SGB Update Outdoor

Moody’s Downgrades Academy’s Debt Ratings

Moody’s Investors Service downgraded its debt ratings for Academy Ltd. due to the “highly promotional environment” for athletic apparel and weak demand for firearms and ammunition.

Outdoor Research Partners With Locally

Visitors to the outdoor apparel brand’s website will be offered the option to purchase from retailers in their area who stock those items in their store.

Rob Dyrdek Announces Venture Studio

The venture studio builds, invests in and advises an array of companies in categories ranging from luxury brands, sports entertainment, consumer products, and spirits to innovative technologies.

Dick’s Announces Team USA Contenders Roster

Ashley Wagner and Alex Rigsby headline the roster of winter U.S. Olympic and Paralympic Contenders that are being supported by the Dick’s Sporting Goods through flexible employment or sponsorship agreements.

Interior Chief Urges Shrinking Four National Monuments In West

Ryan Zinke, the U.S. interior secretary, will recommend reducing the size of at least four of 27 national monuments, a leaked report states. The four monuments mentioned include the fiercely contested Bears Ears National Monument in Utah as well as Utah’s Grand Staircase Escalante, Oregon’s Cascade-Siskiyou and Nevada’s Gold Butte.

Raleigh Electric Add Reps

Raleigh Electric and IZIP, manufacturers of electric bikes, have added three new territory managers to the sales team, as both brands continue to grow and expand in the market.

The Pro’s Closet Secures Funding

Foundry Venture Capital 2016, L.P. has completed its initial investment in The Pro’s Closet (TPC) as part of a $9 million financing. TPC, based in Boulder, CO, is the world’s largest seller of pre-owned bicycles and bicycle parts.

OBIT: Powder Mountain’s Alvin F. Cobabe

The father and visionary of Powder Mountain, Dr. Alvin F. Cobabe, passed away peacefully on September 13, 2017 at the age of 99 in his home in Eden, UT.

Camping World Forms Partnership With Major League Baseball

Camping World Holdings announced a multi-year partnership with Major League Baseball. The agreement includes sponsorships with all its banners: Camping World, Gander Mountain, Overton’s, The House and Windward/W82.

Canada’s Wholesale Sports To Close

Wholesale Sports Canada Ltd. announced the orderly wind down and eventual closure of its 12 retail locations in the four western Canadian provinces, according to a statement from its parent United Farmers of Alberta Co-operative Ltd. (UFA).