Nike Mourns the Loss of Ambassador Athlete Kelvin Kiptum
Kelvin Kiptum, who shattered the Chicago Marathon course record in only his third marathon in October 2023, tragically died Sunday in a car accident. Nike wrote on their website that Kiptum was “an inspiration to countless athletes and fans around the world.”
Puma Hoops and Lamelo Ball Accelerate the Game with Porsche Collab
In collaboration with Porsche, Puma Hoops and LaMelo Ball will release the Puma x Porsche Collection on February 17 fusing basketball with auto excellence.
EXEC: Brooks Running Exceeds $1.2 Billion in Sales in 2023
Brooks DTC e-commerce channels reportedly grew 24 percent in global revenue YoY, including record-breaking sales from Thanksgiving through Cyber Monday, up 22 percent in North America versus 2022. China DTC jumped 194 percent for the year.
EXEC: Tiger and Taylormade Launch Sun Day Red with Brad Blankenship at Helm
After a month of speculation, on Monday, Tiger Woods and Taylormade Golf introduced the golf legend’s new brand and line of clothing, accessories and footwear. Brad Blankenship, the former global GM for Quiksilver and RVCA, will lead the brand.
Lacoste Names New Head of Finance
Philippe Gautier returns to Paris and assumes the role of executive vice president of Finance for Lacoste from Denis Lamoureux who has been in the position since 2017.
Decathlon Sells 82 European Stores in €527 Million Sale and Leaseback Deal
Realty Income Corporation has entered into a sale-leaseback transaction for 82 retail properties leased to affiliates of Decathlon SE. The portfolio includes properties located in Germany, France, Spain, Italy, and Portugal.
Delta Sees Salt Life Sales Inch Up in Q1 on DTC Gains; Activewear Falls 28 Percent
Delta Apparel, Inc. reported net sales of $79.9 million for the first quarter ended December 30, a 25.5 percent decline compared to prior-year period net sales of $107.3 million.
Perfect Moment Closes Its Initial Public Offering
Perfect Moment, Ltd. closed its initial public offering of 1,334,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of approximately $8 million.
Columbia’s Omni-Heat Infinity To Support U.S. Return to the Moon
“Our ongoing partnership with Intuitive Machines has the potential to drive even more innovation for our brand.”—Joe Boyle, Brand President, Columbia Sportswear
Deckers Brands Taps into Nike Running Leadership for New Hoka President
Robin Green has an extensive track record of leading and operating complex global businesses while delivering transformative results and brand growth, most recently as global VP of men’s running and fitness for Nike, Inc.
Report: January Year-Over-Year Retail Sales Trend Accelerates from December Trend
January sales were up in six out of nine retail categories on a yearly basis, led by online sales, health and personal care stores and clothing and accessory stores, and up in five categories on a monthly basis.
Adidas Neuroscience Study Assesses Impact of Pressure on Sports Performance
Adidas set out to tackle the negative impact of pressure in sports and found that grassroots athletes experience the same amount of pressure as elite-level athletes but are less equipped to deal with it.
Eoin Comerford Departs Moosejaw CEO Post with Integration into Public Lands
Comerford made the announcement on LinkedIn last week which aligns with the previously announced timeline for consolidating the Moosejaw business into Dick’s SG’s Public Lands retail business based in Pittsburgh, PA.
Amer Sports Prices and Increases New Private Notes Offering
The new size of the offering reflects an increase of $200 million in aggregate principal amount of the Notes from the previously announced offering size of $600 million.
Adidas x Patrick Mahomes Drop the Mahomes 2 Collection
“Mahomes 2 has been years in the making and is the result of unparalleled collaboration between Mahomes and our industry-leading designers to create a premium, unique collection.” —Chris Murphy, Senior Vice President, Brand Marketing, Adidas
