Nike Announces Senior Leadership Changes

Nike Inc. on Tuesday announced a series of senior leadership changes, starting with Heidi O’Neill, president of Nike Direct, becoming president of consumer and marketplace on April 1. She will succeed Elliott Hill, who is retiring from Nike.

Pop Warner Launches Its Own Uniform Brand

Pop Warner Little Scholars Inc., the nation’s premier youth football organization, is introducing its own brand of custom-designed tackle football, flag football and cheerleading uniforms. Pop Warner’s decision to create its own uniform brand is in response to local team administrators around the nation who wanted a simpler, more cost-effective and reliable alternative to ordering uniforms.

Meier Skis’ Ted Eynon Talks Sustainability, ‘Craft Skiery’ And More

Meier Skis dubbed its Denver, CO, digs a “craft skiery”—a combination manufacturing facility and bar where patrons can learn about the brand, watch the production process and knock back a cold one. At last month’s Outdoor + Snow Show, company owner Ted Eynon dished on the concept and other initiatives brewing at the independent ski maker.

Boy Scouts Of America Files Bankruptcy

The Boy Scouts of America (BSA) said on Tuesday that it had filed for Chapter 11 bankruptcy amid a flood of lawsuits over allegations of child sexual abuse stretching back decades.

Anta Sports Sees Coronavirus Outbreak Impacting First-Half Results

Anta Sports Products expects the coronavirus outbreak will impact its financial performance in the first half of 2020 but is aiming for a recovery in the second half, the Chinese company said in a stock exchange filing. Roughly 40 percent of the company’s stores in mainland China have re-opened.

Moody’s Assigns A3 Ratings To VF’s Proposed Euro Notes

Moody’s Investors Service assigned A3 ratings to V.F. Corporation’s proposed senior unsecured Euro notes. The stable outlook reflects Moody’s expectation that the company will maintain its strong position in the global apparel industry and sustain longer term positive trends in revenue growth while continuing to generate healthy operating margins.

S&P Reduces Boardriders’ Outlook To Negative

S&P Global Ratings lowered its debt ratings outlook on Boardriders Inc. reflecting our revised expectations for negative free operating cash flows (FOCF) through fiscal 2020 and the potential for a covenant violation.