Spartan, known for its obstacle course race (OCR) and endurance races, will offer up to one million free event entries to members of fitness facilities who continue to pay their dues, in an effort to support the industry that has been devastated by the COVID-19 pandemic.
Author: SGB Media
Rocky Mountain Bicycles Appoints Chief Commercial Officer
Rocky Mountain Bicycles has announced the hiring of David Cathcart as its new chief commercial officer. Since 1998, Cathcart has pursued a career in sports and cycling at both the Saris Cycling Group and Garneau, as a member of their executive teams.
American Pacific Acquires SaltStick
American Pacific Group has purchased SaltStick, a Malibu, CA-based provider of electrolyte supplement products designed for high-endurance athletes. American Pacific made the acquisition through its Roadrunner Holdings platform, which it will use to target other sports nutrition brands and related products.
Darn Tough Vermont Donates 10,000 Socks To Frontline Workers
Darn Tough Vermont is donating 10,000 pairs of socks to hospitals across its home state of Vermont.
Inaugural Rock ‘n’ Roll Virtual Running Series Race Draws 11,000
A total of more than 11,000 people from 80 nations and all 50 states took part in the Rock ‘n’ Roll VR1, the inaugural event in the Rock ‘n’ Roll Virtual Running (VR) Series held last weekend. Rock ‘n’ Roll VR1 consisted of a 5K with participants having the ability to compete anywhere, indoors or outdoors.
Helen of Troy’s Houseware Sales Climb 15 Percent In Q4
Helen of Troy Ltd. reported sales at its Housewares segment, which includes Hydro Flask and OXO, increased 15.0 percent in the fourth quarter ended February 29.
Simon Property Group To Reopen 49 Malls
Numerous reports on Tuesday afternoon said Simon Property Group would reopen 49 malls that have been shuttered for more than a month due to the coronavirus.
Rocky Brands Hits COVID-19 Headwinds In Q1
Rocky Brands Inc. reported first-quarter net sales of $55.7 million, down from $65.9 million in the year-ago period. The company reported first quarter net income of $1.2 million, or 16 cents per diluted share, compared to net income of $3.6 million, or 48 cents per diluted share, in the first quarter of 2019.
Ikon Pass Adds Two Destinations For 2020/21 Ski Season
Alterra Mountain Co. has announced two additions to its Ikon Pass for the 2020/21 ski season—Mt. Bachelor in Oregon and Windham Mountain in New York—bringing the pass’s total to 43 destinations.
Concept One Disputes Charges In Northwest Company Bankruptcy
Sam Hafif, CEO, Concept One Accessories, in a statement denied his company made any “inaccurate representations” prior to the 2017 sale of its team sports bag business to The Northwest Company (TNC). The charge against Concept One was included in court papers related to TNC’s bankruptcy filing.
RV Shipments Plummet 20 Percent In March
RV shipments totaled 30,288 units in March, a decrease of 20.3 percent from the 38,015 units shipped in March 2019, according to the RV Industry Association’s March 2020 survey of manufacturers.
Amid Record Sales In 2019, REI Co-Op Ramps Up Reinvestment
Last year was one of transition for REI Co-op, highlighted by a surprising and controversial change at CEO. But 2019 also saw the Kent, WA-based retail giant continue to ramp up its investment in the outdoor community.
WSL Postpones All Events Through June
Due to the continued evolution of the COVID-19 pandemic, the World Surf League (WSL) said it is postponing or canceling all events, at all levels of competition, through the end of June. The WSL will continue to monitor the situation and make the next call in early June.
Vail Resorts Announces Pass Credits To Make Amends For Shortened Season
After the 2019/20 ski season was cut short due to the coronavirus, Vail Resorts Inc. is making amends for skiers and snowboarders who felt they deserved compensation after not getting their money’s worth from their Epic Pass investment. The company said Monday it would offer credits to 2019/20 pass holders who purchase a 2020/21 Epic Pass.
JD Sports Suspends Dividend, Cuts Salaries
JD Sports said it will suspend its dividend, reduce the salaries of its senior management team and defer bonuses in order to support liquidity as a precautionary measure amid the COVID-19 pandemic.
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