SGB Update

ASB Sports Rebrands As Game One

ASB Sports, the Holland, OH-based team dealer, announced a rebrand under the name, Game One, that will consolidate its eight-owned dealers.

Mizuno Posts Record Profits In Nine Months

Mizuno Corp. said its operating profits reached their highest levels in the nine months through December 31 since quarterly disclosure started in FY08. Sales rose 17.0 percent in the period, led by the Americas and EMEA.

Delta Apparel Reports Record First Quarter Results

Delta Apparel, Inc. reported earnings more than tripled in the first quarter ended January 1 as sales grew 17 percent. Sales increased 16 percent in the Delta Group segment and  24 percent at Salt Life.

K2-MDV Holdings To Become “Elevate Outdoor Collective”

K2-MDV Holdings announced effective immediately Elevate Outdoor Collective is the new name for the parent company of all K2 Sports and MDV brands, including K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, RIDE Snowboards, LINE Skis, Backcountry Access, Atlas Snow Shoe Co., Tubbs Snowshoes, Madshus and K2 Skates.

Peloton’s John Foley To Step Down As CEO

Peloton CEO John Foley will step down as CEO, moving to the role of executive chair, and be replaced by Barry McCarthy. The embattled connected-fitness cycling giant also cut revenue guidance to as much as $3.8 billion, down from $4.8 billion, amid a major restructuring and revealed plans to cut 2,800 jobs or about 20  percent of its corporate workforce.

Gore-Tex Launches Outerwear On Demand

Gore-Tex has launched a performance apparel rental program. The company’s Outerwear on Demand service offers customers in North America a rental option for its snowsports apparel at 15 resorts and retail locations.

Blue Water Acquires Yogi Bear’s Jellystone Park In Kentucky

Blue Water, a Maryland-based company, specializing in the development and management of campgrounds, hotels, and attractions, announced it had acquired Yogi Bear’s Jellystone Park at Mammoth Cave in Kentucky to continue its partnership with the Jellystone Park brand.