Oklahoma.
Sportsman’s Guide Launches Firearms Compliance Solution
Sportsman’s Guide has introduced a cloud-based firearms compliance solution to streamline the firearms compliance process in its retail outlet store.
L.L.Bean Responds To Trump’s Travel Ban
Wrote L.L.Bean CEO Stephen Smith in an internal e-mail, “Recent national policy changes, while dominating the headlines and sparking a wide-range of opinion, are also creating confusion and concern within our family of great employees.”
