SGB Update Sportsmans
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.
UPS Report: Online Shoppers Embracing In-Store Pickup
Half of U.S. shoppers who buy online ship to a physical store, according to UPS’s fifth annual Pulse of the Online Shopper study.
Arcus Hunting Acquires Trophy Taker
Arcus Hunting has completed its acquisition of Trophy Taker Inc., marking its fifth acquisition in the archery space since November 2014…
Duluth Trading Logs Another Record Quarter
Duluth Holdings Inc. reported net sales increased 20.8 percent to $68.6 million in the fiscal first quarter ended May 1 and affirmed its plans to continue opening stores across the Midwest. The Belleville, Wis. company, which does business as Duluth Trading Co., said net sales increase was driven by 17.5 percent growth in direct net […]
Firearms Background Checks Slide in May from April
The Federal Bureau of Investigation reported a 13 percent drop in firearm background checks in May compared to the prior month but above year-ago levels.