All Hunting & Fishing articles – Page 7
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ArticleJohnson Outdoors’ results hurt by lower sales, promotional investments
The American outdoor equipment manufacturer reported an operating loss and an 89% drop in net profit for the third quarter, with sales down 7.8%.
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News briefsPescare Show goes to Rimini
The recreational fishing show is being held for the first time in the well-known seaside resort in Emilia-Romagna, Italy.
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ArticleBicycle sales slump in Europe weighs on Shimano’s overall business
Announcing a 17.6% drop in total net sales in H1 2024, the world’s leading manufacturer of bicycle components blames macroeconomic turbulences in geopolitically tense times.
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ArticleVista to review strategic alternatives, shareholder meeting postponed
The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.
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News briefsGridiron Capital sells GSM Outdoors to Platinum Equity
The Connecticut-based investment firm announced the signing of a definitive agreement to sell its majority interest in GSM Outdoors to a California-based private equity firm.
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ArticleRapala VMC feels market improvement but sees potential troubles ahead
Rapala VMC, despite experiencing favorable market conditions during H1, including improved retail activity, is expressing some worry about the upcoming winter season.
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News briefsVista responds to MNC’s comments amidst wrangling over partial sale of the group
Vista Outdoor says that MNC Capital misled Vista’s investors by claiming that it needed the group’s approval to make a tender offer.
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ArticleCSG increases purchase price for The Kinetic Group to $2.15bn
CSG increased the base purchase price for acquiring The Kinetic Group business by $50 million to $2.15 billion, while Vista Outdoor reaffirms its FY25 outlook and reports preliminary Q1 results.
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ArticleVista Outdoor ammo sale facing headwind, and support
Before Vista Outdoor’s shareholders vote on the sale of The Kinetic Group ammunition business to CSG on July 23, two investors have come out strongly against the deal, while another proxy advisory firm is now recommending the purchase after initial opposition.
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ArticleVista’s Board of Directors reaffirms committment to sale of The Kinetic Group to CSG
Vista Outdoor’s Board of Directors has issued an open letter to its shareholders recommending once again the sale of The Kinetic Group, Vista’s ammo segment, to the Czech company CSG.
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ArticleCSG raises purchase price for The Kinetic Group to $2.1bn
Continuing the back-and-forth over the partial or complete sale of its business segments, Vista Outdoor has announced that it has entered into an amendment to the merger agreement with Czechoslovak Group a.s. (CSG) that increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by ...
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ArticleTug-of-war over Vista and Kinetic Group continues
While Vista Outdoor announced on June 25, after a long wait, that the Committee on Foreign Investment in the United States (CFIUS) has finally approved the proposed acquisition of Vista Outdoor’s The Kinetic Group division by Czechoslovak Group a.s. (CSG), Montréal-based MNC Capital Partners has once again stepped up its ...
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ArticleReaction to ISS disapproval: CSG increases offer for The Kinetic Group
After the US proxy advisory firm Institutional Shareholder Services (ISS) recommended that Vista Outdoor shareholders abstain from voting on the Czechoslovak Group’s (CSG) offer for Vista Outdoor’s The Kinetic Group ammunition business, the Czech prospective buyer has now increased its purchase offer by $40 million from $1.96 billion to $2 ...
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News briefsUkrainian retail chain IBIS opens new store in Kyiv
Ibis, founded in 1994, is one of Ukraine’s largest outdoor sports chains, primarily focused on hunting and fishing. It has opened a new retail outlet in Kyiv, the company’s largest store in the capital city. The company operates eight doors in Kyiv, in addition to the three stores in Odesa, ...
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ArticleUS outdoor participation reaches record levels for ninth consecutive year
The US Outdoor Industry Association (OIA) and its philanthropic arm, the Outdoor Foundation, released the results of its 2024 Outdoor Participation Trends Report this week. The report provides outdoor industry members with exclusive participation and activity data that will inform business strategies for the coming year. The report shows that ...
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News briefsThe winners of the Scandinavian Outdoor Award Spring/Summer 2025
The Scandinavian Outdoor Award Spring/Summer 2025 winners were announced at OutDoor by ISPO on June 4, following extensive testing and discussions by an international jury in Lenzerheide, Switzerland. Overall Winner: FabPatch The Finnish brand FabPatch won for its high-quality repair patches for outdoor gear and apparel. These patches help extend ...
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News briefsRapala slims down global management team
After the Finnish company Rapala VMC, a global market leader in fishing lures, fishing hooks and fishing-related knives and tools, initiated a strategic realignment at the beginning of the year aimed at becoming more operationally agile, Executive Vice Presidents Päivi Ohvo (Head of Human Resources), Enrico Ravenni (Head of APAC ...
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News briefsAltor sells 6.9% of RVRC shares
Private equity company Altor has sold shares in outdoor company Revolution Race (RVRC) for SEK 397 million (€35.2m) last Friday, habit.se reported. The sale was made at a discount of about 7.3 percent compared to RVRC’s last closing price on Thursday. Altor, which recently bought Renewcell’s bankruptcy estate, had a ...
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News briefsNyrensten resigns from the RVRC Board of Directors
As announced in May 2024, Niclas Nyrensten, board member and co-founder of RVRC Holding AB (RevolutionRace), has requested his own resignation from the board of RevolutionRace. The Board now consists of Alexander Martensen-Larsen, Sara Diez Jauregui, Cecilie Elde, Andreas Källström Säfweräng, Birgitta Stymne Göransson and David Thörewik.
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ArticleNorrøna continues to invest in adventure tourism
Norwegian outdoor brand Norrøna and the renowned Danish architecture firm Dorte Mandrup A/S have joined forces to create a unique nature hotel on the west coast of the island of Senja in northern Norway. Source: Nikolai Schirmer Senja – where mountains meet the sea Norway’s second-largest island ...
