<p>SGB Media will not publish its regular SGB Morning Update or SGB Evening Update newsletter cadence the week of Independence Day, July 4, 2025. SGB Media will resume normal distribution on Monday, July 7.</p>
<p>The helmet maker, in cooperation with the U.S. Consumer Product Safety Commission and its counterpart in Canada, has issued a recall on three “populations” of 509 and 509 for Polaris branded helmets, as the helmets may not provide sufficient protection in the event of a crash.</p>
<p>The University of Tennessee is switching back to Adidas after its contract with Nike expires in 2026. The University was unable to secure a renewed deal with Nike.</p>
<p>The pop-up shop in Washington, D.C.’s Georgetown neighborhood, at 1057 Wisconsin Avenue, represents the company’s second pop-up and third on the East Coast.</p>
<p>Lancer Systems, a maker of rifles and related components, signed Ken Jefferies & Associates, gaining national sales coverage for the first time in company history.</p>
<p>Scott Moore was promoted to COO. He recently returned to the Alabama-based firearms manufacturer after a brief stint at E-One, a firetruck apparatus manufacturer. Before his return, Moore served seven years as the VP of operations for Kimber.</p>
<p>Luke Carlson, founder and CEO of Discover Strength, becomes The Health & Fitness Association (HFA’s) new chairman. Al Noshirvani, managing partner of ALTA Technology Group and owner of Method Gym, acts as vice chair; Ahmar Azam, CEO and founder of TriFit, as finance chair; and Jeff Sanders, chief growth officer and partner of Energy Fitness, as secretary.</p>
<p>The German maker of helmets and goggles for ski, cycling and equestrian purposes announced that Warburg Pincus will acquire a majority interest in the company. The owner families Winter and Grau will retain a significant minority stake and be actively involved in the future growth of the business.</p>
<p>The Italian manufacturer of road bikes, accessories and apparel announced the opening of its new subsidiary in Shanghai, enabling the company to directly manage its operations in the Chinese market.</p>
<p>The purchase, including Anderson’s manufacturing facility and machinery, is expected to strengthen Ruger’s production capabilities and expand its product offerings. Ruger will not continue the Anderson Manufacturing brand or its firearms products</p>
<p>The revised deal includes the elimination of Vietnam tariffs on U.S. goods and a higher tariff on Vietnam shipments to the U.S, although it amounts to less than half of the 46 percent tariff imposed by the Trump Administration in early April.</p>
<p>The Dutch parent of the Babboe, Batavus, Carqon, Ghost, Haibike, Koga, Lapierre, Raleigh, Sparta, and Winora bicycle brands said sales dropped 22 percent in 2024 due to extensive discounting in the bike space but growth has resumed in the parts and accessories) business and certain key regions in early signs of recovery.</p>
<p>Through this renewed agreement, Dick’s Sporting Goods will continue as the “Official Sporting Goods Retailer “and an “Official Marketing Partner: of the WNBA through the 2028 season.</p>
<p>The round was led by Inspired Capital, with participation from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures, bringing the company’s total funding to $27 million. Remark describes itself as an AI company making online shopping more human.</p>
<p>The store also serves as a gallery, allowing customers to “touch and feel each fabric, to see where the product fits into travel, daily performance and recovery,” the company stated in a media release.</p>
