January 02, 2024
The opposition list to Glenn Chamandy’s ouster as GIL’s chief now totals nine institutional investors holding 35% of outstanding shares, while Browning West took another step in making good on its threat to requisition a special meeting of shareholders with an eye on replacing five board members and reinstating Chamandy.
The Black Diamond parent will get $175 million in cash for its precision sport segment that includes Sierra and Barnes Bullets, but the buyer is not CLAR’s executive chairman Warren Kanders, who had made an offer for the business in Sep.
The United States Trade Representative extended all existing exclusions for Chinese imports five more months to May 31, 2024 from Dec. 31, 2023, including a number of sporting goods categories.
Holiday retail results came in +3.1% for the Nov. 1-Dec. 24 period, according to preliminary results from Mastercard Spending Pulse, tracking in-store and online sales across all payment forms (excluding auto).
The Finnish fishing equipment manufacturer has inked an agreement to sell its injection molding business to its long-time business partner, Muottituote Group Oy, in a deal that includes subsidiary KL-Teho Oy’s real estate, equipment, and personnel.
The Switzerland-based outdoor gear maker, which is owned by Global Development Co., has appointed a new management team to oversee the launch of its next apparel line.
The high-end putter and golf accessories startup has launched a search for a new CEO after current president and chief Tim Triplett decided to step down, effective immediately, citing family reasons.
LPGA star Angel Yin has made an unspecified investment in the sustainable women’s golf apparel maker, becoming a shareholder in the brand.