June 22, 2020
The North Face, Patagonia and REI became the first major brands nationally to announce a pullback from Facebook advertising after several civil rights groups called for a boycott of the social media giant in response to its policies regarding political speech.
Laurent Boix-Vives, a great gentleman, a visionary and a relentless entrepreneur who made a major contribution to the development of the snow sports sector, passed away on June 18 at the age of 93.
The Bain Capital-owned parent of BSN Sports, Varsity Spirit and Herff Jones raised $150 million from existing and new institutional investors, and another $35 million by recapitalizing its headquarters building in Dallas, TX.
The Finish Line parent filed a notice of intention to appoint administrators for its outdoor retailer subsidiary Go Outdoors, which operates 67 doors in the U.K.
Benchmade Knife Company, which is owned by the De Asis family and led by president Jon De Asis, hired Fjallraven, Oakley and Red Bull veteran Joe Prebich as its new VP of marketing.