Nate Pund, managing director and global head of the Active Lifestyle banking team at Houlihan Lokey, said he was “stunned” by the deal.
Tiffany Montgomery
Tiffany Montgomery's Latest Posts
Pressure Mounts on Vista Outdoor to Reconsider Acquisition Offer
The challenges facing Vista Outdoor’s plan to sell its ammo business and turn the remaining outdoor division into a standalone, publicly traded company appear to be mounting. TIG Advisors, an institutional investor with 532,000 shares of Vista Outdoor, announced...
Product Picks from the Floor of Outdoor Retailer Summer
At Outdoor Retailer Summer this June, I visited lots of brand booths to find the best gear on the floor. Here are my product picks from the show: Restube Beach This new water safety product is basically a small inflatable version of a lifeguard’s rescue tube. It’s...
Industry Veterans Weigh In on Sole Tech’s Legacy
Former Sole Tech employees who are now peppered in leadership jobs around the industry share what they learned at the influential skateboard company. Also, store owners and industry insiders discuss the impact of the Sole Tech brands.
Unexpected Slowdown in Global Outdoor Category Hurts Helen of Troy’s Osprey Packs Business
Helen of Troy, the owner of Osprey Packs, Hydro Flask, and myriad other consumer brands, recorded softer than expected quarterly results, with a significant portion of the weakness coming in the outdoor category, specifically the Osprey Packs business, the company...
Gearhead Outfitters Expanding Store Count and Finding Success Despite Market Challenges
While it’s not an easy time for outdoor brands or retailers, Arkansas-based Gearhead Outfitters continues to expand, including recently opening its first two stores in Colorado. The chain now operates 22 stores and is celebrating its 26th anniversary. While Gearhead...
New SURFER Editor-in-Chief on the Go-Forward Strategy Under New Ownership
New owner the Arena Group wants to re-establish SURFER as the authority on all things surf, and has hired Jake Howard to lead the way.
Salt Life Parent Delta Apparel Files for Bankruptcy; Bidder Emerges for Salt Life
With strong brand recognition, especially in the Southeast, and an experienced leadership team under longtime Salt Life President Jeff Stillwell, Salt Life’s fate is now in the hands of the bankruptcy court thanks to the struggles of parent company Delta Apparel.
The Vista Outdoor Tortured Sale Saga – A Guide
Editor's note: Since the below was published, the Vista Outdoor board negotiated a higher price from CSG, and pressure mounted from both TIG Advisors and Gates Capital to turn down the offer from CSG and instead engage with a competing offer from MNC Capital to buy...
The Outdoor Industry’s PFAS Challenge
The group of chemicals known as PFAS were developed as coatings to protect consumer goods from water, stains, and corrosion, and in the outdoor industry they’re mostly used to repel water and oil. “We have used them as an industry and as a society because they’re...
Opinion: What Independent Outdoor Retailers and REI Can Do to Create a Healthier Industry Ecosystem
It's June, which means Spring line showings have already happened and too-early order deadlines are just around the corner in the outdoor industry. As we survey the landscape, it's clear there are many challenges. Everything has already been on sale, and we’re still...
Patagonia Announces First-of-its-Kind Wetsuit Recycling Program
Patagonia and Bolder Industries are transforming old natural rubber wetsuits into material used in new wetsuit construction.
