SGB Update

MyHOUSE Sports Gear To Sponsor WPIAL

The Western Pennsylvania Interscholastic Athletic League (WPIAL) has secured MyHOUSE Sports Gear as the League’s newest sponsor.

NRI Opens Eastern Canada Location

NRI Distribution announced its commitment to open a Montreal facility in May of this year to mark its expansion into Eastern Canada.

Ortlieb GmbH Appoints New CEO

Ortlieb Sportartikel GmbH, manufacturer of waterproof outdoor products, announced the hire of Jürgen Siegwarth as the company’s CEO and the addition of senior staff members Jeff Scully and Martin Esslinger to its managing board.

Dorel Sports Returns To Growth In Q4

Dorel Industries Inc. reported fourth quarter revenue at its Dorel Sports segmnet inched up 0.6 percent in the fourth quarter, rebounding from a drop of 18 percent in the third quarter. The turnaround was helped by strong performances in Cycling Sports Group  (CSG)’s International business  and at Caloi that offset continued weakness globally at independent bicycle dealers.

Vail Resorts Sees Q2 Revenues Climb 1.2 Percent

Vail Resorts Inc. was able to deliver earnings and sales that were basically flat with year-ago levels despite historically low snowfall across the western U.S. this winter.

CODI Prices $100 Million Share Offering

Compass Diversified Holdings (CODI),  owner of 5.11, Crosman, Liberty Safe and a number of other middle market businesses, priced a $100 million public offering of 4 million of its 7.875 percent series B fixed-to-floating rate cumulative preferred shares.

Gear Coop Appoints Craig Levra President

Gear Coop appointed Craig Levra, former CEO of Sport Chalet, as president. Levra will partner with Gear Coop founder and CEO Terry Lee to drive its next leg of growth.

Physical Activity Study Shows 28 Percent of Americans Inactive

For more than five years, over a quarter of the U.S. population has indicated they were inactive. However, the 2018 Physical Activity Council Participation Report also indicates a moderate rise in participation for many sports and activities, including fitness sports, outdoor sports and winter sports.