Outdoor Vendor

CODI Issues COVID-19 Update

CODI Issues COVID-19 Update

Compass Diversified Holdings (CODI), the parent of 5.11 Tactical, Velocity Outdoor and Liberty Safe, in a letter to shareholders, said it has a detailed crisis preparedness plan in place and "sufficient liquidity" to manage during the COVID-19 pandemic. (Read More)

Boardriders Announces Coronavirus Response  

Boardriders Announces Coronavirus Response  

Boardriders Inc., the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA and Element, announced today that it is taking a range of actions to respond to the global health crisis, as well as the associated demand impact that government-mandated shutdowns have had on its business. (Read More)

Academy Sports Remains Open For Business

Academy Sports Remains Open For Business

Academy Sports + Outdoors said in a letter to customers that almost all of its stores and all three of its DCs remain open for business. The retailer said it has been determined to be an essential retailer by several CISA sector standards in part because the retailer’s products are used to counter severe weather season in the southwest region. (Read More)

Helen Of Troy Provides COVID-19 Update

Helen Of Troy Provides COVID-19 Update

Helen of Troy, the parent of Hydro Flask, said its executive leadership team is taking temporary salary reductions and it's introducing cost-containment efforts in response to the impact of COVID-19 on the current business environment. Borrowings were also increased under its credit line. (Read More)

Amer Sports’ Debt Ratings Downgraded

Amer Sports’ Debt Ratings Downgraded

Moody's assumes Amer Sports' revenue in 2020 will decline over 20 percent year-on-year due to the worldwide spread of the coronavirus outbreak, particularly across Europe and North America. The ratings agency cited Amer's products are "highly discretionary" and current restrictions on many traveling and sports activities. (Read More)

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