SGB Update Sportsmans
American Outdoor Brands Launches Stock Buyback Program
American Outdoor Brands, Inc.’s Board of Directors approved repurchasing up to $10 million of the company’s outstanding common stock.
Salt Life is Subject of Unsolicited Acquisition Offer
The company said there can be no assurances as to the timing, terms or structure of a potential transaction or that a transaction will consummate.
SGB Media Reports Most Read Articles, Key Metrics for September 2023
SGB Media reported its Top 20 most-read articles, and the coverage included many of the usual big brands and a few companies that have been silent of late. The Top 5 included articles about Sportsman’s Warehouse, West Marine, Dick’s Sporting Goods, Amer Sports, and Asics Corp., with Academy, Champion and Nike seeing high readership.
Winchester Completes Acquisition of White Flyer Targets
Olin Corporation reported that it completed its previously announced acquisition of White Flyer Targets, a recreational trap, skeet, and sporting clay target maker based in Webb City, MO. White Flyer will be combined with the Winchester Ammunition business.
Leupold Names Director of Marketing
Leupold & Stevens, Inc. promoted Lucas Burt to director of marketing, effective immediately. Burt has worked for the manufacturer of sport optics since 2017 as brand creative director.
Salomon Hires President of Salomon Americas
Salomon hired Steve Doolan as president of Salomon Americas, effective October 23, leading the business from its regional headquarters in Ogden, UT.
RV Industry Association Elects Three to Board of Directors
Nine candidates were running to fill the three open Board seats in 2023. From that pool, the successful candidates for one RV Manufacturer seat, one Park Model RV Manufacturer seat, and one Supplier seat were elected.
Sportsman’s Warehouse Names New CEO
Sportsman’s Warehouse Holdings, Inc. appointed Paul Stone, a former executive at Cabela’s, as chief executive officer and president, effective November 1.
U.S. Consumer Confidence Slides to Four Month Low
The Conference Board’s Consumer Confidence Index dropped to a four-month low in September, weighed down by rising interest rates, still-high inflation and a stalemate over the federal budget in Washington.
Target Closing Nine Stores in Four Markets Due to Theft, Safety Concerns
Target said in a statement it is closing nine stores in four states, including one in East Harlem, NY, three in San Francisco, two in Portland, OR and two in Seattle, WA, suggesting that theft and organized retail crime have threatened the safety of its employees and customers.
Bote Opens Sixth Florida Retail Store
The brand opened its newest store in Jacksonville, FL, joining other Florida shops in Destin, Fort Lauderdale, Fort Walton Beach, Grayton Beach, and St. Petersburg.
RV Industry Association Sees Moderating Shipments Decline in August
The trade association’s August 2023 survey of manufacturers found that total RV shipments ended the month with 28,071 units, a decrease of 16.9 percent, and down 45.0 percent year-to-date.
Surf Hardware International Relocates Global Headquarters
Surf Hardware International relocated its global headquarters to Australia’s Coffs Harbour and is trading under the name of Gowings Pacific Trader.
Arcus Hunting Hires VP Sales, Director of Sales and Category Manager
Arcus Hunting, LLC hired Cory Utley as vice president of sales, leading sales and customer service. Ryan Ripp was hired as director of sales, managing key regions and accounts. Bill Wilson was hired to lead the product team as category manager.
AirForce Airguns Secures New Rep Group for Central U.S. States
AirForce Airguns tapped Tim Bailey and Associates for new sales representation in the central U.S., including Texas, Arkansas, Louisiana, Oklahoma, Minnesota, Wisconsin, Illinois, North Dakota and South Dakota.
