S&P Global Ratings said it is revising its outlook on the debt ratings of Winnebago Industries to stable from negative. The rating’s agency believes RV demand could grow at least over the next few months as new buyers entering the market offset high unemployment.
Author: SGB Media
The Aspen Institute Recognizes Project Play Champions
The Aspen Institute recognized 18 local and national organizations as this year’s Project Play Champions supporting physical activity through youth sports.
PeopleForBikes President Announces Retirement
After 16 years at the helm of PeopleForBikes and four decades working in the bike industry, President Tim Blumenthal has announced his retirement. Jenn Dice, the organization’s COO, will become president and CEO on July 1.
GenYouth Appoints James “JB” Brown To Board Of Directors
GenYouth, a national nonprofit organization dedicated to creating healthier school communities, announced the appointment of James “JB” Brown to its board of directors.
Pocket Outdoor Media Acquires Three Divisions From Active Interest Media
Pocket Outdoor Media (POM), the endurance sports media platform, announced the acquisition of the Healthy Living, Fitness, and Outdoor divisions of Active Interest Media (AIM). Included in the AIM acquisition are: Yoga Journal, SKI, Climbing, Backpacker, Warren Miller Entertainment, Oxygen, IDEA Health and Fitness Association, Clean Eating, Vegetarian Times, Better Nutrition, NatuRx, Muscle & Performance, Nastar, Fly Fishing Film Tour, National Park Trips, and SNEWS.
Shippensburg University Extends Partnership With BSN Sports And Nike
Shippensburg University in Pennsylvania announced that it has entered into a new multi-year partnership with Nike through BSN Sports.
OIA Commends House Climate Crisis Action Plan
The Outdoor Industry Association (OIA) commended the House of Representatives Select Committee on the Climate Crisis for releasing its action plan to solve the climate crisis. The goal of its roadmap is to “build a prosperous, clean energy economy that values workers, advances environmental justice, and is prepared to meet the challenges of the climate crisis.”
Adidas HR Chief Resigns Following Claims Of Discrimination
Karen Parkin, executive board member of Adidas AG, responsible for global human resources, has informed Adidas AG’s Supervisory Board that she will step down from the Executive Board and leave the company. The move comes as Adidas has faced criticism from employees who say it fosters a racist and discriminatory workplace.
Lululemon Leaps Into Home Fitness
Lululemon Athletica’s acquisition of in-home fitness company Mirror for $500 million relies on a bet that more people are going to be pivoting to exercise inside their homes. CEO Calvin McDonald told analysts on a conference call, “Digital content is changing, and studio and trainer models for ambassadors are changing.”
NPD Report: Running Regains Its Stride
Dollar sales in the U.S. performance running rebounded in mid-May and in the week ending June 20 grew by 30 percent year over year, according to The NPD Group. Brooks, Hoka and On Running have all shown double- and triple-digit growth for the past five weekly time periods.
Topgolf Augusta To Open With New Open-Air Venue Design
Topgolf Entertainment Group, a global sports and entertainment company, will open its first completely open-air venue in Augusta, GA on Friday, July 3.
Garmin Acquires Firstbeat Analytics
Garmin Ltd. announced it has acquired Firstbeat Analytics Oy, a privately-held provider of physiological analytics and metrics for consumer devices in the health, wellness, fitness and performance markets.
Aqua Lung Names General Manager, North America
Aqua Lung, the manufacturer of dive and watersports equipment, appointed Andrew Gritzbaugh as general manager, North America. He was at Gerber.
Fanatics Expands Paris Saint-Germain Deal
Paris Saint-Germain announced it has partnered with Fanatics on a ten-year e-commerce, manufacturing and licensing deal. The deal is a massive expansion and extension from the previous e-commerce-only arrangement between the two groups.
Grand Trunk Under New Ownership
Grand Trunk, the hammock and adventure travel goods business based in Skokie, IL, has been acquired by a team of Utah-based entrepreneurs. Co-founder, Kevin Kaiser will remain with the business moving forward. The new owners include Andy Stroman, founder of the outdoor specialty retailer CampSaver.com, and brothers Bruce and Dale Majors, who previously built and grew Bikewagon.com.
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