Jawbone, one of the early fitness wearables once valued at $3 billion, has begun liquidation proceedings, according to a report in The Information.
American Outdoor Brands Corporation’s firearms business, Smith & Wesson Corp., agreed to acquire substantially all the assets of Gemini Technologies Inc., a provider of suppressors and accessories for the consumer, law enforcement and military markets.
Backcountry announced that Pete LaBore, chief operating officer of Backcountry, is joining Ski Utah’s 2017 Board of Directors, effective July 1, 2017. He will serve a three-year term expiring June 30, 2020.
Nike filed a formal opposition to the USPTO Trial & Appeal Board, asserting a logo of New England Patriots tight end Rob Gronkowski’s company, Gronk Nation LLC, looks similar to the Air Jordan “Jumpman” logo that has been in use since November 1987, ESPN reports.
Sturm, Ruger & Company Inc. promoted Thomas P. Sullivan to senior vice president of operations.
Brian Davidson, current director of sales for Nikwax, has been named president of the company, and Heidi Allen, current marketing director, has been promoted to VP of marketing.
Hobie, the leading manufacturer of personal watercraft products, has hired Backbone Media as its public relations agency of record.
Velocio Apparel, a New England-based cycling brand specializing in performance apparel, has closed a Series A investment round led by Steve Fuller, former L.L.Bean chief marketing officer.
Cutters, the specialist in football gloves, has created an exclusive, signature series with New England Patriots’ wide receiver Julian Edelman and his personal brand, JE11.
Tonsser, a startup that offers a vertical social network aimed at youth soccer players, has signed on Nike as its first brand channel partner, according to a report from TechCrunch.
Power Plate, a maker of vibrating platforms to help athletes prepare faster, perform better and recover quicker, announced a strategic partnership with SKLZ and a continuing partnership with EXOS.
Castanea Partners announced that it has made an investment in Simms Fishing Products, headquartered in Bozeman, MT.
The University of Southern Mississippi is planning on exiting its agreement with Russell Athletics next year, according to a report in the Hattiesburg American.
Supra stated that pro skateboarder Clint Walker has joined its skate team.
Photo courtesy Jawbone
