Emerald Outlines COVID-19 Response Playbook

With many of its trade shows—including Outdoor Retailer Summer Market in June—already canceled or postponed, Emerald Holding Inc. has shifted into full pivot mode as it works to maintain liquidity through this downturn and convert some events to virtual ones.

Road Runner Sports To Host A Virtual Race

Road Runner Sports has partnered with Stride, the boutique fitness franchise that offers treadmill-based cardio and strength workouts, to host a national virtual race on June 3, which is Global Running Day.

Embody Secures Funding

Embody, Inc., a privately-held medical device company focused on soft tissue repair, closed a $9.3 million Series A funding round. The financing will support the commercial launch of Tapestry, its next-generation soft-tissue repair technology.

OBIT: Former Emerald CEO Sally Shankland

Sally Shankland, former CEO of Outdoor Retailer and Surf Expo parent company Emerald Holding Inc., died April 20 after a battle with cancer, the company announced Monday on its earnings call.

CODI Sets Senior Unsecured Notes Offering

Compass Diversified Holdings (CODI) announced that the company intends to commence a private add-on offering of $200 million aggregate principal amount of the company’s 8.0 percent senior notes due 2026.

Johnson Outdoors Q2 Revenues Slump 8 Percent

Johnson Outdoors Inc. reported earnings were down slightly in its fiscal second quarter ended March 27 on an 8 percent revenue decline. Year-to-date revenue and net income compared favorably to the prior year fiscal six-month period.

Disabled Sports Merges With Adaptive Sports To Become Move United

Disabled Sports USA and Adaptive Sports USA are merging to become Move United. This new organization will lead the movement to fully include people with disabilities in American society, using sport to challenge perceptions and redefine ability for youth and adults with disabilities.

Duluth Holdings Starts To Re-Open Stores

Duluth Holdings Inc. said it re-opened 20 retail stores on Monday where COVID-19 restrictions have been lifted and is preparing to re-open the balance as other states lift their pandemic mandates. The apparel company also announced steps to shore up its liquidity.,

Gold’s Gym Files For Chapter 11 Bankruptcy Protection

Gold’s Gym filed for Chapter 11 bankruptcy protection Monday as the fitness chain deals with the closure of outlets across the country due to coronavirus. The filing does not involve franchise-owned gyms and the company expects to emerge from bankruptcy proceedings by August.

Event Cancellations Plague Emerald’s Q1 Performance

Because of numerous event cancellations due to the COVID-19 pandemic, San Juan Capistrano, CA-based Emerald Holding Inc.—the operator of Outdoor Retailer, Surf Expo and other trade shows—reported revenue for the first quarter declined 27.4 percent to $99.7 million.