Pentland Brands has named Kev McFadyen as global brand director for its Speedo brand. He joined the firm two years ago as the brand director for Berghaus, since then “he has successfully led [it] to deliver growth across both financial and brand metrics including the rapid transformation of the brand strategy that has led to the development of new product ranges and expansion into new markets”.
Author: SGB Media
Nike To Layoff 700 At HQ By January
Nike will be laying off approximately 700 employees from its world headquarters in the Beaverton area, according to an October 29 letter the company sent to local and state officials.
Kingswood Capital Management Completes Acquisition Of MEC
Kingswood Capital Management, LP announced that it has completed its acquisition of substantially all of MEC’s assets through the company’s Creditors Arrangement Act. MEC is Canada’s largest outdoor chain with 21 stores.
The Association Of Golf Merchandisers Appoints Marketing Manager
The Association of Golf Merchandisers (AGM) announced the appointment of Jennifer Morton to the newly created position of marketing manager.
NICS Checks Climb 60 Percent In October
The FBI completed 1.77 million gun background checks on an NSSF-adjusted basis in October, a climb of 60.1 percent compared to the October 2019 NSSF-adjusted NICS figure of 1.1 million.
Hobie Upgrades Popular Products For 2021
Hobie announced today several upgrades to its popular kayak models for 2021. Most notably, Hobie will now incorporate enhanced versions of its MirageDrive, the original kayak pedal propulsion system first released by Hobie in 1997. The Mirage Passport 10.5 and 12.0 will be upgraded to include the MirageDrive GT with Hobie’s Glide Technology and patented Kick-Up […]
Balega Fall 2020 Ltd Edition Hidden Comfort Sock Benefits Lesedi Project
This year, Balega launched a limited edition collection of Hidden Comfort socks to benefit the Lesedi Project, Balega’s non-profit organization and give-back initiative to strengthen South African and American communities. “Community, giving back and serving those around us, is just as important to us at Balega as making quality socks,” said Tanya Pictor, Vice President […]
Emerald Holding Sees Sales Collapse On Cancelled Shows
Emerald Holding Inc. reported revenues of $8.5 million in the third quarter ended September 30 compared to revenues of $75.6 million for the third quarter of 2019, a decrease of 88.8 percent. The decrease primarily reflected a $68.0 million reduction from the cancellation of substantially all third-quarter events due to COVID-19 most notably ASD August, NY NOW August, CEDIA Expo, and Modern Day Marine.
Callaway Golf’s Debt Rating Outlook Lowered Following Topgolf Acquisition
Moody’s affirmed Callaway’s B1 CFR following the announcement of its plan to acquire acquisition but changed its outlook to negative. S&P placed all its debt ratings on Callaway on CreditWatch with negative implications.
Forloh Integrates Recco Rescue Technology Into Latest Apparel For Hunters
Forloh, a U.S. manufacturer of technical outerwear, is dropping its Forloh AllClima Rain and SoftShell Jackets for hunters embedded with Recco Reflectors. Forloh, is one of the first hunting brands to adopt Recco’s search technology for the hunt category. Recco “is working with search and rescue teams in the U.S. and around the world” to […]
Surf Expo To Hold In-Person Show In January
Surf Expo announced its upcoming January 6-8, 2021 show will take place in the West Concourse of the Orange County Convention Center, a shift from the North/South Hall where the show has been held previously.
RSR Group Adds Christensen Arms
RSR Group Inc. announced the addition of Christensen Arms to its product assortment.
TaylorMade Golf Partners To Drive Cross-Border E-Commerce
TaylorMade Golf Company has partnered with eShopWorld (ESW) to support cross-border shopping in Europe and Mexico.
NPD Study Predicts Strong Sales Gains For “New Holiday Period”
NPD’s annual Holiday Purchase Intentions study predicts sales increasing in the range of 4.3 to 5.1 percent for the “new holiday period”, beginning in mid-October with early promotions, running through mid-January with gift card redemption. The estimate also spans a broader view of NPD’s discretionary categories.
Yeti Appoints Board Member And Announces Board Transitions
Yeti Holdings Inc. announced its Board of Directors has appointed Alison Dean, former executive vice president, chief financial officer, and treasurer at iRobot, as an independent director, effective October 30, 2020.
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