June 22, 2020 Outdoor Brands Lead Exodus from Facebook over Content Controls
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. Varsity Brands Raises $185 Million in New Capital
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. JD Sports Will Put Outdoor Chain into Administration
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 Fills Out Executive Suite
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. Etcetera: Kevin Plank, Smith & Wesson, REI, Fanatics
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