SGB Update

Vail Resorts Sees Lift-Ticket Growth For Its Ski Season

Vail Resorts reported season-to-date total lift ticket revenue at the company’s North American mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 3.7 percent from the beginning of the ski season through April 15.

Escalade’s Q1 Earnings Dip

Escalade Inc. reported net earnings in the first quarter slid 14.3 percent as sales inched up 0.6 percent. The company said a cold, early spring weather impacted some of the outdoor play categories.

Nike’s VP Of Footwear Exits

Nike’s vice president of footwear, Greg Thompson, has left the company, a company spokesman confirmed to Reuters.

5.11 Opens Store In Downers Grove

5.11, the maker of tactical apparel and gear, recently opened a brick-and-mortar retail store in Downers Grove, IL. The location marks the brand’s 34th U.S. retail store opening and its 25th store opening in the past 18 months.

CODI $1.1 Billion in New Debt Financing

Compass Diversified Holdings (CODI) announced that the company has signed a credit agreement for a revolving credit facility totaling $600 million and a term loan facility in the amount of $500 million. CODI also announced that the company has closed the previously announced private offering of $400 million in notes.

Greats To Open Manhattan Store On April 20

Greats, the high-end sneaker start-up based in Brooklyn, is opening the company’s second store on April 20. The store will be located at the corner of Crosby and Broome in the SoHo section of New York City.

SurfStitch Acquired By Alceon Group

SurfStitch has been acquired by Alceon Retail Holdco Pty Ltd, a specialist advisory, investment and capital solutions firm who also own EziBuy Limited, a New Zealand-based apparel and homewares retailer.

Play It Again Parent’s Q1 Profits Improve

Winmark Corp. the parent of Play It Again Sports, announced net income for the quarter ended March 31, 2018 of $6.96 million, or $1.69 a share, compared to net income of $5.6 million, or $1.25, in the first quarter of 2017.