SGB Update Apparel
CODI Prices $100 Million Share Offering
Compass Diversified Holdings (CODI), owner of 5.11, Crosman, Liberty Safe and a number of other middle market businesses, priced a $100 million public offering of 4 million of its 7.875 percent series B fixed-to-floating rate cumulative preferred shares.
Stefan Jentzsch Resigns As Member Of Adidas Supervisory Board
Dr. Stefan Jentzsch, member of the Supervisory Board of Adidas AG, announced his resignation from office as of the conclusion of the company’s Annual General Meeting on May 9, 2018.
Gear Coop Appoints Craig Levra President
Gear Coop appointed Craig Levra, former CEO of Sport Chalet, as president. Levra will partner with Gear Coop founder and CEO Terry Lee to drive its next leg of growth.
Physical Activity Study Shows 28 Percent of Americans Inactive
For more than five years, over a quarter of the U.S. population has indicated they were inactive. However, the 2018 Physical Activity Council Participation Report also indicates a moderate rise in participation for many sports and activities, including fitness sports, outdoor sports and winter sports.
Vermont Ski And Snowboard Areas Welcome March Snow
March came in like a friendly lion at Vermont ski resorts with some ski areas receiving over a foot of snow on Friday March 2nd.
Gander Outdoors Announces Grand Opening At DeForest, WI Location
Gander Outdoors, formerly known as Gander Mountain, is opening this week in DeForest, WI.
Moody’s Assigns B3 CFR To Boardriders
Moody’s Investors Service assigned a B3 Corporate Family Rating (CFR) to Boardriders Inc.. At the same time, Moody’s assigned a B3 rating to its proposed $450 million Senior Secured Term Loan due 2024 and a B3-PD Probability of Default (PDR) rating. The rating outlook is stable.
RYU Apparel Announces Appointment Of Cesare Fazari To Advisory Board
RYU Apparel Inc. announced the appointment of Cesare Fazari, founding partner in Northwood Developments, to the Advisory Board and the grant of stock options.
Outdoor Research Hires Head Of Finance and Operations
Outdoor Research, the Seattle-based maker of industry leading apparel and gear, this month hired Roger Barton as head of finance and operations. Barton was most recently at Newell Brands Technical Apparel, which include the Marmot and ExOfficio brands.
NBA Considering Removing “One and Done” Age Limit
The NBA is considering ending the “one-and-done” age limit rule for players who want to enter the NBA draft in wake of the pay-for-play scandal roiling college basketball, according to a report from ESPN.
Nordstrom Rejects Take-Private Offer By Family Group
A special committee of Nordstrom’s board rejected a roughly $8.4 billion offer, amounting to $50 a share, from the founding Nordstrom family to buy the company, saying the price was too low.
VF Corp. Appoints Velia Carboni As Chief Digital Officer
VF Corp. announced the appointment of Velia Carboni, formerly at Fidelity Investments, to the new position of chief digital officer. She will report to VF’s chairman, president and CEO, Steve Rendle, and will serve on the company’s senior leadership team.
Backcountry Taps OutsidePR As Agency Of Record
OutsidePR announced their appointment as agency of record for specialty retailer, Backcountry.
Skechers Foundation Gives More Than $1.5 Million to Children with Special Needs and Education
The Skechers Foundation celebrated its ninth record-breaking Skechers Pier to Pier Friendship Walk for children last week at the Shade Hotel in Manhattan Beach, California – presenting more than $510,000 to The Friendship Foundation in support of kids with special needs, and over $1 million for education foundations.
The Finish Line Youth Foundation Donates $386,635 In Q4 2017
The 16 grants to youth organizations in nine states and the territory of Puerto Rico support healthy lifestyles and youth development.
