SGB Update

Samsonite’s Debt Ratings Upgraded On Robust Sales Recovery

S&P Global Ratings upgraded the debt ratings of Samsonite International S.A. to reflect the company’s sales recovery in fiscal 2022 and the expectation of continued global travel recovery supporting further performance improvement through 2023.

Nordstrom’s Debt Ratings Outlook Lowered

Moody’s Investors Service changed Nordstrom, Inc.’s debt ratings outlook from stable to negative, reflecting  Nordstrom’s continued operating challenges, particularly in its off-price Nordstrom Rack chain.

EoS Fitness Opens Newest Arizona Location

EoS Fitness opened an Arizona location a 40,000-square-foot space at Queen Creek gym. The gym is the company’s first location to open at Queen Creek and its 28th location in the state.

Beyond Yoga Opens Third Store In Los Angeles

Beyond Yoga opened its third store in Westfield Century City in Los Angeles following the opening of venues in Santa Monica and Irvine, CA, respectively, last fall. Beyond Yoga has another Los Angeles location set to open on May 12 in the Larchmont Village.

Versa Group Inks Deal With Authentic On Geoffrey Beene Brand

Authentic Brands Group and Versa Group announced a partnership for Geoffrey Beene starting with the Spring 2023 collection, whereby Versa Group will design, produce and distribute men’s dress shirts for the brand in North America, sold at department stores, specialty retailers and online.

Vail Resorts Sees Skier Visits Climb Six Percent Over Ski Season

Vail Resorts, Inc. reported season-to-date total skier visits were up 6.1 percent from the beginning of the ski season through April 16 year-over-year, helped by favorable weather conditions that enabled the ski resort operator to extend the season at resorts across Utah, Tahoe and the Northeast.

Whistler Blackcomb Names COO

Whistler Blackcomb, the largest ski resort in North America in the Canadian province of British Columbia, named Belinda Trembath as vice president and chief operating officer, effective May 15.

Edel Golf Under New Ownership

Edel Golf, the golf equipment manufacturer based in Denver, CO, was acquired by Doug Coors, a former executive at CoorsTek, a technical ceramics maker.