S&P Global Rating reduced its outlook on S&S Activewear to negative as the imprintable apparel distributor has underperformed the rating agency’s EBITDA and free operating cash flow (FOCF) expectations since the acquisition of Alphabroder in the second half of 2024, due largely to continued softness in the promotional products industry.
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Brownells Mourns the Passing of Frank Brownell, III
Long-time family patriarch Frank Brownell, who held the positions of president, CEO, and chairman of the Board at Brownells. Brownell passed away in Grinnell, IA, on June 18, 2025, after a lengthy illness. He was six days shy of his 86th birthday.
EXEC: Rip Curl Inches Up, Oboz Sinks for Parent KMD’s YTD Period
Rip Curl global direct-to-consumer sales continued to grow year-over-year (YOY) through the second half of fiscal 2025 to-date, with strong comparable sales results in North American flagship stores.
Branded Bills Expands Sales Team; Opens New Headquarters
The company added three account reps in the Northeast (Jeff Dibona), Midwest (Dan Giedemeyer) and West Coast (Griffin Stoddard). The new Tempe, AZ headquarters consolidates warehouse, production, sales, and creative operations.
Survey: Golf Getaways and Digital Engagement Key Focus for the Average U.S. Golfer
Over half of U.S. players (approximately 23 million in total) take at least one golf trip per year, with 31 percent taking two or more trips. With an average length of 3.33 days, these trips are common to either Florida and California or to overseas destinations such as Scotland, Ireland and the Iberian Peninsula.
EXEC: Koroyd, Smith, and Burton Settle U.S. Patent Dispute with Exclusive Patent License Agreements
Under the settlement terms, WaveCel technology is now restricted to use solely by Burton in those licensed, redesigned snow sports helmets, and may not be offered, supplied, or integrated with any other brands or partners in the snow sports helmet market.
Marcus Lemonis Comes Out Strong in Favor of BBB RV Provision
Camping World Holdings, Inc. announced that it is taking a firm position in support of the RV loan interest deduction provision in the proposed legislation known as the Big Beautiful Bill.
The Dyrt: 2025 Best Places to Camp Regional Awards
Among all the campgrounds, parks, RV resorts, and dispersed areas in the U.S., these sites are some of the most popular regional picks in the U.S. from The Dyrt campers over the past year.
La Sportiva Debuts Technical Packs and Equipment Line
Built for rugged approaches, backcountry lines, and year-round use
Hodgdon Powder Company Co-Founder JB Hodgdon Passes Away
With his brother Bob, JB Hodgdon continued the legacy of Hodgdon Powder Company started by his father and grew the company into the preeminent supplier of gunpowder and black powder substitutes for handloading and muzzleloading enthusiasts.
Adidas Names New Managing Director of Adidas Korea
Marcus Morent began his career at Adidas in 2005 in the retail finance institutional sector for the EMEA (Europe, Middle East, Africa) region. He later led the retail and e-commerce businesses at Adidas Korea from 2014 to 2019, serving as VP of Latin America, DTC, and, most recently, as CEO of Adidas Colombia.
Kicks Crew Secures Investment from Dwyane Wade and D’Angelo Russell
The partnership comes as Wade showcased Russell’s debut signature sneaker, the DL, last month, marking the first athletic-specific shoe under his “Way of Wade” brand umbrella. The two will also serve as ambassador athletes for the platform.
JD Sports Lands on the Vegas Strip with New Flagship Store
The opening of a new flagship on Las Vegas Boulevard is said to mark JD’s third in the U.S. and its continued “connection to global youth culture in the most influential cities across the U.S.” As of 3 May 2025, there were 339 JD stores across North America (including Canada).
Faxon Firearms Rounds Out National Sales Coverage with Donaldson & Associates
Donaldson & Associates will serve dealers and distributors in Minnesota, Wisconsin, the Dakotas, and the MINK states, joining six other agencies to provide national U.S. coverage for Faxon Firearms for the first time since its founding.
Sturm, Ruger to Absorb Restructuring Costs to Clear Inventories, Realign Organization
In an internal memo marking his 100th day as Sturm, Ruger & Co.’s CEO, Todd Seyfert said he expects the firearms maker to incur $15 million to $20 million in expenses over the remainder of the year to clear obsolete inventories, reset its leadership structure and cover severance as part of an organizational realignment.
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