July 18, 2024 Vista Outdoor Ammo Sale Faces Shareholder Opposition
VSTO’s sale of the Kinetic Group ammunition business to Czechoslovak Group will go before shareholders in a special meeting next week on July 23, but two large institutional investors are vociferously against the deal. Mips Rebounds in Second Quarter
After a difficult Q1, the Swedish helmet technology company’s profits doubled to SEK 40 million ($3.7 mm) from SEK 20 million a year ago, on 31% higher revenues of SEK 133 million ($12.5 mm) up from SEK 102 million. Stella Int’l Boosted by Sneakers in Q2
The footwear maker’s second quarter revenues were flat at $431.6 million against $431.4 million last year, while first half sales increased approximately 8% to $770.0 million from $716.0 million, driven by the sports category. Lifetime Products Names BJ Haacke CEO
After last week’s tragic death of Richard Hendrickson, the blow molded outdoor equipment and furniture manufacturer has promoted 25-year company veteran, BJ Haacke as its new president and CEO. Clarus Bolsters Adventure Segment
CLAR appointed three new executives to lead its Adventure segment, which includes Rhino-Rack, Maxtrax, and Tred Outdoors, in the U.S. and internationally. Crocs Settles Australian Knockoff Suit
The clogmaker has reached a settlement with Mosaic Brands, which it accused in late 2021 of infringing on its Classic Clog with the sale of certain molded foam shoes, in the Federal Court of Australia. Etcetera: Topgolf Callaway, La Sportiva
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