Altor Acquires Significant Majority Stake of CCM Hockey
Altor Fund VI has signed an agreement to acquire a significant majority stake in CCM Hockey.
“Category: Featured”
Bauer Hockey Parent Company’s Controlling Ownership to Fairfax Financial
Peak Achievement Athletics Inc., the parent company of Bauer Hockey, announced that certain affiliates of Fairfax Financial Holdings Limited will acquire all the equity interests in Peak currently owned by Sagard Holdings Inc.
Rawlings Promotes Ostrowski to President and CEO, Zlaket to Transition to Vice Chairman
Rawlings Sporting Goods Company, Inc., announced two structural changes to its executive leadership staff. Mike Zlaket, Rawlings’ current Chief Executive Officer, will transition to the role of Vice Chairman of the company’s board of directors, while Ron Ostrowski’s current role as President has been expanded to President and CEO. Ostrowski will assume his new duties effective Jan. 1, 2025.
Wintersteiger, Bootdoc Hotronic Announce New Sales Rep in Great Lakes
Wintersteiger, Inc., announced that the Phenix Project sales agency has been appointed as the new sales representatives for Wintersteiger Sports and Bootdoc Hotronic in the Great Lakes Territory, effective January 1, 2025.
NBA Star Jaylen Brown Launches Performance Brand 741
NBA MVP Jaylen Brown of the World Champion Boston Celtics has officially launched his debut performance brand, 741, marking a bold new chapter in his career.
Merchants Payments Coalition Welcomes DOJ Lawsuit of Visa Debit Card Practices
The Merchants Payments Coalition welcomed the announcement that the U.S. Department of Justice has filed a lawsuit against Visa alleging that some of its debit card practices are anticompetitive and violate federal antitrust law.
Riddell Makes Leadership Changes; Arment Announces Retirement
Riddell announced that President and CEO Dan Arment will retire at the end of 2024.
US Census Monthly Retail Trade Report – July 2024
According to the US Census Bureau’s Monthly Retail Trade Report, sales for sporting goods stores during the month of July reached $5.2 billion, representing a decrease of 7.2 percent versus the prior year.
NAERA Guidance on Football Helmets Losing Warning Labels
The National Athletic Equipment Reconditioners Association (NAERA) has issued guidance on schools and organizations that are experiencing warning labels separating from football helmets that were reconditioned in 2024.
Nike Makes Major Leadership Change
The Board of Directors of Nike announced that Elliott Hill will become President and Chief Executive Officer of Nike, effective October 14, 2024.