CODI Proposes Debt Offering
Compass Diversified Holdings (CODI) plans to commence an offering of $400 million of senior unsecured notes due 2026 in a private offering.
Under Armour Gets Hacked
In another blow for the brand, Under Armour admitted that that as many as 150 million MyFitnessPal user accounts were compromised in February of this year. The incident stands as one of the biggest hacks in history.
Aisle Talk, Week of March 26
Top headlines from the active lifestyle industry you may have missed this week including VF Corp. appointed Steve Murray, pictured left, former President of Vans, to VP Strategic Projects.
Vista Outdoor Names Chief Financial Officer
Vista Outdoor Inc. named Miguel “Mick” Lopez as the company’s senior vice president and chief financial officer.
Gander Outdoors Opens In Gastonia, NC
The 42,000-square-foot store will be one of six Gander Outdoors retail locations in North Carolina.
Camping World Secures Third Amendment To Its Credit Facility
Camping World has secured a third amendment to its credit facility that reduces its interest rate and increases the term loan facility by $250 million.
Sportsman’s Warehouse’s Q4 Earnings Slide On Margin Pressures
Sportsman’s Warehouse Holdings Inc. reported fourth-quarter earnings on an adjusted basis slid 20 percent and missed guidance due to “an elevated promotional backdrop and a tax-reform driven investment in our associates.” Same-store sales sunk 4.5 percent, in line with guidance.
Remington’s Bankruptcy Latest Trouble For Firearms Industry
The firearms industry suffered another blow Sunday when, as expected, Remington Outdoor Co. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware.
Yeti Withdraws IPO Plans
Yeti Holdings Inc. has ended its plans to go public due to “market conditions.”
Gander Outdoors Prepares For Grand Opening In Greenfield, IN
The 45,000-square-foot store will be one of three Gander Outdoor retail locations in Indiana.
Burris Company Names Logan Holtz Digital Marketing And Social Media Manager
Burris Company, Inc. known for its precision-made optics under the Steiner and Burris brands, announced Logan Holtz as its new digital marketing and social media manager.
Remington Outdoor Files For Bankruptcy
Remington Outdoor Co. Inc. as expected, filed for bankruptcy protection in Delaware to to execute a debt restructuring deal.
Aisle Talk, Week of March 19
Top headlines from the active lifestyle industry you may have missed this week.
Outdoor, Footwear, Fashion & Retail Industries Vocalize Opposition to Tariffs
It’s not China that will be punished for stealing American intellectual property but instead U.S. companies and consumers that will feel the effects of President Trump’s move to impose $50 billion in retaliatory tariffs on Chinese imports. That was the message Thursday from numerous trade associations that represent industries whose products might be affected by Thursday’s decision to move forward with the new tariffs.
L.L. Bean To Open Its First Boston Store In April
Opening-day festivities will include the Red Sox World Series trophies and former star players Jim Rice, Luis Tiant and Dennis Eckersley.
