Newell Brands Inc. announced that it has completed divestitures of two businesses, Pure Fishing and Jostens, as the company continues to execute on its Accelerated Transformation Plan, designed to create a simpler, faster, stronger consumer-focused portfolio of leading brands.
Category: Outdoor
MTV’s SnowGlobe Expands Sponsorship Program For 2018 Festival
MTV’s SnowGlobe Music Festival announced an expanded sponsorship program for the festival’s eighth installment on December 29-31, 2018, in South Lake Tahoe, CA. The annual three-day event welcomes more than 20,000 fans each day with a mix of musical performances, live action sports, and interactive art exhibitions.
2018 Year In Review: Movers And Shakers Give Industry New Look
The active lifestyle, outdoor and sporting goods industries saw plenty of executive appointments and promotions in 2018, with companies like Nike Inc. and VF Corp. among those that saw the most announcements throughout the year, including G. Scott Uzzell (pictured) being named president and CEO of Nike subsidiary Converse Inc.
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.
Burton U∙S∙Open To Stay In Vail For Three More Years
Burton Snowboards, the Town of Vail, and Vail Mountain officially announced a three-year contract extension that will keep the Burton U∙S∙Open Snowboarding Championships in Vail, CO through 2021.
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.
NormaTec Partners With USA Nordic
USA Nordic announced a new partnership with NormaTec that includes a NormaTec recovery center at their new training facility.
RAVE Reviews Releases Ranking Of 10 Best Ski Towns In America
The top five are Bend, OR; Telluride, CO; Sandpoint, ID; Jackson Hole, WY; and Truckee, CA.
ACT Lab Earns Contract From National Highway Transportation Safety Administration
ACT Lab, the independent ISO 17025 accredited laboratory that conducts safety and compliance testing for the motorcycle, bike and outdoor industries, has earned a repeat 5-year contract from the National Highway Transportation Safety Administration (NHTSA).
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.
2018 Year In Review: Most-Read SGB Executive Stories
SGB Executive covered an array of sporting goods, outdoors and active lifestyle stories in 2018, but clearly some topics resonated with readers more than others. Our list of the 25 most popular SGB Executive stories during the past 12 months ranges from channel upheaval to companies taking a stance on social issues to new executive appointments to brands’ financial success or sluggishness.
2018 Year In Review: M&A Goes Outside The Box
A healthy dose of straightforward mergers and acquisitions occurred in the sporting goods, outdoor and active lifestyle industries in 2018, but a handful of unconventional deals stole the spotlight. Outside-the-box transactions—which garnered much more attention than traditional ones—included a consortium of Chinese investors and a well-known active lifestyle name purchasing Amer Sports (pictured).
States Scramble To Keep National Parks Open
A number of parks are digging into their own treasuries to keep their federal properties, including national parks, open and maintained during the partial government shutdown, according to reports. The shutdown, which began on Saturday, affected national parks unevenly, some still accessible with bare-bones staffing levels, some operating with money from states or charitable groups and others locked off.
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