SGB Update

REI And MEC Suspend Shipments From Vista Outdoor

Both REI and Canada’s MEC (Mountain Equipment Co-op) late Thursday said they have suspended orders from Vista Outdoor due to the company’s manufacture of semi-automatic rifles. Vista Outdoor’s brands in the outdoor and cycling space include Bell, Blackburn, Bollé, Bushnell, CamelBak, Camp Chef, Giro and Jimmy Styks. CamelBak issued a statement on the changes.

EU Court Rules Adidas May Defend Its Three-Stripes Design

A European court has ruled for Adidas an infringement case against a Belgian footwear company. Adidas had been seeking to block two trademarks for parallel stripes on shoes filed by a Belgian firm, Shoe Branding Europe, saying it infringed on Adidas’ iconic three-stripe design.

Industrial Revolution Adds Rep Group

Colorado-based Granite Marketing Inc. will represent IR’s wholesale partners in the Rocky Mountains territory, including Wyoming, Utah, Colorado and New Mexico.

Turtle Fur Partners With Locally

Locally, an online store and product locator, is now integrated into turtlefur.com, connecting consumers with Turtle Fur products currently available at their local shop.

Saucony Celebrates 120th Anniversary

Saucony will mark its 120th anniversary with a series of events and celebrations in 2018, beginning with the launch of the Shadow 5000 EVR, an advanced interpretation of the brand’s iconic Shadow 5000, one of the most sought-after silhouettes of the 1980s.

Fred Meyer Will No Longer Sell Guns To Individuals Under 21

Kroger, the nation’s largest grocery chain, said it will stop selling guns and ammunition to customers who are younger than 21 years old. Kroger sells guns at 43 of its 133 Fred Meyer locations in Alaska, Idaho, Oregon and Washington.

Trump Administration Puts Focus On Team Sports

In a move to place a greater focus on team sports, the Trump administration has revised the title of the “President’s Council on Fitness, Sports, and Nutrition,” to the “President’s Council on Sports, Fitness, and Nutrition” and announced plans to increase emphasis on youth sports participation.

SMC/SSL Winter Sports Market Headed To Salt Lake City

Sports Specialists, Ltd. (SSL) of Golden CO and Snowsports Merchandising Corp. (SMC) of Springfield MA, co-hosts of the Winter Sports Market, announced a change beginning in 2019, and will call Salt Lake City its new home.

CODI’s Q4 Earnings Climb

Compass Diversified Holdings, the owner of Crosman, 5.11, Liberty Safe and other middle-market brands, reported a sharp gain in earnings in the fourth quarter ended December 31 due to a tax benefit. Cash flow from operations improved slightly.

Hylete Announces Reg A+ Offering

Hylete Inc., a direct-to-community brand targeted at the lifestyle of functional fitness, has announced its offering of up to $6.25 million qualified by the SEC under Tier II of Regulation A+.