SGB Update Sportsmans
Report: U.S. Discretionary Retail Spending Dips In 2022
The NPD Group is reporting that total unit sales of U.S. discretionary general merchandise in 2022 were 7 percent lower than the prior year, and sales revenue fell 2 percent.
Hodgdon Powder Company Adds R&D Chief
Hodgdon Powder Company tapped Steve Faintich as VP, research and development.
High Speed Gear Acquires BlackPoint Tactical
High Speed Gear reported it acquired BlackPoint Tactical, the manufacturer of custom, hand-crafted holsters headquartered in Alpharetta, GA.
NRF Adds Six Members To Board
The National Retail Federation (NRF) added six new members to its board of directors during its annual winter board meeting.
Retail’s Big Show Expanding To Asia Pacific In 2024
Retail’s Big Show is expanding to the Asia Pacific in 2024 with its annual conference and exhibition. Organizers expect it will draw thousands of retailers and business partners from across the region.
B.A.S.S. Adds EVP Of Sales And Business Development
B.A.S.S., which encompasses the Bassmaster tournament leagues, events and media platforms, hired Phillip Johnson as executive vice president of sales and business development.
Compass Diversified Divests Electronics Company Holding
Compass Diversified (CODI), which owns Velocity Outdoor, BOA, Marucci, Primaloft, 5.11 and others in the active lifestyle space, entered into a definitive agreement to sell its majority-owned subsidiary, Compass AC Holdings, Inc., the parent company of Advanced Circuits, Inc., to APCT, Inc., a manufacturer of printed circuit boards and the portfolio company of Industrial Growth Partners.
Kimber Names COO
Kimber, Mfg., Inc., the manufacturer of 1911 handguns and other firearms, hired Chris Klope as chief operating officer, succeeding outgoing COO Dennis Dougherty, who is transitioning to Kimber’s board.
Fernandez Holdings Acquires Kash CA, Names New President And CFO
Fernandez Holdings, Inc. (FHI) reported the acquisition of KASH CA, which includes the firearmsbrands of Freedom Munitions, Ammo Load Worldwide, X-Treme Bullets, as well as LAX Ammunition retail locations.
Powder Valley Closes On Pro-Motion Deal
Powder Valley closed on its acquisition of Las Vegas, NV-based Pro-Motion Distributing,a distributor of consumer and commercial products for the e-commerce market.
Venom USA Ammo Adds Head Of Sales For North America
Venom USA Ammo and Medef Defence has tapped Matt Nicholson as head of sales for North America.
Davidson’s Hires Call Center Sales Manager
Davidson’s hired Matt Bellitti as the sales manager of its Arizona Call Center.
Backbone Hires E-Commerce Director
Backbone hired Martin Mudry as e-commerce director, a new position at the company, to support its entrance into marketplace marketing across key third-party e-commerce platforms, including Amazon, Walmart, and others.
Wolverine World Wide Sees Q4 EPS At Low End Of Guide On Inventory Reduction Efforts
Wolverine World Wide, Inc. updated its outlook for fiscal 2022 revenue, earnings, inventory and net debt, reporting that the company expects the following preliminary and unaudited financial results as of December 31, 2022.
Streamlight Names Regional Sales Manager
Streamlight, Inc. hired Brice Silveria as regional sales manager for the company’s Federal/Military Division.
