Nike is close to reaching a deal to sell directly on Amazon.com, according to a report from Goldman Sachs.
Pure Fishing, the parent of Berkley, Abu Garcia, Penn and Shakespeare, appointed Neil Eibeler as its new CEO.
Adidas, officially replacing Reebok’s sponsorship deal, unveiled its new Adizero Authentic NHL jerseys.
Lululemon Athletica acquired a minority stake in 7mesh Industries, a cycling apparel startup based in nearby Squamish, British Columbia.
Dick’s Team Sports HQ added a technology and support center in San Diego that will provide cloud-based administrative infrastructure, management solutions, analytics and communications to National Governing Body (NGB) customers to youth sporting associations in the U.S.
A total of 1.9 million runners finished a half marathon in the U.S. in 2016, down from the record high of just over two million finishers in 2014 and slightly down from the 1.986 million total in 2015, according to Running USA’s 2016 Annual Half Marathon Report. While participation dropped, there were a record 2,800 U.S. half marathon events in 2016, up from 2,700 in 2015.
ClassPass, the membership fitness network, secured its largest funding to date, raising $70 million in a Series C round of financing led by Temasek.
Confluence Outdoor appointed Todd King as VP of marketing
Pret hired Steve Bellefeuille to replace founding President and CEO Darryl English.
Keds appointed Dave Grange, formerly CEO of Pentland Brands, as VP of sales.
Fishpond appointed Russell Miller as marketing director.
Silva Sweden AB reached an agreement to acquire the Silva trademark rights in North America from Johnson Outdoors.
Ski Utah announced a historical skier visit number, with a total of 4.58 million skier days, up 2.85 percent from the previous record of 4,457,575 during the 2015/16 season. This year’s number represents an 8.35 percent increase vs. Utah’s five-year average of 4,23 million.
Shoe Carnival stated that its board of directors has approved a seven percent increase in its quarterly cash dividend.
Nike signed seven prospects in the NBA Draft: Markelle Fultz, De’Aaron Fox, Malik Monk, Bam Adebayo, Jayson Tatum, Harry Giles and Jonathan Isaac.
Under Armour signed Kansas guard Josh Jackson, picked fourth in the NBA Draft, to an endorsement deal.
Bauer Hockey signed Nolan Patrick, a projected No. 1 pick in the 2017 NHL Draft.
Georgia Tech plans to leave Russell Athletic when its apparel contract expires in June 2018.
Photo courtesy 7mesh Industries