SGB Update

NSSF Board of Governors Adds Member

Derek Sevcik is executive vice president, group publisher and operations, at Outdoor Sportsman Group. Before his current role, Sevcik was senior vice president of finance and publishing at OSG.

DHS Outlines Enforcement Actions to Support U.S. Textile Jobs

The Department of Homeland Security outlined an enhanced strategy to combat illicit trade and level the playing field for the U.S. textile industry, which accounts for over 500,000 U.S. jobs and is deemed critical to U.S. national security.

The Beachbody Company Amends Term Loan

As part of the amendment, BODi is paying down $4 million in debt and reducing its outstanding balance to $25.5 million. The minimum liquidity covenant will be reduced by the same amount, from $22 million to $18 million.

KPS Capital Partners to Acquire Sport Group

Sport Group designs, manufactures and installes artificial surfaces serving the global sports flooring, leisure, landscaping, and industrial markets in over 70 countries. Its brand portfolio includes AstroTurf, Polytan, SYNLawn, LigaTurf, Poligras, Rekortan, and Laykold.

Stromer Launches Online Shop in the Netherlands

Stromer set itself the goal of offering customers a mobile solution with its Speed Pedelecs. With an online shop, the brand is working with its dealer network to offer customers the added option of an uncomplicated consumer experience.

Thule Group Recalls Certain RideAlong Child Bike Seats

The harness padding of the bike seats can contain flame-retardant DecaBDE in excess of regulatory limits, posing a chemical hazard. Only model number 100107 and date codes 21/3-23/10 are included in this recall.

NBDA Expands E-bike Database Initiative

The National Bicycle Dealers Association database is meant to be a vital tool for retailers, consumers, e-bike incentive programs, and municipalities seeking to ensure the highest standards of safety and quality in the e-bike market.