January 30, 2023 Academy Sports Scores Positive Outlook from S&P
S&P Global Ratings raised ASO’s outlook from stable to positive and affirmed its BB issuer credit rating and debt ratings after a voluntary $100 million term loan repayment in Dec. Golf Participation Jumps 10%, Boosted by Off-course
The number of total golfers playing on- and off-course grew 10% last year to 41.1 million from 37.5 million in 2021, while on-course participation grew 3% to 25.6 million players from 24.8 million, according to National Golf Foundation research. Shooting Sports Retailers Ask Court to Dismiss Mexico Lawsuit
Five AZ-based gun stores that were sued by the Mexican Government last Oct., have filed a motion to dismiss the suit, making many of the same arguments that got a similar suit against gun manufacturers thrown out in MA. Giant Group Takes Minority Stake in Stationary Bike Company
Giant will invest a total of $20 million through its Gaiwin B.V. subsidiary to acquire 32.5% of Portland, OR-based Stages Cycling, Inc., which makes indoor exercise bikes and bike training equipment. VF Corp. Opens New Design and Regional Office in Japan
The new location in Tokyo’s Harajuku district will be the Japanese home for Dickies, Timberland and Vans, and house VFC’s Tokyo Design Collective team, drawing inspiration from Japanese product design and craftsmanship. National Park Visits Up 5% in 2022
Recreational visits to National Parks increased 5% last year to 309,401,396 from 295,799,972 in 2021, lapping a 22% improvement against pandemic closures in 2020. JD Sports Hit with Cyber Attack
The attacker stole e-mail addresses, personal information and financial data such as the final four digits of payment cards of about 10 million customers who placed online orders between Nov. 2018 and Oct. 2020. Etcetera: Brooks, Tread Labs, iAiming
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