Anon Appoints General Manager
Anon, a maker of ski and snowboard helmets, goggles and sunglasses owned by Burton, has named Mark Wakeling as general manager.
USWE Sports AB Acquires Giant Loop
USWE Sports AB, a publicly traded backpack company based in Malmö, Sweden, has acquired Bend, OR-based Giant Loop LLC, a powersports brand known for its innovative off-road motorcycle soft luggage designs. The transaction is scheduled to close on July 1.
Eleiko USA Appoints President
Eleiko, the supplier of strength equipment, appointed Magnus Nyberg as president of Eleiko USA.
Sports Fandom Increases, Powered By New Digital Platforms
A new study by Nielsen and LaLiga Tech shows Millennial and Gen Z consumers are following more sports competitions than Gen X and Boomers but strongly prefer streaming and mobile experiences, including fantasy games.
Nike’s Q4 Tops Wall Street Targets
Nike, Inc. reported earnings in its fiscal fourth quarter ended May 31, down 5 percent year-over-year but topped Wall Street estimates. Sales were down one percent as a 7 percent decline in its wholesale segment was offset by a 7 percent gain in direct sales.
Camber Outdoors Names CEO
Camber Outdoors announced that they hired Tiffany Smith as CEO. Most recently, she was the chief development officer for the organization. Smith steps into the new role effective immediately.
Wilson Opens Third New York City Store
Wilson Sporting Goods Co. opened its third store in New York City at Columbus Circle.
Holo Footwear To Move Headquarters To Grand Rapids
Holo Footwear moved its headquarters from Portland, OR to downtown Grand Rapids, MI, opening its e-commerce operations and creating 61 jobs and $1.6 million in capital investment for the state.
Thor Industries Boosts Buyback Program To $600 Million
Thor Industries Inc. said its board has authorized the buyback of up to $600 million while extending the duration of the program by approximately seven months.
Primary Arms Names Senior Director Of HR
Primary Arms has announced the hiring of Osvaldo “Ozzie” Cortes to the position of Senior Director of Human Resources.
Compass Diversified Joins Russell 2000 And 3000 Indexes
Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.
Genesco Appoints Board Member
Genesco, Inc. announced that the independent directors of the Genesco Board unanimously selected Gregory A. Sandfort as its lead independent director, effective June 23, 2022.
BSN Sports To Acquire Eastbay Team Sales Business
BSN Sports announced that it has entered into an agreement to acquire substantially all of the assets of the Eastbay Team Sales business from Foot Locker Retail, Inc., a subsidiary of Foot Locker.
National Park Visitor Spending Pumped $42.5B Into U.S. Economy In 2021
The Department of the Interior announced that visitor spending in communities near U.S. national parks in 2021 resulted in a $42.5 billion benefit to the nation’s economy and supported 322,600 local jobs.
Dick’s Sporting Goods To Close Montgomery Store
Dick’s Sporting Goods announced the closing of its store at EastChase in Montgomery, AL, according to Alabama News.
