Gander Outdoors, formerly known as Gander Mountain, is opening this week in DeForest, WI.
Author: SGB Media
Moody’s Assigns B3 CFR To Boardriders
Moody’s Investors Service assigned a B3 Corporate Family Rating (CFR) to Boardriders Inc.. At the same time, Moody’s assigned a B3 rating to its proposed $450 million Senior Secured Term Loan due 2024 and a B3-PD Probability of Default (PDR) rating. The rating outlook is stable.
Bogs Sales Decline 10 Percent In Q4
Weyco Group Inc. reported sales of Bogs sales declined 10 percent for the fourth quarter, mostly due to lower sales to outdoor and online retailers.
WHOOP Announces $25 Million Series C Financing
WHOOP, the human performance company, announced a $25 million Series C financing round led by UAE71 Capital with participation from the National Football League Players Association (NFLPA), Durant Company, Thursday Ventures, and existing investors including Two Sigma Ventures, Accomplice, Mousse Partners, Promus Ventures and NextView Ventures.
RYU Apparel Announces Appointment Of Cesare Fazari To Advisory Board
RYU Apparel Inc. announced the appointment of Cesare Fazari, founding partner in Northwood Developments, to the Advisory Board and the grant of stock options.
Wolverine Names Greg Tunney President Of Hush Puppies
Wolverine World Wide, Inc. announced Greg Tunney will be joining the company as president of Hush Puppies, reporting to Todd Spaletto, president of the Outdoor & Lifestyle Group. Tunney formerly ran RG Barry.
LifeProof Announces Official Sponsorship Of World Surf League
LifeProof, the leading seller of waterproof cases in the U.S., announced a partnership with the World Surf League across 2018 North American events as well as the season kickoff, the Quiksilver and Roxy Pro Gold Coast.
Cascade Designs Founder And Chairman Of The Board John Burroughs Steps Down
Cascade Designs, Inc. announced that company founder and chairman of the board, John Burroughs, will be leaving his post after 46 years of company leadership.
Fitbit Adds Board Member
Fitbit, Inc. announced that Brad Fluegel has joined the Fitbit, Inc. board of directors. Fluegel recently retired as senior vice president, chief healthcare commercial market development officer for Walgreens.
Outdoor Research Hires Head Of Finance and Operations
Outdoor Research, the Seattle-based maker of industry leading apparel and gear, this month hired Roger Barton as head of finance and operations. Barton was most recently at Newell Brands Technical Apparel, which include the Marmot and ExOfficio brands.
BLDG Active Welcomes Brian Lopes As An Athlete Ambassador
BLDG Active announced the addition of pro Multi-World Champ Brian Lopes to its ambassador team.
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Nautilus Seeing Healthy Response To Bowflex Treadmills
Nautilus Inc. said sales in its Retail segment were down in the fourth quarter due to timing issues but retail sell-throughs were strong for the Bowflex MaxTrainer as well as the recently-introduced Bowflex cardio line of treadmills and elliptical. Companywide, earnings were slightly down but in line with targets.
The Walking Company Reaches Agreement On Recapitalization
The Walking Company Holdings Inc., has announced that it has obtained critical stakeholder support for a comprehensive recapitalization of the company. The company’s controlling shareholders have committed to invest $10 million in new equity into the company and it has obtained debtor-in-possession (DIP) financing from it lender, Wells Fargo Bank, for up to $50 million.
RumbleRoller Rolls Into Partnership With Mobility Expert And Founder Of MobilityWOD Kelly Starrett
RumbleRoller announces a partnership with renowned CrossFit coach, founder of MobilityWOD and physical therapist, Kelly Starrett
NBA Considering Removing “One and Done” Age Limit
The NBA is considering ending the “one-and-done” age limit rule for players who want to enter the NBA draft in wake of the pay-for-play scandal roiling college basketball, according to a report from ESPN.