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April 01, 2021


Study: New Participants in Outdoor Sports Likely to Persist

The pandemic has shifted demographics among outdoor participants and leaves the door open for new consumer retention, according to the Outdoor Industry Association’s figures from Naxion Research.

Activist Investor Group Lambastes Kohl’s Executive Pay

Kohl’s sees four funds, which collectively own about 9.5% of KSS stock and are pitching a slate of five candidates for the company’s board, criticize its overgenerous executive pay in their latest missive to shareholders.

March NICS Checks Can’t Match Last Year’s Record

Marking the first year-over-year decline since Apr. 2019, NSSF-adjusted NICS FBI background checks declined 14% in Mar. to 2,044,136 from 2,375,525, lapping last year’s 80% increase when the pandemic started to spread in the U.S.

Nike Wins Satan Sneaks Restraining Order

The Eager Beavertons convinced a NY federal court judge to issue a temporary restraining order against MSCHF Design Studio, prohibiting it from fulfilling any orders for the modified Air Max 97 “Satan Shoes.”

Peloton Closes Precor Acquisition

PTON finalized the $420 million transaction through which it gains control of Amer Sports’ fitness subsidiary, adding much-needed U.S. manufacturing capacity for its hot-selling exercise bikes and treadmills.

Columbia Sportswear Hires Nike Vet for Emerging Brands

COLM tapped Craig Zanon to succeed the retiring Doug Morse as SVP, emerging brands, to oversee Sorel, Mountain Hardwear and prAna.

Etcetera: Fanatics, Exped USA, Orion Wholesale, Buck Knives, Altitude Sports, Speedo, Jordan

 
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