Hunting & Fishing – Page 4
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News briefsForloh releases collection with Polartec Power Grid
The US outdoor brand debuts its new Raider collection, combining advanced fleece technology with repurposed materials for enhanced outdoor performance.
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News briefsGSM Outdoors expands fishing portfolio
The US group strengthens its fishing division by acquiring K&E Tackle, adding trusted brands like Stopper Lures and Bear Creek to its portfolio.
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ArticleVista Outdoor supports revised CSG deal over MNC capital’s full acquisition bid
Vista Outdoor backs a revised bid from CSG for its ammunition division, while an unnamed equity firm makes a move for the outdoor division.
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News briefs5.11's CFO retires, successor named
The Purpose-Built Gear brand appointed Bryan Jones as Chief Financial Officer, while long-time CFO Jim McGinty announced plans for retirement after nearly a decade in the role.
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News briefsVista announces increased cash consideration for CSG transaction
The latest development in the back-and-forth of the Vista spin-off sees the group increasing cash consideration for its CSG deal to $28 per share.
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ArticleSnow Peak acquires majority stake in New Zealand fly rod company
The Japan-based outdoor brand acquires a majority stake in Swift Fly Fishing, expanding its global footprint and blending outdoor gear with fly fishing experiences.
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News briefsGo Outdoors opens Europe’s largest outdoor store
A special celebration weekend is scheduled for Sept. 7/8, with brand ambassador and TV presenter Helen Skelton cutting the ribbon.
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ArticleSasta Oy acquired by new ownership group
The new Finnish shareholders plan expansion, with the brand’s founding family remaining the company’s key owners.
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News briefsRVRC welcomes Joel and Henrik Lundqvist as new ambassadors
The former pro hockey players will explore the Åre region together with RevolutionRace.
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News briefsAngling Direct delivers solid half-year performance
UK’s largest fishing tackle retailer reports strong performance with boosted UK sales and a new store in Europe, driven by expanded footprint and growing online presence.
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ArticleRegions outside the Nordics drive RVRC’s FY sales growth
The Swedish DTC outdoor company Revolution Race achieves strong double-digit growth in Q4 and for the full year.
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ArticleVista Outdoor operating income dips 12 percent in Q1
The group’s Q1 sales met expectations, but profits exceeded forecasts despite a 12% drop in operating income. Sales fell by 7.1%, yet gross margin improved.
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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.
