Heather Sweeny, a former Adidas executive, was appointed as VP of Finance across all KMD Brands in North America, including Oboz, Rip Curl and Kathmandu.
Author: SGB Media

Pendleton Woolen Mills Appoints New CEO
Jennifer Ingraffea has most recently served as chief product and merchandising officer at The North Face since October 2020. Previously, she had an 18-year career at Nike. She succeeds John Bishop, a fifth-generation family member, who will remain as CEO through July to work with Ingraffea.

Scarpa Signs Parallel 45 Sales Group for Midwest Representation
Effective July 1, P45 Sales Group represents Scarpa in Iowa, Illinois, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, and Wisconsin. Effective January 2026, the agency will also represent the brand in Indiana, Michigan and Ohio.

Marine Products Corp. Adds Board Member
After a long career working in various positions at a large, international company, Gary Kolstad served as chairman and CEO of public and private companies and holds multiple Advisory Board Member and Investor positions.

Gared Performance Sports Continues Growth in Noblesville with New HQ
The City of Noblesville announced that Gared Performance Sports Systems will relocate its headquarters to the Deer Creek Business Park on the city’s east side from its current location in Noblesville. The facility is expected to open in August 2026.

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.

Running USA Executive Director Departs for Leadership Role at USA Track & Field
Jay Holder will support Running USA’s transition efforts until a new executive director is named. Kathleen Titus, president of the Board of Directors, will assume the role of interim executive director role.

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.

St. John’s University Switches to Adidas from Nike
Adidas will begin outfitting the school’s 300-plus student athletes in the 2025/26 academic year across 17 varsity athletic programs. St. John’s University Red Storm becomes the only Big East Conference team to be outfitted by Adidas.

EXEC: JD Sports Fashion Reports Exit of Non-Executive Board Director
Helen Ashton, a non-executive director of the company’s Board of Directors and chair of the Board’s Audit and Risk Committee, has reportedly notified the company of her intention to step down to focus on other commitments.

BRP Inc. Agrees to Sell Manitou Boat Business to Owners of Bentley Pontoons
The transaction is expected to close during BRP’s third quarter of Fiscal 2026. Until then, BRP and the Marcott family will reportedly work in collaboration to ensure a smooth and successful transition for all parties involved.

Black Diamond Parent Completes Sale of Pieps and JetForce Assets
The move follows a comprehensive strategic review process launched in the fall of 2024 and an increasing number of U.S. CPSC recalls of Pieps products.

Revelyst Inc. Acquires GolfLogix, Adds App to Golf Tech Portfolio
Revelyst has acquired GolfLogix, a golf course mapping company, with plans to integrate the technology into its golf platform, which includes Foresight Sports, Bushnell Golf and PinSeeker. GolfLogix’s Co-founders, Scott Lambrecht and Pete Charleston, will remain with Revelyst post-acquisition.

CNBC/NRF Report Sees June Retail Sales Trends Moderate; Sporting Goods Sector Accelerates
Growth in the Clothing, Footwear and Accessories store sector decelerated from the prior-month trend. The category that includes Sporting Goods stores was up 8.5 percent y/y unadjusted in June after an 8.2 percent y/y gain in May.