Strong optimism for future sales growth was met with serious concerns for the global supply chain crisis and rampant inflation, according to the Sports & Fitness Industry Association’s 2022 State of the Industry Report.

Citing rapidly increasing leverage at the Saucony and Merrell parent, S&P Global revised its outlook on the company to negative, but maintained its BB issuer-credit rating.

National Sporting Goods Association appointed Troy Freeman, director of operations for Play It Again Sports at Winmark Corp., and John Scipio, CEO of SV Sports, to its board of directors for three-year terms.