December 30, 2021

An Everest Guide Just Won a Legal Battle over a Canceled Summit Attempt

In September 2019, Himalayan guide Garrett Madison called off a summit attempt on Mount Everest, telling clients that an ice block hanging over the route made it too dangerous. The following March, one of the clients on the expedition, Zac Bookman, sued Madison for $100,000 for breach of contract and...

December 30, 2021

Helen of Troy Completes Acquisition Of Osprey Packs

Helen of Troy Limited announced the successful completion of its previously announced acquisition of Osprey Packs, Inc, for $414.7 million in cash, which includes the impact of a $5.3 million favorable customary closing net working capital adjustment. SGB Media

December 29, 2021

Climashield Sold to Private Equity Firm

Crown Capital Investments (CCI), an Atlanta-based private equity investment firm, has acquired Climashield to its manufacturing portfolio of companies. Headquartered in Clinton, Tenn., Climashield is a manufacturer and developer of continuous filament insulation. With global distribution to military and outdoor recreation brands, Climashield products offer “thermal efficiency and durability.”  Inside...

December 28, 2021

Vista Outdoor Announces Acquisition of Stone Glacier

ANOKA, Minn., Dec. 28, 2021 -- Vista Outdoor Inc. (NYSE: VSTO), a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, today announced the acquisition of Stone Glacier, a premium brand focused on ultralightweight, performance hunting gear designed for backcountry use. The addition of Stone Glacier...

December 23, 2021

Lazydays Holdings, Inc. Announces Leadership Transition

TAMPA, Fla., Dec. 23, 2021 -- Lazydays Holdings, Inc. ("Lazydays" or the "Company") (NasdaqCM: LAZY) today announced that William P. Murnane is stepping down as Chairman and CEO. Robert DeVincenzi, currently lead independent director of the Lazydays Board, will assume the role of Interim CEO on January 1, 2022. Christopher Shackelton, a current director on the Board,...

December 23, 2021

SOG Specialty Knives Acquired by GSM Outdoors

With its buyout of SOG Knives, the outdoor giant expands its specialty blade, multitool, and EDC offerings. GSM Outdoors continues to grow in breadth and depth. This week, the hunting and shooting sports specialist keeps that trend going by acquiring SOG. Gear Junkie

December 23, 2021

Under Armour, Columbia Facing Headwinds

Under Armour and Columbia were downgraded by market analysts Stifel, highlighting the challenges facing the sports category. Analyst Jim Duffy lowered the two brands from “Buy” to “Hold” — while lowering Nike’s price target but maintaining its “Buy” rating. The analyst foresaw short-to-mid-term concerns limiting the upside of both brands....

December 20, 2021

Recycled Down is Here to Stay

Mason, OH /OUTDOOR SPORTSWIRE/ - Downlite Outdoor, a market leader in responsibly sourced down fills, has been selected as a trusted partner for recycled down jacket collections for leading brands such as Patagonia, Ralph Lauren, and Banana Republic. Collections are being released for the 2021 and 2022 seasons. As momentum...

December 20, 2021

Cotopaxi Launches Into Strategic Growth Trajectory With Inspiring New Hires

Salt Lake City, UT. (Dec. 20, 2021) /OUTDOOR SPORTSWIRE/ - Outdoor brand and B Corp, Cotopaxi, is proud to announce the addition of seven key staff members to its leadership, signalling the start of a strategic growth direction for the benchmark-setting impact-driven brand. New to the team as of late...

December 17, 2021

Meet the First 2 Heli-Skiing Operators in the World to Go Carbon-Neutral

Last year, a small company in British Columbia was the first heli-skiing operator to go carbon-neutral. Now, there’s a second carbon-neutral heli-skiing team on the scene. In September 2020, Bella Coola Heli Sports achieved the impressive and the improbable — it became the first heli-ski operator in the world to...