SGB Update Sportsmans

Lew’s Fishing Promotes Gary Remensnyder To CEO

Do Outdoors, LLC, also known as Lew’s Fishing, a leading supplier of branded fishing reels, rods, and related accessories, announced that Gary Remensnyder has been promoted to chief executive officer. Lynn Reeves will remain actively involved in the business as chairman

American Outdoor Brands Q4 Profits Slide

American Outdoor Brands Corp,, formerly Smith & Wesson, reported earnings on an adjusted basis declined 11.9 percent as lower gross margins offset a modest increase in sales.

Yeti Sues Three More Companies For Infringement

Yeti has filed lawsuits in the U.S. District Court in Austin against three more companies – RELYMedia, CreekFire and Nine Line Apparel – for selling items that are not unlike the Rambler tumbler that Yeti is known for, according to the Austin Statesman.

Remington Outdoor’s Debt Ratings Cut

Said Kevin Cassidy, senior credit officer at Moody’s Investors Service, “We feel that Remington’s capital structure is becoming unsustainable due to the uncertainty over its ability to refinance debt that comes due in less than two years.”

KL Outdoor-GSC Appoints CEO

KL Outdoor-GSC, a New Water Capital portfolio company, stated that outdoor sports and recreation industry veteran Charles L. “Chuck” Smith has been named chief executive officer.

Koenig Acquires Chamber-View Holdings

Chamber-View LLC., manufacturer of visual firearm safety products for shotguns, AR rifle platforms and pistols, has been acquired by X-Ring Productions LLC.

Sig Sauer Hires VP Of Marketing

Sig Sauer Inc., the maker of handguns, rifles, ammunition, electro-optics and other hunting accessories, hired Allen McCormick as VP of marketing.

Amazon Joins SFIA’s Board

The Sports & Fitness Industry Association (SFIA) shared that Amazon has joined the SFIA Board of Directors, to be represented by Fouzan Mansuri, director and category leader for Sports & Fitness at Amazon.