Body Glove and Marquee Brands have extended a multi-year extension with its longstanding partner McPhail Sports. McPhail Sports Limited will continue their agreement to develop and produce Body Glove product lines for consumers in Australia and New Zealand.
Month: April 2021
Weatherby Adds Marketing Director
Weatherby Inc., based in Sheridan, WY, appointed Zachary Hein as marketing director. Hein joins Weatherby from CZ-USA in Kansas City, where he spent nine years in marketing, most recently as its marketing communications manager.
Dick’s SG To Open At Manchester’s Burr Corners
Dick’s Sporting Goods will open a location at The Plaza at Burr Corners, in Manchester CT in mid-October after closing a nearby store.
L Catterton Completes Acquisition Of Birkenstock
L Catterton announced that it has completed the previously announced acquisition of Birkenstock. In conjunction with the closing, Birkenstock has formed and appointed six members to the company’s Supervisory Board.
Pure Fishing’s Debt Ratings Affirmed Following Acquisition And Incremental Debt Issuance
S&P Global Ratings affirmed its ‘CCC+’ issue-level rating on Pure Fishing’s first-lien senior secured term loan due 2025 following debt issuance tied to the acquisition of Plano Synergy Holdings.
Caleres’ Debt Rating Outlook Revised To Stable
S&P Global Ratings raised its debt ratings outlook on Caleres to Stable From Negative as it expects the company’s operating performance to continue to gradually improve in 2021, spurred by the expected healthy recovery in sales of its retail business’ wellness, comfort, and sport styles apparel shoes.
Windpact Appoints VP Of Design And Development
Windpact appointed Kenneth Perkins as VP of design and development. Most recently, Perkins was director of design and development for Bern Unlimited.
Amazon Appoints Nike Alum As Global Head of Sports Marketing
Amazon appointed Marc Patrick, a former top Nike marketing manager, as its new global head of sports marketing.
Inside The Call: Velocity Outdoor, Marucci, BOA, Liberty Safe Deliver Outsized Growth For CODI In Q1
Compass Diversified Holdings (CODI) reported healthy double-digit revenue gains for Velocity Outdoor, Marucci Sports, Boa Technology, and Liberty Safe in its first quarter ended March 31, 2021. The company’s 5.11 brand achieved more modest growth but saw robust retail gains.
Columbia Sportswear Boosts Outlook On Solid Q1, Strong Footwear, Increased Investments
Columbia Sportswear Inc. increased its full-year financial outlook based on what company chairman and CEO Tim Boyle described as first-quarter sales growth that outpaced expectations, favorable early season spring sell-through, the visibility provided by the company’s fall order book, and an “improvement in business fundamentals.”
Aisle Talk Week Of April 26, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of April 26, 2021 covered in the SGB Updates and delivered to your inbox every business day. This week’s Ambassador Athlete is Meagan Ethell, Professional Wakeboarder, Body Glove and Red Bull Sponsored Athlete.
SFIA Sets Virtual Conference For November
The Sports & Fitness Industry Association (SFIA) will hold its annual industry event in a virtual format from November 9-11, 2021. The “SFIA Trends & Insights 2021,” will feature sports & fitness executives and experts discussing strategic issues and opportunities in a post-pandemic market.
Emerald Holding Sees Steep Q1 Revenue Drop
Emerald Holding Inc. reported revenues tumbled 87 percent as results continue to be negatively impacted by event cancellations due to the COVID-19 pandemic.
Newell Brands’ Outdoor & Recreation Segment’s Q1 Sales Climb 9.4 Percent
Newell Brands reported its Outdoor & Recreation segment showed a small operating profit in the first quarter ended March 31 as sales increased 9.4 percent.
Connected Rowing Machine Maker Ergatta Secures Funding
Ergatta has closed $30 million in Series A funding led by Advance Venture Partners, with participation from Greycroft, Fifth Wall, Gaingels, and Hans Tung (GGV).
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