SGB Update Outdoor
Eagle Creek And packH2O Provide World Water Day Relief For Puerto Rico
Eagle Creek and packH2O have launched their annual “Buy a Bag, Change a Life” campaign. This year, relief efforts will be focused in Puerto Rico, helping those still without access to clean water.
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.
Bogs Sales Decline 10 Percent In Q4
Weyco Group Inc. reported sales of Bogs sales declined 10 percent for the fourth quarter, mostly due to lower sales to outdoor and online retailers.
Wolverine Names Greg Tunney President Of Hush Puppies
Wolverine World Wide, Inc. announced Greg Tunney will be joining the company as president of Hush Puppies, reporting to Todd Spaletto, president of the Outdoor & Lifestyle Group. Tunney formerly ran RG Barry.
LifeProof Announces Official Sponsorship Of World Surf League
LifeProof, the leading seller of waterproof cases in the U.S., announced a partnership with the World Surf League across 2018 North American events as well as the season kickoff, the Quiksilver and Roxy Pro Gold Coast.
Cascade Designs Founder And Chairman Of The Board John Burroughs Steps Down
Cascade Designs, Inc. announced that company founder and chairman of the board, John Burroughs, will be leaving his post after 46 years of company leadership.
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.
BLDG Active Welcomes Brian Lopes As An Athlete Ambassador
BLDG Active announced the addition of pro Multi-World Champ Brian Lopes to its ambassador team.
The Walking Company Reaches Agreement On Recapitalization
The Walking Company Holdings Inc., has announced that it has obtained critical stakeholder support for a comprehensive recapitalization of the company. The company’s controlling shareholders have committed to invest $10 million in new equity into the company and it has obtained debtor-in-possession (DIP) financing from it lender, Wells Fargo Bank, for up to $50 million.
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.
Any Metal Tarriffs Unlikely To Impact Sporting Goods Industry
President Donald Trump’s announcement that he plans to order new tariffs on steel and aluminum isn’t likely to impact sporting goods or outdoor gear suppliers, according to analysis by the Sports & Fitness Industry Association (SFIA).
Backcountry Taps OutsidePR As Agency Of Record
OutsidePR announced their appointment as agency of record for specialty retailer, Backcountry.
Outdoor Industry Association Website Now Features Quick Access To Sustainable Supply Chain Resources
The platform provides easy access to tools and resources created by the OIA Sustainability Working Group (SWG), which has been working for over a decade on addressing supply chain issues.
