MC Sports, which filed for bankruptcy in February, has closed all its 66 doors and the case is likely being converted from a Chapter 11 bankruptcy to a Chapter 7 bankruptcy.
Peak Achievement Athletics Inc., the successor company to Performance Sports Group, appointed Edward G. Kinnaly as the CEO of the Bauer, Cascade and Maverik businesses. The new owners of Peak Achievement Athletics are searching for a separate CEO to manage the Easton business.
Reebok International appointed Chris Froio as general manager, Reebok America.
Fleet Feet Sports Hires Brent Hollowell as VP Of marketing and vendor management.
Wolverine Worldwide Inc. agreed to license the Stride Rite brand to Vida Shoes International.
Boa Technology Inc. appointed Shawn Neville, a former executive at Aerosoles, Reebok, Keds and Footaction, as CEO.
Dick’s Sporting Goods said Michele B. Willoughby, its EVP and chief strategy officer, plans to retire, effective August 1.
Sturm, Ruger & Company Inc. announced the following executive appointments: Sarah F. Colbert as VP of administration, Robert J. Werkmeister, Jr. as VP of marketing, and Michael W. Wilson as VP of Mayodan operations.
Billabong International Limited appointed Jim Howell, formerly at Nordstrom, as CFO, succeeding Peter Myers, who has served in the role since January 2013.
Pendleton Woolen Mills said its president, Mort Bishop III, will retire, effective June 30. John Bishop will succeed him.
Moody’s downgraded Vista Outdoors’ debt ratings due to weak operating performance and deteriorating credit metrics and the agency’s view that they will remain weak for an extended period. The rating outlook remains negative.
Federal firearms background checks were up 3.7 percent in May, the first gain since the surprise presidential election of Donald Trump.
Barmer Enterprises, parent of the eight-unit Bike America chain in Florida, has filed for Chapter 11 bankruptcy protection.
Patagonia acquired a 7.87-acre site, at 5301 N. Ventura Ave. in Ventura, CA.
In response to the U.S.’s pending withdrawal from the Paris Climate Agreement, Amy Roberts, executive director at Outdoor Industry Association (OIA), in a letter stated that President Trump “has abandoned the United States’ leadership on this critical issue and has ignored the voice of individuals and businesses across the country, including many in the outdoor industry.”
Dick’s Sporting Goods announced a multi-year, strategic partnership with US Youth Soccer, the largest member of the United States Soccer Federation, and its Dick’s Team Sports HQ youth sports platform.
Adidas signed supermodel Kendall Jenner to an endorsement deal.
Under Armour will bring back the Stephen Curry Asia tour with stops in Beijing, Chengdu, Hangzhou and Seoul.
Nike will continue its endorsement deal with Tiger Woods despite the golfer’s DUI arrest over Memorial Day weekend.
New Balance will replace Umbro as the kit sponsor of the Republic of Ireland (FAI) national team. New Balance also replaced Nike as the sponsor of Athletic Bilbao.
Photo courtesy MC Sports
