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.
Patriot Ordnance Factory Names Two Regional Account Sales Managers
Patriot Ordnance Factory Inc. expanded its sales team. The company hired Bobby Walla as Eastern U.S. Account Manager, and Lucas Feringa was promoted to Western U.S. Account Manager.
Rollerblade Youth In-Line Skates Recalled
About 13,400 Rollerblade Fury and Fury G youth inline skates are under recall. The rear brake support of the inline skates could fracture or separate, reducing user stability and increasing a fall risk.
Life Time Group Closes On Second Sale-Leaseback Deal
Life Time Group Holdings, Inc. reported it closed on a sale-leaseback transaction for approximately $45 million in gross proceeds on April 20.
Allbirds Expands And Extends Credit Line
Allbirds, in a regulatory filing, reported entering into an amendment agreement with JPMorgan Chase Bank, N.A., that increases borrowings available under its credit line and extends the maturity date from February 20, 2024 to April 17, 2026.
Li Ning Sees Franchise Stores And E-Commerce Drag On Q1 Retail Business Growth
Li Ning Company Limited reported retail sell-through at Li-Ning stores for the first quarter that ended March 31, excluding Li-Ning Young, increased in the mid-single-digits on a year-over-year basis.
Levi Strauss Snaps Up New SVP And Chief Marketing Officer
Levi Strauss & Co. hired Kenny Mitchell as Levi’s brand’s senior vice president and chief marketing officer, effective June 5, reporting to Michelle Gass, president of Levi Strauss & Co.
JCPenney Appoints Chief Customer Officer
JCPenney hired Katie Mullen as chief customer officer. Mullen previously was JCPenney’s chief digital officer and will continue overseeing e-commerce strategy and omnichannel development driving digital, data and analytics.
Club Champion Adds Three Locations
Club Champion opened two new locations in Kingwood and Midland, Texas, respectively, and one in Farragut, TN. Club Champion reported it is “primed to open over 125 domestic and international locations by the end of the year.”
American Outdoor Brands Secures Trademark And Patent Settlement Agreement With GSM Outdoors
American Outdoor Brands, Inc. executed an agreement on April 6 with Good Sportsman Marketing, LLC (GSM) to settle litigation related to GSM’s improper use of trademarks owned by AOB and allegations of infringement of AOB’s patent rights.
Norrøna Acquires Canvas Hotel Telemark
Norrøna reported it acquired the Canvas Hotel Telemark, a wilderness lodge, including luxury yurts, for mountain bikers, with over 100 kilometers of slick rock trails connected by singletrack.
Cascade Designs, Inc. Hires Director Of Varilite
Cascade Designs, the parent company of MSR, Therm-a-Rest, Platypus, SealLine, PackTowl, and Varilite, hired Kevin Cooke as director of Varilite, the manufacturer of air-foam floatation wheelchair seat cushions and back supports.
Arc’teryx Opens Third Store In Chicago
Arc’teryx opened a third store in Chicago located west of downtown. The new store occupies 4,788 square feet in the Oakbrook Center and is the brand’s 28th store in the U.S.
Solidcore Founder Sells Company To Kohlberg & Co.
Solidcore, the fitness boutique, announced that Anne Mahlum, who founded the fitness boutique in 2013, is selling all of her shares to Kohlberg & Company for an undisclosed amount. As part of this transaction, the proceeds will support an incentive pool for employees created in 2018. All full-time employees with the company for at least a year prior to the transaction will receive a portion of the proceeds.
