News Topics
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December 30, 2021
Helen of Troy Completes Acquisition Of Osprey Packs
Helen of Troy Limited announced the successful completion of its previously announced acquisition of Osprey Packs, Inc, for $414.7 million in cash, which includes the impact of a $5.3 million favorable customary closing net working capital adjustment. SGB Media
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December 29, 2021
Climashield Sold to Private Equity Firm
Crown Capital Investments (CCI), an Atlanta-based private equity investment firm, has acquired Climashield to its manufacturing portfolio of companies. Headquartered in Clinton, Tenn., Climashield is a manufacturer and developer of continuous filament insulation. With global distribution to military and outdoor recreation brands, Climashield products offer “thermal efficiency and durability.” Inside...
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December 29, 2021
Wearable Technology Named Top Fitness Trend For 2022
ACSM released the survey results in the article “Worldwide Survey of Fitness Trends for 2022,” published in the January/February issue of ACSM’s Health & Fitness Journal. In its 16th year the survey assessed 43 potential trends. Of note, home exercise gyms debuted at No. 2, and outdoor exercise moved to No....
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December 28, 2021
Chip Shortage Expected to Remain ‘Complicated’ in 2022
The global microchip shortage cost the auto industry millions of lost vehicles and billions in lost revenue last year. The latest estimates have the problem lingering through the first half of 2022. RV Business
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December 28, 2021
As Olympics Near, China Tightens Rules and Athletes Invent Their Own
Athletes and sports officials around the world have for months been viewing the approaching Winter Olympics in Beijing, set to take place in February amid a still-raging pandemic, with a mixture of apprehension and weariness. Now, a global surge of cases tied to the highly contagious Omicron variant has given...
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December 28, 2021
Vista Outdoor Announces Acquisition of Stone Glacier
ANOKA, Minn., Dec. 28, 2021 -- Vista Outdoor Inc. (NYSE: VSTO), a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, today announced the acquisition of Stone Glacier, a premium brand focused on ultralightweight, performance hunting gear designed for backcountry use. The addition of Stone Glacier...
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December 27, 2021
Sun Outdoors Acquires LSI, Franchisor of Jellystone Parks
It was announced Tuesday (Dec. 21) to Yogi Bear’s Jellystone Park Camp-Resort franchisees that Leisure Systems Inc. (LSI), the franchisor of more than 70 Jellystone Park locations in North America, had been acquired by Sun Outdoors. Sun Outdoors currently owns more than a dozen Jellystone Park locations. Woodallscm
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December 25, 2021
Thor works to dominate EV RVing
While the possibility of smaller electric-powered motorhomes moves closer to reality, travel trailers are a different story. But industry gorilla Thor is making a move to dominate EV RVing in the towable market. Now Thor has announced it has signed on the dotted line with with ZF Friedrichshafen AG (ZF),...
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December 23, 2021
Lazydays Holdings, Inc. Announces Leadership Transition
TAMPA, Fla., Dec. 23, 2021 -- Lazydays Holdings, Inc. ("Lazydays" or the "Company") (NasdaqCM: LAZY) today announced that William P. Murnane is stepping down as Chairman and CEO. Robert DeVincenzi, currently lead independent director of the Lazydays Board, will assume the role of Interim CEO on January 1, 2022. Christopher Shackelton, a current director on the Board,...
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December 23, 2021
Magnificent motorhomes and large camper vans of 2021
It was officially "The Year of the RV," and the US RV Industry Association (RVIA) didn't even need to wait for the year to end to declare it. It was over by October, at which point the 510,608 shipped towable and motor RVs surpassed 2017 numbers for a new record....