Gympass Launches In The U.S.
Gympass, a platform that helps companies engage their workforce in physical activity by providing access to thousands of fitness facilities, announced its U.S. launch in 12 key markets.
American Outdoor Brands Responds To BlackRock Inquiries
In response to inquiries from asset manager BlackRock Inc. on its commitment to gun safety, the parent of Smith & Wesson wrote in part, ”We must collectively have the courage to ensure any actions are guided by data, by facts, and by what will actually make us safer — not by what is easy, expedient, or reads well in a headline.”
Acushnet Q4 Revenues Climb 6.6 Percent
Acushnet Holdings Corp., the parent of Titleist and FootJoy, reported a profit against a loss in the fourth quarter. Sales rose 6.6 percent, led by a 9.5 percent gain in Titleist golf balls.
Dick’s And Wal-Mart Sued Over Age Limitations On Gun Sales
An 20-year-old from Oregon sued Dick’s Sporting Goods and Wal-mart for discrimination because both retailers moved to restrict gun sales to adults 21 and older in the wake of the Florida high school massacre, according to the Oregonian.
Eagle Creek And packH2O Provide World Water Day Relief For Puerto Rico
Eagle Creek and packH2O have launched their annual “Buy a Bag, Change a Life” campaign. This year, relief efforts will be focused in Puerto Rico, helping those still without access to clean water.
Gander Outdoors Announces Grand Opening At DeForest, WI Location
Gander Outdoors, formerly known as Gander Mountain, is opening this week in DeForest, WI.
Moody’s Assigns B3 CFR To Boardriders
Moody’s Investors Service assigned a B3 Corporate Family Rating (CFR) to Boardriders Inc.. At the same time, Moody’s assigned a B3 rating to its proposed $450 million Senior Secured Term Loan due 2024 and a B3-PD Probability of Default (PDR) rating. The rating outlook is stable.
Bogs Sales Decline 10 Percent In Q4
Weyco Group Inc. reported sales of Bogs sales declined 10 percent for the fourth quarter, mostly due to lower sales to outdoor and online retailers.
WHOOP Announces $25 Million Series C Financing
WHOOP, the human performance company, announced a $25 million Series C financing round led by UAE71 Capital with participation from the National Football League Players Association (NFLPA), Durant Company, Thursday Ventures, and existing investors including Two Sigma Ventures, Accomplice, Mousse Partners, Promus Ventures and NextView Ventures.
RYU Apparel Announces Appointment Of Cesare Fazari To Advisory Board
RYU Apparel Inc. announced the appointment of Cesare Fazari, founding partner in Northwood Developments, to the Advisory Board and the grant of stock options.
Wolverine Names Greg Tunney President Of Hush Puppies
Wolverine World Wide, Inc. announced Greg Tunney will be joining the company as president of Hush Puppies, reporting to Todd Spaletto, president of the Outdoor & Lifestyle Group. Tunney formerly ran RG Barry.
LifeProof Announces Official Sponsorship Of World Surf League
LifeProof, the leading seller of waterproof cases in the U.S., announced a partnership with the World Surf League across 2018 North American events as well as the season kickoff, the Quiksilver and Roxy Pro Gold Coast.
Cascade Designs Founder And Chairman Of The Board John Burroughs Steps Down
Cascade Designs, Inc. announced that company founder and chairman of the board, John Burroughs, will be leaving his post after 46 years of company leadership.
Fitbit Adds Board Member
Fitbit, Inc. announced that Brad Fluegel has joined the Fitbit, Inc. board of directors. Fluegel recently retired as senior vice president, chief healthcare commercial market development officer for Walgreens.
Outdoor Research Hires Head Of Finance and Operations
Outdoor Research, the Seattle-based maker of industry leading apparel and gear, this month hired Roger Barton as head of finance and operations. Barton was most recently at Newell Brands Technical Apparel, which include the Marmot and ExOfficio brands.
