Rocky Brands Sells Servus Brand
Rocky Brands, Inc. reported it sold its Servus brand to PQ Footwear, LLC, an Industrias PetroQuim, SA subsidiary based in the Dominican Republic.
Nutritional Products International Names President
Nutritional Products International hired Joseph Mies, the founder of Muscle Foods USA, as president.
IHRSA Responds To FTC Membership Rule Proposal
In a statement, Liz Clark, IHRSA president and CEO, criticized the Federal Trade Commission’s (FTC) proposal dealing with cancellation methods for specific services and memberships.
USTA Launches USTA Connect
The U.S. Tennis Association (USTA) launched USTA Connect, an initiative to connect key members of the U.S. tennis industry to increase industry collaboration and provide insights and services.
Templar Knife Adds Sales Agency For Southeastern U.S. Region
Templar Knife hired Core Line, a manufacturer’s rep agency, to cover the Southeastern states.
The Headrest Safe Company Taps Sales Group For TALO States
The Headrest Safe Company, LLC partnered with Frontier Sales & Marketing Group to oversee the growth and expansion of the company’s accounts in Texas, Arkansas, Louisiana, Oklahoma, and Mississippi.
World Health Organization Partners With WFSGI To Increase Physical Activity
The World Health Organization and the World Federation of the Sporting Goods Industry formed a Memorandum of Understanding agreement to “align and reinforce private sector support to increase physical activity and community sport participation to improve global health.”
Golftec Relocates Northern New Jersey Location
Golftec announced it relocated its instruction and club fitting center in Woodbridge Township, NJ, to 465 Green Street in Woodbridge Township.
Puttshack Continues Expansion In Midwest
Puttshack reported its continued expansion in Minnesota by signing a new lease at the Southdale Center in Edina, MN, scheduled to open in the spring of 2024.
U.S. Consumer Confidence Levels Drop For First Time In Four Months
The final confidence levels for March published in the Michigan Consumer Sentiment Index came in at 62.0, down 5.0 (negative 7.5 percent) from February—the first monthly decline the agency reported in the last four months, below Investing.com’s forecast of 63.2.
Wahoo Fitness’ Debt Ratings Lowered
S&P Global Ratings downgraded the debt ratings of Wahoo Fitness after the U.S.-based fitness technology company entered into a forbearance agreement with a term loan and revolving credit facility lenders in anticipation of missing principal and interest payments due March 31, 2023.
Boot Barn’s COO To Retire
Boot Barn Holdings, Inc. reported that Gregory Hackman, executive vice president and chief operating officer, plans to retire in June. He will continue in his position until then and transition his responsibilities to other company executives.
Jetson Electric Bikes Recalled
About 53,000 electric bikes manufactured by Jetson Electric Bikes are under recall as the batteries can overheat, posing a fire hazard. The U.S. Consumer Product Safety Commission reported that two sisters, ages 10 and 15, were killed in a fire, and the company’s 42-volt Jetson Rogue started the blaze.
Topgolf Callaway Brands Reports New Hires And Promotions
Topgolf Callaway Brands Corp., following its recent Q4 and FY 2022 earnings report, announced several executive promotions and new hires, reflecting “the increased scope and scale of responsibilities for these leaders to support the company’s long-term growth.”
Authentic Brands Group Makes Binding Offer To Acquire Boardriders
Authentic Brands Group reported it entered a period of exclusivity and made a binding offer to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. Boardrider is owned and managed by Oaktree Capital Management, L.P. Terms were not disclosed.
