2018 Bankruptcy Blotter

Performance Bicycle and Sears led a number of companies that landed in bankruptcy court in 2018 although the case load was lighter than recent years and a major liquidation was avoided for a change. Others major filings included Rockport, Bon-Ton, Walking Company, Remington Outdoor and AcuSport.

Noso Patches Awarded Economic Development Grant

Noso Patches, the maker of all-purpose patches that fix rips, snags and tears,  was awarded a Kickstart: Wyoming grant this month by the Wyoming Business Council, the state of Wyoming’s Economic Development Agency.

TeamSnap Appoints VP To Expand Payments Platform

TeamSnap, based in Boulder, CO, has hired, Becky Kopplin, as the company’s vice president of payments in an effort to expand its popular payments solutions platform to better serve the growing demand from sports and recreation clubs, leagues and teams.

Twitter CEO And NBA Commissioner To Discuss Partnership At CES 2019

The Consumer Technology Association (CTA) announced that Twitter CEO Jack Dorsey and NBA Commissioner Adam Silver will sit down for a conversation with ESPN anchor Rachel Nichols at CES 2019. The session, #NBATwitter: A Conversation with Adam Silver and Jack Dorsey, will discuss their innovative partnership, the NBA’s approach to sports technology with a spotlight on #NBATwitter and the reasons the vibrant community continues to flourish.

Report: USA Cycling To Hire Rob DeMartini As CEO

USA Cycling plans to hire Rob DeMartini, who is stepping down as New Balance’s president and CEO at the close of the year, as its new CEO, according to Cycling News. He replaces outgoing CEO Derek Bouchard-Hall. 

Former NYC Marathon Exec Mary Wittenberg Joins EF Education First

EF Education First (EF), the world leader in international education, announced that experienced sport and fitness executive Mary Wittenberg has joined EF as president of EF Pro Cycling. Wittenberg will help position the team for future success and promote EF’s mission of opening the world through education by encouraging people to step outside of their comfort zones and explore the world.

Southeast Lodging Properties Booming This Winter Season

Aggregated data for lodging properties in nine Southeast destinations in five southeastern states are posting gains in occupancy and revenue for five of the six winter months – but the data is somewhat of an anomaly this year as the impact of Hurricane Michael along the Florida Panhandle has significantly shifted usage of units in the region, according to Inntopia.

Amazon Sees Record Holiday Sales

Amazon  announced a “record-breaking holiday season”  with athleisure cited as a “top trend” and Nike, Adidas, Carhartt and Champion landing on its top-sellers list.