January 05, 2022 Outdoor M&A Momentum Remains Strong into 2022
The tremendous boost in demand for outdoor gear spurred by the pandemic, and the operational challenges that followed, have resulted in many smaller brand owners and founders looking for an exit. Himaraya Profits Grow on Lower Top Line
Net income at the Japanese retailer expanded by 12% to ¥338 million ($3.0 mm) in the fiscal first quarter ended Nov. 30, from ¥301 million last year, despite 10% lower revenues of ¥13,232 million ($116.4 mm) down from ¥14,774 million. Dorel Completes Sales of Sports Segment to Pon Holdings
Dorel has completed the previously-announced sale of Dorel Sports to Pon Holdings for approximately CAD $1.03 billion ($810 mm). Authentic Brands Group Pulls IPO
ABG officially notified the Securities and Exchange Commission that it was withdrawing the S-1 registration for an initial public offering that it had filed on July 6. Nike Sues Lululemon over Mirror
The Eager Beavertons are accusing Lululemon’s Mirror of infringing on a handful of their patents in a lawsuit filed in SDNY federal court.
The protective case maker has been acquired by Platinum Equity from Behrman Capital, for undisclosed terms, in a deal first announced in Oct. Alliance Consumer Group Acquires Halo
The Ft. Worth, TX manufacturer of flashlights, work lights, knives, and other outdoor lifestyle related products has acquired all the assets of the HALO operating unit from ZAGG Inc. Etcetera: NSGA, Golftec, Silencer Shop
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