Emerald Holding Inc., the parent of Outdoor Retailer, Surf Expo and other trade shows, reported a steep decline in revenues in the second quarter due to event cancellations tied to COVID-19 but saw a more modest decline in earnings due to the arrival of initial claims confirmed under its event cancellation insurance policy.
Author: SGB Media
Topgolf Opens Second Open-Air Venue In Chattanooga
Topgolf Entertainment Group announced its newest venue located in Chattanooga, TN will open its doors to the public on August. 7. The new venue is the second completely open-air concept from Topgolf with a third set for Waco, TX.
Hurley Family Acquires Simple Footwear Brand
Kandui Holdings LLC, founded by the Hurley family, through its new operating entity Simple Shoes LLC, has acquired the outstanding assets and intellectual property of Simple from KTSimple LLC.
Emerald Holding Announces Election Of New Preferred Stock Directors
Emerald Holding Inc., the parent of Outdoor Retailer, Surf Expo and other trade shows, announced that OPV GEM Aggregator LP, the majority holder of the outstanding shares of Series A Convertible Participating Preferred Stock of Emerald Holding, Inc., elected Lynda Clarizio and David Levin as Preferred Stock Directors to the company’s Board of Directors, effective immediately.
Nike Partners With Naomi Osaka On Program To Change Girls’ Lives Through Sport
Nike has partnered with tennis star Naomi Osaka and Laureus Sport for Good to start a new grassroots sports program, Play Academy with Naomi Osaka, designed to train and inspire girls through sport.
Therabody Announces Settlement Of Patent Infringement Lawsuits Against HyperIce And AchedAway
Therabody, formerly known as Theragun, announced that after aggressively enforcing its patent rights, it has reached settlement agreements with manufacturers and sellers of vibration massage devices, Hyper Ice, Inc. and AchedAway (Shenzhen) Technology Co. Ltd.
Hydro Flask Announces ITC Filing To Combat Counterfeiting
Hydro Flask, a Helen of Troy Limited, announced its recent filing with the U.S. International Trade Commission (ITC) to combat widespread importation of counterfeit Hydro Flask products into the United States.
Icebreaker Appoints New GM and VP
Icebreaker appointed Cameron Walker as its new GM and VP at Icebreaker North America, Rachel Winkel as director of North American marketing and Sam Minassian as head of e-commerce & digital marketplaces.
VF Corp Appoints President, Greater China
VF Corporation announced the appointment of Winnie Ma to the new position of president, Greater China. Ma joins VF following a 10-year career at Unilever, North Asia, where she most recently led the Beauty & Personal Care category business.
OBIT: Mark Satkiewicz
Mark Satkiewicz, an industry veteran who formerly led SmartWool and was most recently a Co-Founder and race director at SBT GRVL, the popular Colorado gravel race, has passed away.
Safilo’s Q2 Sales Drop 54 Percent, Smith’s Online Sales Expand 40 Percent
Safilo, the parent of Smith Optics and manufacturer of a wide range of designer eyewear brands, posted total net sales of €114.5 million in the second quarter, down 54.0 percent at current exchange rates and 53.7 percent at constant exchange rates.
VF Claims No. 1 Spot On Barron’s List Of Most Socially Conscious Companies
VF Corp. claimed the No. 1 spot in June in Barron’s re-ranking of its 100 Most Sustainable Companies focusing on social commitments.
Designer Brands Eliminates Over 1,000 Positions
Designer Brands, the parent of DSW, announced that the company will eliminate over 1,000 positions, including about 380 corporate staff and 700 store roles, according to a memo from CEO Roger Rawlins.
Planet Fitness Adjusts Mask Requirement To Not Include Active Workouts
Planet Fitness said members will not have to wear face coverings if they are “actively working out” and in accordance with local and state restrictions.
Backcountry CEO Joins Revolve Board Of Directors
Revolve Group, Inc. announced the appointment Melanie Cox, CEO of Backcountry, to its board of directors, as well as the audit and compensation committees, effective immediately.
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