Trivest Partners announced that its affiliate, ASB Sports, has acquired the team sports division of Universal Athletic, which is headquartered in Bozeman, MT.
Author: SGB Media

February M&A Roundup: BSN Sports, CGPR And More
BSN Sports dominated last month’s M&A activity. The Dallas, TX-based team sports apparel and equipment distributor announced a trio of acquisitions in February, bringing the company’s 2020 total to four. Also, the boutique outdoor and active lifestyle public relations firm CGPR found a new home with a larger agency in a deal that provides synergies for both.

Nike And Columbia Sportswear Take Emergency Coronavirus Precautions
Nike closed its Oregon headquarters over the weekend and is closing European headquarters in Amsterdam on Monday and Tuesday for deep cleaning in response to the coronavirus outbreak. Columbia Sportswear also over the weekend thoroughly disinfected its offices in Portland, OR.

Shaun White Ends Olympic Skateboarding Bid
Shaun White, the three-time snowboarding champion, said he won’t try to qualify for the U.S. skateboarding team in that sport’s Olympic debut later this year in Tokyo.

Olin Corp. Appoints Two Board Members
Olin Corp., the parent of Winchester, announced the appointment of Scott Ferguson and W. Barnes Hauptfuhrer to its Board of Directors, effective immediately. Olin also entered into an agreement with Sachem Head Capital Management LP.

Coronavirus Threatens U.S. Mall Traffic
According to a survey from Coresight Research, nearly three-quarters of U.S. consumers would stay away from malls or shopping centers if the coronavirus outbreak worsens in the U.S.

Gannett/EnMotive Names John Smith As VP Of Partnerships
Gannett and its EnMotive Company division announced that industry veteran John Smith has joined the company as vice president of partnerships, effective immediately.

Skechers Partners With Carlsbad 5000
Groundwork Endurance has announced its partnership with Skechers for the 35th annual Carlsbad 5000 presented by National University.

Puma’s Former CEO Becomes Acting CEO Of Harley-Davidson
Harley-Davidson Inc. announced that Jochen Zeitz, the former chairman and CEO of Puma, has become acting president and CEO. His appointment comes as Matthew Levatich stepped down as president and CEO.

St. Croix Adds New Sales Director
Steve Self has joined St. Croix Rod as the company’s director of sales. He most recently served as vice president of sales for Maurice Sporting Goods.

BSN Sports Acquires Athletics Unlimited
BSN Sports, a direct marketer and distributor of sporting goods to the school and league markets and a division of Varsity Brands, on Friday announced that it has acquired Athletics Unlimited, based in Sacramento, CA. Financial terms of the deal weren’t disclosed.

Acushnet’s Momentum Jeopardized By Coronavirus
Acushnet Holdings Corp. is riding an impressive wave of momentum into 2020. But the Fairhaven, MA-based parent of Titleist and other brands is facing a sizeable hazard midway through the first quarter, one that should be a drag on the top and bottom lines for at least the first half of the year—the coronavirus.

Camping World Turns The Page
Last year, Camping World Holdings Inc. closed or sold more than 60 locations that didn’t sell or service RVs, a move took a toll on 2019 results by causing some short-term revenue and earnings pressure. But as Camping World turns the page on its retail model and refocuses on its core RV business, the company appears better positioned for 2020 and beyond.

Aisle Talk Week Of February 24
Top headlines from across the active lifestyle industry featured in SGB during the week of February 24, 2020.

Ikon Pass Unlocks Winter 2020/21 On March 5, 2020
After debuting January 2018, the Ikon Pass enters its third season with 41 global mountain destinations, a new four-day product, and continued pass holder benefits. The Pass goes on sale March 5.