PepsiCo Invests In Fitness Energy Drink Maker Celsius
PepsiCo announced a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal.
MidwayUSA Promotes Director Of Merchandising, Hunting & Outdoors
MidwayUSA’s Travis Rodgers was promoted to director of merchandising for the Hunting & Outdoors category.
Primary Arms Adds Firearms & Ammunition Buyer
Primary Arms has hired Tyler Helgeson as a firearms & ammunition buyer.
Creedmoor Sports Promotes VP Of Operations
Creedmoor Sports, the maker of shooting equipment, promoted John Teachey to vice president, operations.
Li Ning Hires Group VP And CFO
Li Ning Company, Ltd. has hired of Zhao Dong Sheng as group vice president and chief financial officer.
Gaia’s Q2 Revenues Improve 7 Percent
Gaia, Inc.’s results for the second quarter ended June 30 marked its eighth consecutive quarter of positive earnings and EBITDA, with Q2 EBITDA margins over 20 percent.
Clarus Bangs Out 57 Percent Q2 Revenue Gain
Clarus Corp. reported profits jumped 105 percent for the second quarter ended June 30. Sales grew 57 percent, boosted by the acquisitions of Rhino-Rack and Maxtrax as well as 22 percent organic sales growth. Sales of the Outdoor segment, led by Black Diamond, increased 17 percent. The company maintained its full-year guidance.
3STEP Sports Acquires Wildfire Volleyball Academy
3STEP Sports acquired Wildfire Volleyball Academy for its volleyball division. Founded in 2004 by Ore Pablos, Wildfire Volleyball Academy has 14 national and 13 state teams and more than 300 girls in its training program.
Camping World To End NASCAR Support
Camping World is ending its longtime NASCAR Truck Series sponsorship after this season after holding the role of title sponsor for more than a decade.
JD Sports Sells Footasylum To Germany’s Aurelius
JD Sports sold Footasylum to German private equity firm Aurelius Group for an enterprise value of about £37.5 million ($38 million), less than the £86 million pounds ($102.9 million) price it paid for the chain in 2019.
Xponential Fitness Signs Master Franchise Agreement In Japan For CycleBar
Xponential Fitness Inc. has signed a Master Franchise Agreement in Japan for CycleBar.
Nordstrom Announces Senior Merchandising Promotion
Nordstrom, Inc. promoted Sam Lobban to executive vice president and general merchandise manager for women’s and men’s apparel and all designer categories supporting product strategy and vision.
Golf Canada To Relocate Headquarters To Caledon
Golf Canada and Osprey Valley announced a partnership where the organization will relocate its corporate operations to TPC Toronto at Osprey Valley in Caledon, Ontario.
WSL And Boardriders Cancel 2022 Quiksilver/ROXY Pro France Challenger Series
The World Surf League (WSL) and Boardriders announced the cancellation of the 2022 Quiksilver/ROXY Pro France. Despite continued efforts to maintain the event, the WSL and Boardriders have agreed on the decision to cancel this year’s competition in Hossegor, France.
Compass Diversified Terminates Agreement To Sell Advanced Circuits
Compass Diversified (CODI) announced that its majority-owned subsidiary, Advanced Circuits, terminated its previously announced agreement and plan of merger, dated October 13, 2021, pursuant to which Advanced Circuits was to be sold to Tempo Automation, Inc.
