OIA Endorses Maria Cantwell For U.S. Senate

Outdoor Industry Association (OIA) announced the association’s endorsement of U.S. Senator Maria Cantwell for re-election because she is a longtime champion of the outdoor industry and actively works to bolster Washington state’s $26.2 billion outdoor recreation economy and the 201,000 jobs it supports.

Timberland Renews Eyewear License

Marcolin Group, one of the world’s leading eyewear companies, and TBL Licensing LLC, announced the early renewal of the licensing agreement for the design, production and worldwide distribution of Timberland optical frames and sunglasses.

Businesses Unite As Conservation Program Faces Expiration

The Conservation Alliance and Outdoor Industry Association released a letter Monday signed by more than 280 outdoor-focused businesses and organizations asking Congress to permanently reauthorize the Land and Water Conservation Fund (LWCF) with full and dedicated funding.

NSAA Hires National Marketing And Communications Director

The National Ski Areas Association (NSAA) has named Adrienne Saia Isaac to the newly formed position of marketing and communications director. Isaac brings relevant ski area perspective to the role, having served as marketing and communications manager at Arapahoe Basin, CO, for the past six years.

Light & Motion CEO Discusses Tariffs On NPR

Daniel Emerson, CEO of Light & Motion, was interviewed on Monday by Audie Cornish on the National Public Radio program, All Things Considered. The story is about the third round of United States’ tariffs on China that started Monday. Emerson said the tariffs “tax U.S. production, but give a free pass to our China-built competition.”

OIA Endorses Martin Heinrich

Outdoor Industry Association (OIA) announced the association’s endorsement of U.S. Senator Martin Heinrich for reelection, due in large part to his tireless support for New Mexico’s public land and water and the state’s nearly $10 billion outdoor recreation economy, along with the 99,000 jobs it supports.

Moody’s Downgrades Academy’s Debt Ratings

The downgrade of the term loan reflects the company’s lower estimated recovery rate as a result of the recent asset-based revolver upsize. At the same time, the affirmation of the CFR and PDR reflects Moody’s view that while leverage is likely to remain elevated, Academy’s good liquidity provides the company with flexibility to turn around its operating performance.

Behind The Deal: Peak Resorts Makes Strong Play With Snow Time Acquisition

The move that Peak Resorts Inc. made Monday—the $76 million acquisition of Snow Time Inc. and its three Pennsylvania ski areas—won’t generate the same buzz as deals made by competitors such as Vail and Alterra, but the Wildwood, MO-based company’s purchase does pack plenty of punch. Company executives spoke with SGB about the purchase.

Elevator Group Merges With True North Brand Group

Elevator Group, a strategic and creative agency known for launching brands and product lines. and True North Brand Group Inc., specializing in launching products, brand awareness and measurement, are merging to form Elevator North.