SGB Update Sportsmans
Daisy Outdoor Products Acquired by Private Equity
Daisy Outdoor Products has been acquired by Bruckmann, Rosser, Sherrill & Co. (BRS), a New York-based private equity firm.
Brunswick Acquires Boat Builder Thunder Jet
Brunswick Corporation acquired boat maker Thunder Jet, a maker of heavy-gauge- aluminum (HGA) boats that had sales of approximately $20 million last year.
Gamo Outdoor Acquires Maker Of Daisy Air Guns
Gamo Outdoor SL and its US subsidiary, which are affiliates of the private equity firm BRS, have acquired Arkansas-based BB gun maker Daisy Outdoor Products.
Dick’s SG Acquires Sports Authority Name
Dick’s Sporting Goods purchased the Sports Authority’s brand name and other intellectual property at a bankrtuptcy auction.
Modern Meadow Raises $40MM Series B Round
Modern Meadow, the biofabrication company that grows animal-free leather made from living cells, announced a $40 million Series B round of financing led by Horizons Ventures and Iconiq Capital…
Mountain Khakis Catches Some Slack
Mountain Khakis named Jennifer Slack senior product developer in another sign of its growing commitment to expand its men and women’s apparel.
Vasque Names Pinnacle Sales Agency of the Year
Vasque trail footwear honored New England-based Pinnacle Outdoor Group as its 2016 Sales Agency of the Year.
Under Armour Pushes to Overshadow Nike Earnings with New Innovation Center
Under Armour opened the doors to its new beehive for manufacturing and design innovation, dubbed the UA Lighthouse, in a strategic move to pull the spotlight from Nike’s fiscal fourth quarter earnings.
Modell’s and Sports Direct Fail To Make Sports Authority Bid
Modell’s Sporting Goods and Sports Direct International missed the deadline to make a bid for Sports Authority’s leases. Dick’s Sporting Goods reportedly put in a bid to acquire 17 leases.
Toyota Backs Yakima’s Road Warrior Program
Yakima Products Inc. has partnered with Toyota to present its Road Warrior Program, which provides dealer training during more than 75 cycling, outdoor and automotive consumer events across North America.
Academy Sports to Open Three Stores
Academy Sports and Outdoors announced the opening of stores in Little Apple, KS; Jackson, TN; and Weatherford, TX.
U.S. Forest Service Outlines Steps to Update Recreation Permitting Process
Agriculture Secretary Tom Vilsack and U.S. Forest Service Chief Tom Tidwell announced steps to make it easier for outfitters, guides, schools, non-profits and other partners to take groups out to enjoy outdoor activities on national forests and grasslands.
Newell Brands Exit from Some Brands to Slow Jarden’s Growth
Newell Brands Inc. said plans to jettison product lines with $250 million in annual sales over the next two to three years will slow core sales at Jarden Corp. in fiscal 2016…
Gun Stocks Rally Following Orlando Massacre
Shares of Smith & Wesson Holding Corp and Sturm Ruger & Co. on Monday rose sharply in the wake of Sunday’s mass shooting at an Orlando gay nightclub, which left at least 50 dead.
Gander Mountain Hires Softlines Executive
Gander Mountain announced that Jeff Csuy will join the company this month as Senior Vice President of Softlines Merchandising and Product Development.
