Clarks, the U.K.-based shoe retailer, said Victor Herrero will assume the role of CEO after Hong Kong-based investment firm LionRock Capital completed its £100 million ($139 million) purchase of a controlling take in the company.
Month: March 2021
ThirtyTwo Signs Elena Hight To T32M
ThirtyTwo welcomed Elena Hight to its T32M. Hight at a young age made history as the first-ever female to land a 900 in a competition. This two-time Olympian and seven-time X Games Medalist is also the first snowboarder to land a double backside alley-oop rodeo in a halfpipe contest. The Kauai-born and Lake Tahoe-raised snowboarder […]
Back at the Helm: Catching Up With Returning Inov-8 CEO Wayne Edy
Coming full circle, Inov-8 founder Wayne Edy is back leading the company he started 18 years ago, having repurchased it from Descente. SGB Executive caught up with him for his take on reinvigorating the brand.
RYU Apparel To Reopen Stores
RYU Apparel Inc. said it’s planning on reopening the company’s flagship stores that have been closed due to the global COVID-19 pandemic. The reopening of the company’s Vancouver and Toronto stores is scheduled for Saturday, April 16, 2021.
Echelon Fitness Expands Into France And Germany
Echelon Fitness is growing its global presence, officially launching Echelon Fit France and Echelon Fit Germany this month. The experience in both France and Germany will follow the successful model in the United States, with live and on-demand programming being offered from studios in each respective country.
IDC Data: Wearable Devices Climb 28.4 Percent In 2020
Worldwide shipments of wearable devices for 2020 grew 28.4 percent to 444.7 million units. Jitesh Ubrani, research manager for IDC Mobile Device Trackers, said the pandemic has “been good for the market as it has put health and fitness at the forefront of many consumers’ minds.”
Toys R Us Has New Owner
Brand management company WHP Global announced it has acquired a controlling interest in Tru Kids, the parent company of the Toys R Us and Babies R Us brands. WHP plans to open a number of Toys R Us stores again in the U.S., ideally ahead of this holiday season.
Colorado Yurt Company Hires Director Of Product
Colorado Yurt Company announces the hiring of Chris Nance as Director of Product.
The North Face + HD Wool Insulation Partner For New Heritage Collection
In its commitment to reduce its environmental impact by including more natural, renewable materials into its products, The North Face has partnered with HD Wool Insulation to introduce a sustainable alternative to synthetic and down insulation for its new Heritage collection. The spring collection features a men’s and women’s Rokstoker jacket and men’s Gilet vest […]
Inside The Call: Dorel Sees Heightened Interest In Cycling As The ‘New Normal’
Dorel Industries Inc. reported sales at its Dorel Sports cycling segment rose 13.8 percent in the fourth quarter and expects cycling’s momentum to continue after the pandemic is over; however, supply chain constraints continue to curtail top-line growth. Martin Schwartz, president and CEO, Dorel Industries, said, “Demand for bicycles overall is clearly outpacing the ability to supply in both the IBD and mass channels.”
Rocky Brands Completes Acquisition Of Honeywell’s Boot Business
Rocky Brands Inc. announced that it completed its previously announced acquisition of the performance and lifestyle footwear business of Honeywell International, Inc., including The Original Muck Boot Company and XTRATUF footwear brands for $230 million.
Skratch Labs Introduces New Flavor Of Sport Hydration Mix
Skratch Labs announces the release of its new Sport Hydration Mix Grape flavor to its line of hydration mixes for which the brand is known. What started as a “Secret Drink Mix” sold to pro tour riders over nine years ago is now Skratch Labs Sport Hydration Mix in six flavors, including Grape. The flavor […]
Nosler Announces 2020 Sales Representative Of The Year Awards
Nosler Inc. said recently presented awards to its top-performing sale representatives within the company’s independent sales and marketing groups.
New Balance and BSN Sports Partners With University Of Denver
The University of Denver Division of Athletics and Recreation announced that it has entered into a multi-year sponsorship and product supply agreement with New Balance through BSN Sports to be the official apparel, footwear and uniform provider for Pioneer athletics.
Midwest Sports Tennis Acquired By Berlin’s Signa Sports United
Berlin-based Signa Sports United announced the acquisition of a majority stake in Midwest Sports, the Ohio-based online tennis retailer. The acquisition serves as the entry point into the U.S. market for Tennis-Point.
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