Seattle Manufacturing Corporation (SMC) purchased the tooling and machinery to produce Omega Pacific’s top-selling carabiners – specifically the ISO forged D’s, Ovals, and select HMS models.
Author: SGB Media
Nike Temporarily Closes London Headquarters Over Coronavirus
Nike has temporarily closed its London headquarters in Soho as cases of coronavirus spreads in the U.K. Another Nike office at Doxford Park near Sunderland was also temporarily closed.
Savage Apparel Mergers With Five Ultimate
Savage Apparel Co., Five Ultimate, and ARIA Discs have merged to officially announce the launch of XII Brands.
Brazil’s Track & Field Files For IPO
Track & Field, a high-end fitness and lifestyle apparel brand with 231 stores in Brazil, has filed for an initial public offering with Brazil’s securities industry regulator.
February’s NICS Background Checks Jump 36 Percent
The FBI completed 2.8 million gun background checks in February, up 36 percent from February 2018 year ago and the third-highest monthly total since the National Instant Criminal Background Check System (NICS) began in 1998.
Fox Factory’s Bike Sales Soar In Q4
Fox Factory Holding Corp. shares were up in the mid-single digits Wednesday morning after reporting an earnings and revenue beat for the fourth quarter driven by strength across all categories, including the company’s Specialty Sports Group. That segment includes Fox Factory’s bike component brands—Fox, Marzocchi, Easton cycling and RaceFace.
Pure Archery Group Names Dave Parker VP Of Product Marketing
Pure Archery Group on Wednesday announced the addition of Dave Parker to the executive team as vice president of product marketing.
Arnold Fitness EXPO Cancelled Over Coronavirus Concerns
The Arnold Fitness EXPO, scheduled to take place in Columbus, OH from March 6 to 8, has been postponed due to coronavirus precautions. The strongman and bodybuilding events, as part of the Arnold Sports Festival, will take place but no spectators will be allowed.
SportsEngine Reaches Milestone With US Lacrosse
SportsEngine, Inc., a leading provider of sport relationship management software, announced that it has reached a milestone in its subsidiary National Center for Safety Initiatives’ (NCSI) partnership with US Lacrosse, conducting over 30,000 coach and volunteer background screens for the organization.
YKK Signs Fashion Industry Charter For Climate Action
YKK Corporation, the manufacturer of zippers and fastening products, today announced that it has become a signatory to the Fashion Industry Charter for Climate Action.
Louis Garneau Files For Bankruptcy Protection
Louis Garneau, the cycling apparel specialist, has filed for protection under the Bankruptcy and Insolvency Act in Canada. The company also announced the “temporary” layoffs of 66 employees at its corporate offices in Quebec.
Boardriders’ Debt Ratings Downgraded
Moody’s Investors Service downgraded Boardriders Inc.’s ratings, including the corporate family rating to Caa1 from B3, probability of default rating to Caa1-PD from B3-PD, and secured term loan rating to Caa1 from B3. The outlook is stable.
Fox Factory’s Q4 Sales Climb 18.5 Percent
Fox Factory Holding Corp. reported earnings on an adjusted basis rose 12.9 percent on an 18.5 percent revenue gain.
BSN Sports Acquires Nill Bros. Sports
BSN Sports announced that it has acquired Nill Bros. Sports, based in Kansas City, KS. Nill Bros. has been family-owned and operated by the Nill family since its founding in 1960 and services Kansas and Missouri.
Outdoor Retailer Issues Statement On Coronavirus Outbreak
Outdoor Retailer said Tuesday evening that while it’s closely monitoring the coronavirus situation, right now the company is “actively planning” to host the annual Summer Market June 23-25 at Colorado Convention Center in Denver, CO.
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