PrimaLoft, Inc. inked a licensing agreement with Fiberpartner, a global supplier of stapled fibers, technical yarns and plastics. The agreement allows Fiberpartner to develop the use of Primaloft’s PrimaLoft Bio technology in multiple new industries. (Read More)
The 2020 Bicycle Leadership Conference (BLC), which had been rescheduled to September 29 – October 1, will move to an online interactive “Virtual BLC” due to COVID-19. (Read More)
S&P Global Ratings said it is revising its outlook on the debt ratings of Winnebago Industries to stable from negative. The rating's agency believes RV demand could grow at least over the next few months as new buyers entering the market offset high unemployment. (Read More)
After 16 years at the helm of PeopleForBikes and four decades working in the bike industry, President Tim Blumenthal has announced his retirement. Jenn Dice, the organization’s COO, will become president and CEO on July 1. (Read More)
Pocket Outdoor Media (POM), the endurance sports media platform, announced the acquisition of the Healthy Living, Fitness, and Outdoor divisions of Active Interest Media (AIM). Included in the AIM acquisition are: Yoga Journal, SKI, Climbing, Backpacker, Warren Miller Entertainment, Oxygen, IDEA Health and Fitness Association, Clean Eating, Vegetarian Times, Better Nutrition, NatuRx, Muscle & Performance, Nastar, Fly Fishing Film Tour, National Park Trips, and SNEWS. (Read More)
The Outdoor Industry Association (OIA) commended the House of Representatives Select Committee on the Climate Crisis for releasing its action plan to solve the climate crisis. The goal of its roadmap is to “build a prosperous, clean energy economy that values workers, advances environmental justice, and is prepared to meet the challenges of the climate crisis.” (Read More)
Grand Trunk, the hammock and adventure travel goods business based in Skokie, IL, has been acquired by a team of Utah-based entrepreneurs. Co-founder, Kevin Kaiser will remain with the business moving forward. The new owners include Andy Stroman, founder of the outdoor specialty retailer CampSaver.com, and brothers Bruce and Dale Majors, who previously built and grew Bikewagon.com. (Read More)
Winnebago Industries Inc. announced today that it intends to offer $300.0 million in aggregate principal amount of senior secured notes due 2028. (Read More)
Adidas, Reebok, Lululemon, Arc’teryx and MEC have joined the boycott of Facebook after six civil rights groups called on businesses to stop advertising on Facebook in July to push the social network to do more to combat hate speech and misinformation. (Read More)
A Gartner Inc. survey of 260 global supply chain leaders in February and March 2020 found that 33 percent had moved sourcing and manufacturing activities out of China or plan to do so in the next two to three years. Survey results show that the COVID-19 pandemic is only one of several disruptions that have put global supply chains under pressure. (Read More)
