SGB Update

Sweet Protection Names NA Sales Manager

Sweet Protection, the maker of performance helmets, goggles and technical clothing, reported that industry veteran Ryan Davis was hired as North American sales manager, responsible for accelerating the company’s development in the snow and bike categories.

NSSF Takes Exception With President Biden’s Gun Control Executive Order

NSSF, The Firearm Industry Trade Association, is taking exception with President Joe Biden’s Executive Order to increase gun control measures. In the name of “doing something,” the Biden administration is chilling fundamental Constitutional rights and simply rehashing existing law, many of which were previously supported by the firearm industry.

Pou Sheng International Appoints CEO

The Pou Sheng International (Holdings) Limited board of directors re-designated Wang Jun, the acting CEO, as CEO effective March 15.

Diamond Sports Group Files For Chapter 11 Bankruptcy To Dump Debt

Diamond Sports Group, LLC is finalizing a Restructuring Support Agreement (RSA) with holders of a majority of its debt and Sinclair Broadcast Group, Inc. to eliminate over $8 billion of the company’s outstanding debt. The company filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas.

Marriott Appoints Dick’s CEO To Board Seat

Marriott International, Inc. elected Lauren Hobart, president and chief executive officer of Dick’s Sporting Goods and Grant F. Reid, former president and chief executive officer of Mars, as independent directors.

Gregory Posts Double-Digit Currency-Neutral Sales Growth In 2022

Samsonite International S.A. reported sales at Gregory backpack brand reached $61.4 million in 2022 against $59.4 million a year ago, representing a gain of 3.4 percent year-over-year. Gregory’s sales climbed 12.7 percent on a currency-neutral basis.

Hypetex Appoints Michael Dowse To Board

Hypetex, a UK company that makes colored carbon fiber using sustainable colorization materials, appointed Michael Dowse, former long-time president of Wilson Sporting Goods, as a non-executive director and board member.