SGB Update

Stahls Appoints EMEA General Manager

Martin Borley, most recently served as executive managing director for Stahls’ UK and Europe. He was promoted to chief executive officer of Stahls’ EMEA, reporting to Carleen Gray, CEO of GroupeStahl, Inc.

Varsity Brands’ Debt Ratings Upgraded by S&P

S&P Global Ratings stated the debt ratings upgrade for Varsity Brands, the parent of BSN Sports and Varsity Spirit, reflects “solid demand in both segments, management’s effective execution in expanding the businesses, and the wind-down of significant legal and restructuring cash expenses.”

Pure Hockey Opens Third Store in Ohio

The retail store in New Albany, OH, a suburb of Columbus, is the company’s third in the state and 84th overall. A grand opening will be held later this year.

SGB Executive

EXEC: Osprey Grows, Hydro Flask Slows in First Quarter

Shares of Helen of Troy tumbled about 23 percent Thursday, July 10, after the company reported a loss in the fiscal first quarter ended May 31 on a 10.8 sales decline and issued guidance for the current quarter that was well below analyst targets. Of the sales decline, approximately eight percentage points was attributed to tariffs.