SGB Update Outdoor

SIA Shifts To Educational Platform Amid COVID-19 Challenges
Snowsports Industries America (SIA) announced its year-round educational platform to provide current and new members tools and programs to short-term recovery during COVID-19 and long-term business success.

Nike Partners To Launch Global Carbon-Neutral Group
Nike Inc. joined eight other major corporations including Microsoft, Starbucks and Unilever, to form a new consortium with a goal of accelerating the transition to a net-zero global economy.

REI To Open Stores In Gainesville And Billings
REI Co-op on July 24 will open stores in Gainesville, FL and Billings, MO.

Powdr Corp.’s Debt Rated B2 On Proposed Debt Offering
Moody’s Investors Service assigned ratings for Powdr Corp., including a B2 Corporate Family Rating (CFR) and a B2-PD Probability of Default Rating. Concurrently, Moody’s assigned a B1 rating to the company’s proposed $300 million senior secured notes due 2025. The outlook is negative.

SDSI Expands And Lifts Geographic Limitations
San Diego Sport Innovators (SDSI), the nonprofit that has traditionally supported the Southern California’s sports and active lifestyle (SAL) economy, has lifted geographic limitations and now offers Active Lifestyle business expertise to any company in the SAL Industry.

Outerbike Cancels Remaining 2020 Events
Outerbike, the three-day experiential consumer bike event announced the cancellation of its remaining three Outerbike events that were on the 2020 calendar: South Lake Tahoe, Moab and Bentonville. At the same time, the organization announced a new feature it will be launching on its website to guide online consumers to find a bike.

Go Outdoors Administration To Likely See Small Recovery To Unsecured Creditors
Go Outdoors, the U.K. retailer required JD Sports in a pre-pack administration, could see its unsecured creditors recoup just 1 pence in every £1 owed, according to the case’s administrators from Deloitte LLP.

Conservation Groups Support Lawsuit To Overturn “Waters of the United States” Rule
Representatives of thousands of sportsmen and women across the country filed a friend of the court brief in support of a lawsuit to overturn the Waters of the United States rule (2020 WOTUS rule).

MarineMax Appoints President Of Retail Operations
MarineMax announced the promotion of Kyle Langbehn to president of retail operations.

Johnny Morris’ ‘Wonders of Wildlife’ Once Again Named #1 Aquarium
Johnny Morris’ Wonders of Wildlife National Museum and Aquarium has been voted America’s Best Aquarium through a national public poll conducted by USA Today ranking the top 20 prominent institutions across North America.

L.L. Bean Inks First Wholesaler Partnerships In The U.S.
L.L. Bean plans to sell its products at Nordstrom, Staples and Scheels in its first foray into wholesale in the U.S.

Remington Arms Plant Workers Face Layoffs In Upstate New York
Remington Arms, which reportedly is exploring a bankruptcy filing, has told hourly workers at its factory in the Herkimer County village of Ilion in Upstate New York, that they will be furloughed following their shifts on Friday.

Leica Camera Appoints President, North America
Leica Camera, the maker of cameras and sports optics, appointed Mike Giannattasio as president of its North American division effective July 1.

Arcus Hunting Appoints National Accounts Manager
Arcus Hunting, based in Covington, GA, appointed Jake Mersberger to the position of national accounts manager. Mersberger will be responsible for the Tink’sÆ, Dead Down Wind, Ramcat, Trophy Taker, and Rack One brands.

Grundéns Strengthens Marketing And Sales Teams
Grundéns, a producer of fishing apparel and footwear, announced the addition of four team members to its marketing and sales teams. The hires include Brent Brauner as director of marketing, Dave Drulard as a key accounts manager, Jaime Huffman as regional sales director (East), and Tom Shores as regional sales director (West).