SGB Update

Rossignol Group Releases Growth Plan

Targeting both significant revenue growth and category leadership in sustainable ski and outdoor products, the Rossignol Group unveiled a new strategic plan — called Ascension 2026 — that commits to investing $50 million between now and 2026 to achieve its goals.

Equinox’s Probability Of Default Ratings Lowered

Moody’s Investors Service affirmed Equinox Holdings, Inc.’s debt ratings, but downgraded the fitness chain’s Probability of Default Rating (PDR) from Caa3-PD to Ca-PD. The outlook remains negative.

Golf Equipment Declines But Apparel Expands In October

Golf equipment sales were off 5.9 percent in October and down 2.2 percent year-to-date, according to Golf Datatech. Golf apparel sales were up over 8 percent on the month and 6 percent on a year-to-date basis.

NICS Background Checks Soar On Black Friday

NICS FBI background checks showed strong firearms demand on Thanksgiving week, culminating in 192,749 checks on Black Friday, a 2.8 percent increase from last year and the third-highest total, according to NSSF.

Foot Locker Makes Leadership Changes

Foot Locker, Inc. named Frank Bracken EVP and chief commercial officer and hired Elliott Rodgers as chief operations officer as part of a corporate move to support growth and enhance operational efficiency. The sneaker chain also announced the planned transition of its chief financial officer.

Udog Hires Global Sales Manager

Italian cycling shoe brand Udog has hired Luc Hall as global sales manager. Hall comes to Udog from Pinarello UK, where he held the position of brand manager.