NSGA Sporting Goods Industry Hall Of Fame Elects Class Of 2023
NSGA Sporting Goods Industry Hall Of Fame announced its Class of 2023, which includes James Clifford Keen, Cliff Keen Athletic; Jeff Lynn, Dunham’s Sports; and Kent McKeaigg, OrderMyGear.
Stio Hires Vice President Of Sales
Stio hired Alex Brown as vice president of sales to lead the strategy and development of its wholesale and corporate channels.
Big Rock Sports Announces President
Big Rock Sports, LLC and parent company Peak Global Holdings, hired David McCartney as president of Big Rock Sports.
Puma IT Executive Joins Jesta I.S.
Jesta I.S., Inc., a developer of modular cloud solutions and ERP for retailers and brand manufacturers, hired Jon Vacca, its chief operating officer.
Li & Fung May Face Debt Ratings Downgrade
Moody’s Investors Service has placed on review for downgrading Li & Fung Limited’s ratings. The review follows the company’s announcement on August 31 that it had completed the sale of LF Logistics Holdings, Ltd. and its various entities to A.P. Moller-Maersk A/S.
New Era’s Debt Ratings Downgraded Due To Increased Financial Sponsor Ownership
S&P Global Ratings lowered its issuer credit rating on New Era Cap LLC to ‘B’ from ‘B+’ following the move by private equity firm ACON Investments in early August to increase its ownership stake significantly in New Era through a non-common equity transaction.
Report: Kohl’s Gets Bid For Real Estate
Private equity firm Oak Street Real Estate Capital, LLC has reportedly offered to acquire as much as $2 billion in property from Kohl’s Corp.
True Spec Golf Opens Flagship In Scottsdale
True Spec Golf announced that the company had opened a flagship studio in Scottsdale, AZ.
Imperial Acquires J.T. Spencer
Imperial, the golf headwear brand, announced the acquisition of J.T. Spencer, the American belt manufacturer based in Richmond, VA. J.T. Spencer is the official belt licensee of Peter Millar and operates Peter Millar’s custom logo green grass belt program.
Salt Life Opens 21st Location
Delta Apparel, Inc. announced it opened a new retail store for its Salt Life brand in Jupiter, FL, marking the brand’s 12th retail location in the state and 21st overall.
Fiocchi Appoints Representation For Northeast
Fiocchi, the ammunition maker, hired Thomas F. Gowen & Sons, a full-service manufacturer’s rep agency, for Northeast sales.
DPS Skis Strengthens Product And Marketing Teams With New Hires
DPS Skis has hired Stu Gleason as ski and process engineer and Zach Clayton as global marketing manager to support its product and marketing departments. Harry Brown was added as dealer services manager and Bridger Royce as dealer services coordinator.
Pou Sheng Appoints New Chairman
Pou Sheng International, Ltd. said Lee Shao-Wu has resigned from the company, including as chairman and executive director. Yu Huan-Chang, its current CFO, replaced him.
New Wave Acquires BTC Activewear
Stockholm-based New Wave Group has acquired 100 percent of the UK promotional, corporate and teamwear apparel company BTC Activewear Limited shares. The purchase of the shares is £33 million on a cash and debt-free basis and a cash transaction.
NICS Firearms Background Checks Slide 3.1 Percent In August
The August 2022 NSSF-adjusted National Instant Criminal Background Checks (NICS) fell 3.1 percent to 1.29 million compared to the August 2021 NSSF-adjusted NICS figure of 1.33 million.
