Kearney’s annual Earth Day survey found consumers still show a strong and growing interest in the environment even as COVID-19 continues to ravage the nation.
Author: SGB Media
RECALL: Field & Stream Safety Ropes
About 63,000 Field & Stream safety ropes are being recalled by Dick’s Sporting Goods. According to a release from the U.S. Consumer Product Safety Commission, the ropes can fail when used in freezing conditions, posing fall and injury hazards.
Emerald Holding To Receive $400 Million Convertible Preferred Stock Infusion
Emerald Holding Inc., the parent of Surf Expo, Outdoor Retailer and other trade shows, announced plans to raise $400 million through the issuance of convertible participating preferred stock to affiliates of Onex Corporation, the company’s controlling stockholder and in a subsequent rights offering.
Head Appoints VP of Marketing, North America
Head promoted Jeff Bardsley, a 27-year veteran, to VP of marketing, North America. Bardsley has held a variety of positions within Head Canada.
Mall Owner Simon Terminates Deal To Buy Taubman
Simon Property Group, the largest U.S. mall owner, announced that it has exercised its contractual right to terminate its February 9, 2020 merger agreement with high-end mall owner Taubman Centers. Simon argues that Taubman has breached its obligations, specifically by not taking steps “to mitigate the impact of the pandemic as others in the industry have.”
Survey Highlights Disruption Facing Endurance Race Events
According to a recent survey of nearly 400 endurance event professionals from Running USA, 67 percent expect to need additional funding to support their events beyond the Paycheck Protection Program (PPP).
Hunter Boots CEO Exits Amid Strategic Review
Hunter Boots announced that CEO Vincent Wauters will step down “by mutual agreement” at the end of July to pursue new opportunities. His exit comes as Hunter begins a strategic review. Wauters joined Hunter in 2016 from Arc’teryx, where he was president.
Safilo’s Debt Rating Downgraded
Moody’s Investors Service lowered its debt rating on the Italian eyeglass manufacturer Safilo S.p.A. due to the prolonged lockdown measures in most European and American countries and its impact on sales, distribution and manufacturing.
MLS To Return July 8
Major League Soccer (MLS) announced the league’s plan to restart the 2020 season with all 26 clubs competing in the MLS is Back Tournament at ESPN Wide World of Sports Complex at Walt Disney World Resort in Florida beginning July 8.
Christy Sports Donates $165,000 For COVID-19 Relief
Christy Sports LLC, one of the largest ski retailers in the U.S., announced over $165,000 in donations for COVID-19 Relief. The company focused on contributions in Colorado, Utah, Washington, and New Mexico to support communities where they operate.
Outdoor Retailer Introduces Outdoor Retailer Online This Summer
Outdoor Retailer has launched a new Outdoor Retailer Online platform in the wake of the cancellation of Outdoor Retailer Summer Market due to COVID-19. An online, three-day outdoor business, networking, and educational event will run from July 21-23, 2020.
Merrell Appoints Chief Marketing Officer
Merrell, a division of Wolverine World Wide, Inc., announced the appointment of Janice Tennant to the position of chief marketing officer, reporting directly to Merrell’s global brand president, Chris Hufnagel. She was formerly chief marketing officer for Cat Footwear.
Great American Outdoors Act Moves Toward Final Senate Passage
On Tuesday, the U.S. Senate voted 80-17 to proceed with consideration of the Great American Outdoors Act, a massive legislative package to fund access to and maintenance of the nation’s public lands. A final vote on the measure is expected within a week.
CrossFit’s Founder Resigns Following Comments On George Floyd
Greg Glassman, founder and CEO of CrossFit, is stepping down in the wake of making numerous insensitive comments about the death of George Floyd. Dave Castro, the director of the CrossFit Games and co-director of training, will assume the CEO role.
USTA To Cut 110 Jobs, Close New York Headquarters
The USTA (U.S. Tennis Association) announced plans to lay off 110 employees and close its White Plains, NY Office as part of a restructuring in the wake of COVID-19.
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