SGB Update Sportsmans
GunBroker.com Parent Retains Law Firm to Investigate Past Practices; CFO Ousted
The company’s outside auditors have reportedly indicated that they are not prepared to rely on representation from the company’s management team from 2020 to 2023 until the investigation and all appropriate remediation, if necessary, is completed.
Thor Industries Taking Cautious Look Ahead as Fiscal Year-End Backlog Falls $3.37B
The company may be taking some solace in an improvement in gross margin for the fiscal fourth quarter ended July 31 because there wasn’t much else to hang its hat of in a very difficult year for the RV market, or high-end discretionary purchases, in general.
Dunlop Protective Footwear Gets New Majority Owner
The EQT Mid Market Europe fund has reportedly agreed to sell its majority stake in Dunlop Protective Footwear to Gilde Equity Management (GEM). Financial details of the transaction have not been disclosed.
B.A.S.S., LLC Appoints Chief Operating Officer
Executive Vice President Phillip Johnson was promoted to chief operating officer. Johnson has 25 years of experience in sales and operations management. He will continue to play a crucial part in ad and sponsorship sales, events and content.
BRP Expands Presence in Palm Bay, Inaugurates New Design & Innovation Center
The parent company of the Ski-Doo, Sea-Doo and Lynx power sports brands, has opened its Design & Innovation Center in Palm Bay, FL, continuing its regional expansion.
American Outdoor Brands Postponing Annual Meeting, Filing Revised Proxy Statement
The revised proxy statement will include a binding proposal to approve amendments to its certificate of incorporation, eliminating the requirement for supermajority voting for amendments to its certificate of incorporation and bylaws.
Yamaha U.S. Marine BU Appoints Product Management Division Lead
Miguel Avello leads the company’s Product Management Division, providing strategic direction and oversight of the marine product planning functions. He reports directly to Andrea Tetto, director, marine planning, Yamaha U.S. Marine Business Unit.
Canada Goose Signs Licensing Agreement with Marchon Eyewear
Canada Goose’s first eyewear collection will incorporate the brand’s signature design elements and performance features. Marchon will manufacture the pieces using sustainable materials, an essential commitment both companies made when inking the deal.
CamelBak Inks Licensing Deal for CamelBak Pro Work and Industrial Gear
Vista Outdoor Inc.’s Revelyst Adventure Sports product segment has inked a licensing deal with 5 Horizons, an accessories company for the work, outdoor and sporting goods markets, to launch CamelBak Pro’s line of hydration products to to enhance worker performance and safety through hydration.
SylvanSport Expanding Global HQ in the Blue Ridge Mountains
The global headquarters of SylvanSport in Brevard, NC, will reportedly grow by 40,000 square feet, led by the Transylvania Economic Alliance.
Lancer Systems Promotes Bill Lutton to Company President
Lutton has been with Lancer Systems for nearly six years, most recently as engineering manager. Prior to Lancer, Lutton served as VP engineering for O.F. Mossberg & Sons for nearly 13 years.
Anechoic Taps Schooler Outdoor Marketing as New Indie Sales Group
Schooler Outdoor Marketing officially launched in January 2023 when two long-standing manufacturer rep agencies—Outdoor Marketing Group and Schooler Associates—merged. The agency manages territories outside the 13 Western states.”
Far Bank Names Industry Vet as Director of North American Sales
Tom Larimer brings to Far Bank vast experience gained from a 30-year career in the fly fishing industry. His recent roles leading national sales teams and brand management operations include decades of guiding and retail experience and a background in product design and casting instruction.
New Backcountry Owner Taps Schottenstein Affiliates for $112M Financing Support
Schottenstein affiliates Second Avenue Capital Partners, SB360 Capital Partners and Ares Commercial Finance have closed on a $112 million Senior Secured Revolving Credit Facility and Term Loan for Backcountry.
The Lycra Company Publishes Latest Sustainability Update, Progress Versus 2030 Goals
The sustainability goals outlined in the company’s third annual report are structured around three pillars and align with five United Nations Sustainable Development Goals.
