USTA CEO and Executive Director Michael Dowse will step down from his position effective March 2022. Dowse was named USTA CEO and Executive Director in October 2019 after six years as president of Wilson Sporting Goods Co.
Author: SGB Media

Kohl’s Debt Ratings Upgraded
Moody’s Investors Service changed Kohl’s Corporation’s outlook to stable from negative due to its improved credit metrics and improved profitability.

Sportsman’s Warehouse’s Third-Quarter Profits Slump 28 Percent
Sportsman’s Warehouse Holdings Inc., which recently ended its merger efforts with Bass Pro, reported profits, on an adjusted basis, declined 27.9 percent in the third quarter ended October 30 as same-store sales dipped 1.5 percent.
Vail Resorts To Acquire Seven Springs Mountain Resort
Vail Resorts, Inc. announced it had agreed to purchase Seven Springs Mountain Resort in Pennsylvania from Seven Springs Mountain Resort, Inc. As a part of the acquisition, Vail Resorts will also acquire Hidden Valley Resort and the operations of Laurel Mountain Ski Area.

NPD: U.S. Cycling Market Year-Over-Year Gains Moderate
In the 12 months ending October 2021, the U.S cycling market grew its revenue by only 3 percent compared to the prior year, to just over $8.4 billion, according to NPD Retail Tracking data. In the year-ago period, sales grew 45 percent.
The Ironman Group Appoints CMO
The Ironman Group announced it has hired Suzanne Cohen as Chief Marketing Officer (CMO).
NPD: Kids’ Activewear Sales Increased 34 percent In 2021
Overlapping with the return of in-person learning and sports activities this year, revenue from kids’ activewear increased by 34 percent in the U.S., from January through October versus last year, according to The NPD Group.

Ports Keep ‘Container Dwell Fee’ On Hold Until December 13
The ports of Los Angeles and Long Beach, CA announced that consideration of the “Container Dwell Fee” would be held off another week until December 13.
SIMA Appoints Executive Director
The Board of Directors of the Surf Industry Manufacturers Association (SIMA) announced the appointment of industry marketing veteran Vipe Desai as executive director effective immediately.
SilencerCo Appoints Creative Marketing Director
SilencerCo, based in West Valley City, UT, appointed Rich Wilkins as the new Creative Marketing Director. Wilkins will be responsible for the creative strategic direction of the manufacturer of firearm suppressors.
CCM Hockey To Merge With Jackson Ultima And Atom
Sport Maska Inc., the Montreal-based owner of the CCM Hockey brand, announced the acquisition of Tournament Sports Marketing, Inc., the owner of the Jackson Ultima and Atom brands.

Swiss Kids Outdoor Brand, Namuk, Launches In North America
Namuk, a Swiss-based sustainable outdoor brand for kids, announced its expansion into the North American market with its headquarters based in Bend, OR. Founded in 2016, this expansion allows the brand to continue to develop products that combine functionality with style while integrating its sustainability standards. “Namuk solved a need for parents looking to find […]

Aero SUP Paddle Seat Transforms Bote Paddle Boards Into Sit-Atop Vessels
Bote has introduced its patent-pending Aero SUP Paddle Seat, a “simple product with big implications in the paddle industry.” “When the response to a product is ‘How did that not already exist?’, that’s when you know you’re onto something,” said Willie Vernon, vice president, marketing, BOTE. “The Aero SUP Paddle Seat is the most elegantly […]

Isbjörn Of Sweden Builds On Green Promise For FW22 season
Isbjörn of Sweden continues its commitment to sustainability for Fall/Winter 2022, with an updated range which is “97 percent bluesign certified.” Isbjörn was one of the first outdoor kids and teen brands to become a bluesign system partner and continues to build on the company’s green promise to use only sustainable fabrics and manufacturing processes. […]
Cotopaxi Partners To Support Australia Distribution
Cotopaxi said Sport Factory Pacific Limited, based out of Auckland, New Zealand and Sydney, Australia, will be Cotopaxi’s appointed Australasian distributor.