SGB Update

OBIT: Bob Beattie

Bob Beattie, founding coach of the U.S. Ski Team and one of the originators of the Alpine Ski World Cup, has passed away at the age of 85.

CODI’s Debt Ratings Downgraded

Moody’s Investors Service downgraded Compass Group Diversified Holdings LLC’s Corporate Family Rating (CFR) to B1 from Ba3 for the company’s proposed refinancing of existing credit facilities.

Under Armour And Nike Sales Decline At Dick’s In 2017

Apparently due to the company’s rapidly-expanding private label business, Dick’s Sporting Goods sold less of both Nike and Under Armour product in 2017 versus the prior year, according to the retailer’s just-released annual 10K report.

Sellmark Corp. Announces Promotions

Sellmark Corporation promoted Jeff Murray to executive vice president of sales and Carl Stout to territory team senior sales manager.

DC Shoes Appoints VP Of Footwear

Southern California-based lifestyle and skate brand DC Shoes Inc. announced the appointment of Cory Long as vice president of footwear.

China Hits U.S. With Food Tariffs

China raised import duties on a $3 billion list of U.S. pork, apples and other products Monday in retaliation for the Trump Administration’s tariffs on steel and aluminum.