The 19th annual National Health Through Fitness Day on March 7 featured Herschel Walker, Pat LaFontaine and other elite athletes encouraging Congress to pass the bipartisan HSA reform, which includes the PHIT Act.
Category: Apparel

Poll: Dick’s Favorability Rating Remain “Fairly Stable” Following Gun Sale Policy Change
According to analysis from Morning Consult Brand Intelligence, Dick’s Sporting Good’s overall net favorability has remained fairly stable since its announcement on February 28 that it would tighten restrictions on gun sales.
NRI Opens Eastern Canada Location
NRI Distribution announced its commitment to open a Montreal facility in May of this year to mark its expansion into Eastern Canada.
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.”

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.
Gander Outdoors Announces Grand Opening At DeForest, WI Location
Gander Outdoors, formerly known as Gander Mountain, is opening this week in DeForest, WI.
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.
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.
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.