U.S. District Judge Eric Komitee in Brooklyn ruled in favor of Nike three days after the sporting goods giant sued MSCHF Product Studio over MSCHF’s “Satan Shoes.” The modified Nike Air Max 97 sneakers were made in collaboration with rapper Lil Nas X and were purported to contain one drop of human blood in the midsoles.
Month: April 2021
NICS Adjusted Background Checks Decline 14 Percent In March
The March 2021 NICS background checks, as adjusted by the NSSF, fell 14.0 percent to 2.04 million from 2.38 million in the same month a year ago. The figures were competing against a year-ago hike of 80 percent when the pandemic started to spread in the U.S. The performance marked the first decline since April 2019.
Altitude Sports Appointment Announcement
Altitude Sports has named Maximilien Meilleur as its new vice president, product management.
Crocs Appoints Chief Marketing Officer
Crocs promoted Heidi Cooley, most recently head of global marketing for the brand, to SVP and chief marketing officer.
Compass Diversified Declares First Quarter 2021 Distributions
Compass Diversified announced today that its Board of Directors had declared a quarterly cash distribution of $0.36 per share on its common shares.
Peloton Completes Precor Acquisition
Peloton announced that it has officially closed the acquisition of Precor, one of the largest global commercial fitness equipment providers with a significant U.S. manufacturing presence.
Ballogy Secures Series A Funding Of $6 Million
Ballogy Inc. announced today that it had completed a $6 million round of Series A financing to further accelerate the growth and adoption of its development and analytics app for amateur athletes.
Former Topgolf Chief Marketing Officer Joins Hotaling & Co
Hotaling & Co. announced that Brian Radics, formerly the CMO of Topgolf Entertainment Group, has joined the company as chief marketing officer.
Kodiak Introduces Skogan Hiking Boot For Spring 2021
Kodiak is taking its 110 years of boot-making expertise to the trails with the Skogan, its latest hiking boot, and the “hero” product of the brand’s Spring 2021 collection, featuring footwear built for work and play. “To create the Skogan, we looked back in the Kodiak archives and took inspiration from hiking boots the brand […]
Nike, Puma Rated High For Sustainability
Nike ranked second only to Kering, the parent of Gucci, Saint Laurent and other luxury labels, in Business of Fashion’s first-ever Sustainability Index. Also achieving relatively high scores among companies in the active lifestyle space was Puma, VF Corp and Adidas.
Fanatics Partners With University Of Minnesota
Fanatics and the University of Minnesota announced an exclusive, 10-year partnership that sees Fanatics become Gopher Athletics’ exclusive omnichannel-e-commerce and in-venue-retail partner. Fanatics will also gain fan apparel rights to design, manufacture and distribute an expanded assortment of Golden Gopher merchandise.
REI Cuts International Adventures To Focus On U.S. Destinations
REI said it would discontinue its international adventure travel trips effective May 2021 to invest in its domestic travel growth strategy and expand offerings in hiking and camping, backpacking, cycling, women’s only, under-35, family and weekend adventures.
Camping World Announces Planned Expansion In Cheyenne
Camping World Holdings Inc. announced that it had signed an agreement to acquire approximately nine acres off Interstate 80 in Cheyenne, WY, to develop a SuperCenter location.
Orion Wholesale Announces New Headquarters
Orion Wholesale, the distributor of shooting sports products, announced its new headquarters facility in the Louisville area of Southern Indiana. The 130,000-square-foot facility and corporate offices will open in the fall.
Buck Knives Expands Sales And Marketing Team
In creating newly formed regional sales management roles, Buck Knives announced that Connor Slepikas and Anthony Tekansik had joined the company to further strengthen aggressive growth plans. Under VP of Sales, Mike Silverberg, Slepikas and Tekansik will remotely oversee sales for the Western and Eastern U.S. and Canada.
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