Vista Outdoor's board of directors again unanimously recommended shareholders vote in favor of a deal with Czechoslovak Group (CSG) and rejected a competing final offer from MNC Capital, according to documents filed with the SEC. The board however is still in talks...
Kate Robertson
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Surf Expo Swimwear Report: Bright Color, Tons of Texture, and Functionable Fashion
Jolyn, PQ Swim, Maaji and more brought the latest trends to the show floor in Orlando earlier this month.
World Industries Acquired by Flojos Parent and Former CEO John Dickinson
Dickinson, who owns Flojos and other footwear brands, served as the CEO of skate-focused World Industries from 2004 to 2010.
Czechoslovak Group Sweetens Its Offer to Buy Vista Outdoor’s Ammo Arm
Czechoslovak Group (CSG) increased its previous offer to buy Vista Outdoor's ammunition arm to include a 7.5% stake in Revelyst, the company's outdoor division, in an effort to beat out a competing offer from MNC Capital to buy the company outright. In addition to its...
Vista Outdoor Execs to Receive $1.2 Million Bonuses to Complete Strategic Review
This story was updated to correct Jason Vanderbrink's job title. Vanderbrink is the CEO of The Kinetic Group and the co-CEO of Vista Outdoor. Two more executives leading the strategic review at Vista Outdoor will receive bonuses upon the completion of the review, this...
Backcountry Acquired by Tech Platform CSC Generation Enterprise
Previous owner TSG Consumer Partners had been exploring the sale of the large outdoor industry retailer for more than a year, according to reports.
Backcountry Acquired by Tech Platform CSC Generation Enterprise
Technology platform CSC Generation Enterprise has acquired outdoor retailer Backcountry, a large account for the outdoor industry, including its portfolio of brands MotoSport, Competitive Cyclist, and Steep and Cheap. Former owner TSG Consumer Partners, a private...
Vista Outdoor Delays Shareholder Vote Again on CSG Acquisition to Consider Offer From MNC Capital
Vista Outdoor received a new offer from MNC Capital to acquire the company and is delaying its scheduled shareholder vote on a competing offer from Czechoslovak Group (CSG), according to documents filed to the SEC. MNC Capital submitted a revised offer last Friday of...
Snow Peak USA Leans into Hospitality to Soften the Post-COVID Slump
Snow Peak USA is managing the post-pandemic outdoor gear sales slump by investing in hospitality, which not only brings in new revenue streams, but also gives the Japanese brand an opportunity to showcase its line of camping gear to outdoor cooks and both experienced...
Former Converse VP Philip Russo Joins Vans to Lead Design
The new global chief design and innovation officer will oversee Vans footwear, apparel and accessories design and innovation.
Mountain Warehouse Founder Mark Neale Aims to Bring Eastern Mountain Sports Back to its Former Glory
U.K.-based Mountain Warehouse wasn't planning on acquiring a well-known U.S. retailer as part of its global expansion strategy But when Eastern Mountain Sports (EMS), Bob's Stores, and its related entities filed for bankruptcy this past spring, Mountain Warehouse...
Dick’s Sporting Goods Reports Strong Second Quarter Results and Raises Full-Year Guidance
Dick's Sporting Goods raised its full-year guidance on Wednesday  after delivering strong second quarter results, with net sales up 7.8% to $3.47 billion compared to the same quarter last year. The company's reported earnings per diluted share was $4.37, up 55% from...