Ortlieb Sportartikel GmbH, manufacturer of waterproof outdoor products, announced the hire of Jürgen Siegwarth as the company’s CEO and the addition of senior staff members Jeff Scully and Martin Esslinger to its managing board.
Author: sportsoneauthor

Dorel Sports Returns To Growth In Q4
Dorel Industries Inc. reported fourth quarter revenue at its Dorel Sports segmnet inched up 0.6 percent in the fourth quarter, rebounding from a drop of 18 percent in the third quarter. The turnaround was helped by strong performances in Cycling Sports Group (CSG)’s International business and at Caloi that offset continued weakness globally at independent bicycle dealers.
New Balance Supports Sports Leadership Program At UMass Boston
The University of Massachusetts Boston will be launching a new Sport Leadership program with the help of a $5 million gift from New Balance and its chairman, Jim Davis, representing the largest gift in UMass Boston history.

Vail Resorts Sees Q2 Revenues Climb 1.2 Percent
Vail Resorts Inc. was able to deliver earnings and sales that were basically flat with year-ago levels despite historically low snowfall across the western U.S. this winter.
CODI Prices $100 Million Share Offering
Compass Diversified Holdings (CODI), owner of 5.11, Crosman, Liberty Safe and a number of other middle market businesses, priced a $100 million public offering of 4 million of its 7.875 percent series B fixed-to-floating rate cumulative preferred shares.
Stefan Jentzsch Resigns As Member Of Adidas Supervisory Board
Dr. Stefan Jentzsch, member of the Supervisory Board of Adidas AG, announced his resignation from office as of the conclusion of the company’s Annual General Meeting on May 9, 2018.

Acushnet Q4 Aided By U.S. Golf Industry Stabilization
Said David Maher, Acushnet’s president and CEO, “We like our position in the U.S. market heading into 2018 and are optimistic that the U.S. retail channel is in the best shape it has been in for some time.”

Bogs Q4 Hurt By Warm December And Retailer Caution
Impacted by a warm December and general cautiousness by retailers around replenishing out-of-stocks, Bogs sales fell 10 percent in the fourth quarter and 9 percent for the year.

Gear Coop Appoints Craig Levra President
Gear Coop appointed Craig Levra, former CEO of Sport Chalet, as president. Levra will partner with Gear Coop founder and CEO Terry Lee to drive its next leg of growth.
Physical Activity Study Shows 28 Percent of Americans Inactive
For more than five years, over a quarter of the U.S. population has indicated they were inactive. However, the 2018 Physical Activity Council Participation Report also indicates a moderate rise in participation for many sports and activities, including fitness sports, outdoor sports and winter sports.
Vermont Ski And Snowboard Areas Welcome March Snow
March came in like a friendly lion at Vermont ski resorts with some ski areas receiving over a foot of snow on Friday March 2nd.
NSSF Appoints Sig Sauer’s Tom Taylor To Board Of Governors
The National Shooting Sports Foundation Board of Governors announced the appointment of its newest board member, Tom Taylor, chief marketing officer and executive vice president, commercial sales, of Sig Sauer.
Sneakers4Funds Rebrands, Launches Prepaid Shipping Program
Sneakers4Funds, an independent division of Funds2Orgs, the nation’s largest shoe drive fundraising company, announces three strategic enhancements to push the brand to the next level.

Casa Grande High School To Outfit Entire Football Roster In VICIS ZERO1 Helmets
Casa Grande High School becomes the first team in California to equip their football roster with the VICIS ZERO1 helmet. Originally introduced to NFL and NCAA teams, the ZERO1 is now available to high school programs for the 2018 season.
Gympass Launches In The U.S.
Gympass, a platform that helps companies engage their workforce in physical activity by providing access to thousands of fitness facilities, announced its U.S. launch in 12 key markets.