# Osprey and Hydro Flask owner rejects $37-a-share takeover bid; LA-Long Beach port talks extended to Friday

Canonical URL: https://jeffbrines.com/newswire/2026-11-05-daily/
Author: Outdoor Pulse
Published: 2026-11-05T00:00:00.000Z
Source: Outdoor Pulse Newswire

**Top line:** Helen of Troy, owner of Osprey packs and Hydro Flask bottles, said its board unanimously rejected an unsolicited, non-binding $37-a-share cash offer from Empower Brands, a vehicle owned by Spectrum Brands and Oaktree Capital. Law360 puts the bid at about $1.6B. The company called it "opportunistic," timed to a share price still depressed by tariffs, and said Empower turned down a standard confidentiality agreement that would have let it look at the books. Helen of Troy instead laid out a five-year plan with low-to-mid single-digit sales growth and high-single-digit adjusted EBITDA growth, and it named Osprey among four "Power Brands" it will back. It also said it is reinvesting $66.5M to $70.5M of tariff refunds into the business and that the board "remains open" to offers in shareholders' interest, so this may not be the last bid. ([Helen of Troy](https://investor.helenoftroy.com/press-releases/press-release-details/2026/Helen-of-Troy-Confirms-Rejection-of-Unsolicited-Non-Binding-Proposal-from-Spectrum-Brands-and-Oaktree-Capital-Management/default.aspx), [Law360](https://www.law360.com/retail/articles/2546443/helen-of-troy-rejects-1-6b-empower-brands-buyout-offer-), [SGB Media](https://sgbonline.com/exec-hydro-flask-osprey-parent-rejects-takeover-offer/))

## Bike

-   **Lime passed $1B in trailing 12-month revenue for the first time.** Q3 revenue rose 20% to $361M and net income rose 41% to $44M, a strong data point for shared e-bikes and scooters even as European competition weighs on margins. ([Lime](https://investors.li.me/news-releases/news-release-details/lime-announces-third-quarter-2026-financial-results), [Bike Europe](https://www.bike-eu.com/news))
-   **French folding-bike brand Bastille Cycles is in receivership.** A Paris court placed it there on Oct. 29 after sales missed targets, despite €10M raised from Eutopia and Ankaa Ventures. ([Bike Europe](https://www.bike-eu.com/news))
-   **Apollo Tyres is in advanced talks with outside parties to keep the Vredestein bicycle tire business going** after deciding earlier this year to exit it in Europe, and expects to finish the talks within months. ([Bike Europe](https://www.bike-eu.com/news))
-   **Direct-to-consumer brand Priority Bicycles launched a dealer program** and already has 22 shops signed, with more in approval, another DTC brand moving toward independent retail. ([Bicycle Retailer](https://www.bicycleretailer.com/))
-   **More detail on the Haibike and Winora sale:** advisers to DuTech's Bike Tree GmbH say the asset deal closed Nov. 1, covering the brands, stock and selected equipment, with 87 staff kept in Sennfeld, Germany and job cuts handled with the works council. ([PLUTA](https://www.pluta.net/en/press-release/pluta-advises-bike-tree-gmbh-on-acquisition-of-winora-staiger-business-operations))

## Ski & Snow

-   **Oasis has taken its Vail campaign public with a "Lifting the Vail" website** listing six initiatives, including pass and dining pricing that would "raise the ceiling and lower the floor," new marketing and technology, more year-round use of the resorts, and a loyalty program. Vail answers that its own Epic Experience strategy already covers this ground, and largest holder Baron Capital is backing management ahead of the Dec. 14 vote. ([Park Record](https://www.parkrecord.com/2026/11/04/oasis-unloads-on-vail-resorts-in-board-election-campaign/), [Park Record](https://www.parkrecord.com/2026/11/03/picabo-street-bryce-roberts-will-no-longer-be-nominated-by-oasis-to-vail-resorts-board-of-directors/))
-   **Park City Mountain, the resort at the center of that fight, has started snowmaking and targets a Nov. 20 opening.** ([Park Record](https://www.parkrecord.com/2026/11/04/oasis-unloads-on-vail-resorts-in-board-election-campaign/))

## Outdoor

-   **The LA-Long Beach port strike threat moved again.** The Pacific Maritime Association and ILWU Local 26, which represents about 250 watchmen, extended their contract through midnight Pacific on Friday, Nov. 6, with federal mediators joining talks Friday. The terminals involved handle about 85% of Long Beach cargo and 33% of Los Angeles cargo. ([PMA](https://www.pmanet.org/press_releases/updated-statement-on-negotiations-with-ilwu-local-26/))
-   **Compass Diversified's Branded Consumer segment grew 4.3% to $275.6M in Q3**, led by Boa up 20.5% and Primaloft up 22.7%, two suppliers whose fit and insulation technology run through outdoor footwear and apparel; CODI raised the segment's full-year guidance. ([SGB Media](https://sgbonline.com/update/outdoor/))
-   **Traeger's Q3 revenue fell 40.4% to $74.7M** with a $28.5M net loss; the grill maker expects growth to return in Q4, helped by a Lowe's launch that starts online and in pellets now, with a wider store rollout in spring 2027. ([Traeger via Nasdaq](https://www.nasdaq.com/press-release/traeger-announces-third-quarter-fiscal-2026-results-2026-11-04))
-   **Outdoor Voices signed a licensing deal with U.K.-based Focus Brands** to expand into the U.K. and EU, starting with wholesale and e-commerce. ([Retail Dive](https://www.retaildive.com/news/outdoor-voices-expands-uk-eu/873730/))

## Upcoming

Fox Factory reports today after the close, call at 4:30 p.m. ET, having pre-announced Q3 sales of $336M to $340M ([Fox](https://investor.ridefox.com/events/event-details/fox-factory-holding-corps-3q26-earnings)); Clarus and Callaway Golf, which guided Q3 revenue to $415M to $435M, also report after today's close ([Callaway](https://ir.callawaygolf.com/news-releases/news-release-details/callaway-golf-company-release-third-quarter-2026-financial)); Trek's 32-inch XC reveal and Mammoth's early opening are today; Mt. Rose, Breckenridge, Copper, Winter Park, Brian Head, Sunshine Village and Norquay target Nov. 6; the LA-Long Beach watchmen contract runs through midnight Pacific Nov. 6; bike helmet and trailer tariff exclusions expire Nov. 9; Giant and Merida October revenue comes by Nov. 10; YETI reports Nov. 12; Vail Mountain opens Nov. 13; Youngone (Scott Sports' parent) Q3 is due by Nov. 16 and isn't yet confirmed by the company, with NH Investment & Securities expecting a smaller Scott loss as inventory falls ([Alpha Biz](https://www.alphabiz.co.kr/news/articleView.html?idxno=191054)); Epic prices rise after Nov. 15; Amer Sports reports Nov. 17. Pon has not announced a date for any 2026 interim figures.

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_The Outdoor Pulse is published weekday mornings. Weekly deep dives on Mondays._