Amer Sports Company Launches New Senior Secured Notes Offering
The net proceeds from the offering of the Notes and the expected net proceeds from the New Senior Secured Credit Facilities are expected to repay all outstanding indebtedness under the company’s existing credit facilities, which will be terminated.
Costco Wholesale Appoints New CFO as Galanti Moves to Advisory Role
The Costco Board of Directors named Gary Millerchip EVP and CFO, effective March 15. He is the SVP and CFO at The Kroger Co. Galanti will remain with Costco through January 2025 in an advisory role and will continue on the Board of Directors.
Vail Resorts Adds European Board Member as Global Expansion Looms
Originally from Munich, Germany, Knobloch resides in Paris, France and is president of the Cannes Film Festival. She started her career practicing law in Munich, New York and Los Angeles and went on to have a 25-year career in various leadership roles at WarnerMedia.
Whyte Bikes Appoints Cannondale Vet as New CEO
Nikki Hawyes was appointed CEO, replacing Ed Culley, who is departing for a new role. Concurrently, Jonathan Neale, the former COO of McLaren Group and CEO of McLaren Racing, was appointed chairman of the Board of Directors, replacing David Hill.
Accell Group to Consolidate Manufacturing Footprint, Cut Staff
In adjusting its operating model from a decentralized “house of brands” to an integrated player in the bicycle industry, Accell Group said it intends to better leverage its strong European manufacturing footprint, decrease operational complexity and improve its competitive position.
Countrywide Sports Appoints Chris Means as President
Means has 37 years of experience in the shooting sports industry with expertise in purchasing, sales management and P&L responsibility. Most recently, he was the President of Tactical Gear Distributors and also served as chairman of NASGW through 2023.
Pickleball Kingdom to Open in Philadelphia
Pickleball Kingdom announced it will open its latest club in Philadelphia. The search for the first location is focused on Montgomery County.
Obviouslee Grows Outdoor Strategy Team
National marketing agency taps industry veteran Joe Jackson, promotes Andrew Piasecki to co-lead its outdoor team.
Decathlon Claims First to Market with Apple Vision Pro App
Decathlon said the app was reimagined for Apple Vision Pro to enable customers to discover its latest outdoor and cycling product innovations and shop for their favorite sporting goods.
Gap Inc. Taps Zac Posen as Creative Director
American fashion designer Zac Posen was named EVP, creative director of Gap, Inc. and the chief creative officer of Old Navy, headquartered in San Francisco, CA.
Spanx Appoints New CEO and Executive Chair
The company’s Board of Directors appointed Caroline (Cricket) Whitton as CEO and Jeanne Jackson as executive chair.
Alterra Mountain Company to Acquire A-Basin
Alan Henceroth, A-Basin’s COO, who has worked for A-Basin for 36 years, will continue to lead the resort, overseeing daily operations and future capital improvement plans, which include expanding parking and snowmaking.
Sea to Summit Acquires its Nordic Distributor
Cirdan has been “instrumental in distributing Sea to Summit outdoor equipment on the sport and outdoor markets for almost 20 years.”
Thor Industries Names New Member to Board
Jeff Lorenger is the president, CEO and chairman of the Board for HNI Corp., a manufacturer of workplace furnishings and residential building products. He has served as president and CEO since June 2018.
Puma to Supply Uniforms to Egypt to compete in Paris Olympics
The brand has a history in Egypt with long-term partnerships, including those with the Egyptian Football Association, the Egyptian Handball Federation and other teams and athletes.
