SGB Update Sportsmans
Vista Outdoors’ Debt Ratings Lowered To Negative Outlook
Moody’s Investors Service downgraded Vista Outdoors, Inc.’s outlook to negative from stable, and affirmed the company’s Ba2 Corporate Family Rating (CFR) and the Ba2-PD probability of default rating.
L.L.Bean Reports Flat Sales For 2016
L.L.Bean announced sales in 2016 were $1.6 billion, up slightly from the prior year. The L.L.Bean family and board of directors approved payment of a 3 percent discretionary cash performance bonus to approximately 6,000 eligible employees.
FeraDyne Outdoors Acquires Eastman Outdoors
Eastman Outdoors brands include Carbon Express, Gorilla Gear and Eastman Outdoors.
Wolverine Brand Appoints Sales And Marketing Leaders
Wolverine, the flagship brand of Wolverine Worldwide, appointed John Estes as vice president of global sales and Andy Shripka as vice president of marketing.
Canada Goose Goes Public
Shares of Canada Goose debuted above its projected range in its initial public offering and flew upward in its first day of trading.
Merrell Sets Work And Tactical Footwear Launch
Merrell said its first line of work and tactical footwear will be available exclusively on merrell.com beginning March 15, 2017 as well as at key retailers in the U.S.
Vista Outdoor Names New Treasurer
The company’s current Vice President, Controller and Treasurer, Thomas G. Sexton, has announced his intention to retire after a 31-year career.
Textile Exchange, NSF International To Create One Global Down Standard
The single down standard will combine and improve the attributes from each of the current standards, which will result in best practices that respect the treatment of birds throughout the down supply chain.
Umarex USA Names New President
Richard Turner is a 10-year veteran of Umarex USA and since 2006 served as vice president of sales and marketing.
LaserMax Names New CFO
Daniel Maier has more than twenty years of experience in operations, finance and accounting roles.
Ergo Grip Names New COO
Dennis Milinazzo was most recently operations manager.
Victorinox Swiss Army Appoints President Of North America
Hilary Hartley was most recently vice president of Oakley North America.
Gander Mountain To Close 10 Texas Stores
Gander Mountain will close 10 stores in Texas as part of its announced closing of 32 stores in bankruptcy proceedings. Multiple stores will also close in Alabama, Georgia, Illinois and Minnesota.
Gander Mountain Lands In Bankruptcy Court
Said Gander Mountain in a statement. “Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand resulting from increased direct-to-customer sales by key vendors and accelerated growth of e-commerce.”
Rocky Brands Appoints CFO
Rocky Brands Inc. announced that Thomas Robertson has been appointed chief financial officer of the company.
