Sequential Brands Agrees To Sell Martha Stewart And Emeril Lagasse Brands
Sequential Brands Group Inc. announced that it has signed a definitive agreement to sell the rights to the Martha Stewart and Emeril Lagasse brands and related intellectual property assets to Marquee Brands LLC for an estimated $175 million with an earn-out opportunity of up to an additional $40 million.
Oros To Relocate To Portland, OR
Oros, a Cincinnati-based outdoor apparel digital start-up, will move from the Queen City, OH to Portland, OR in June, the Portland Business Journal reports.
Adidas Appoints General Manager Of Runtastic
Adidas announced the appointment of the new general manager for Runtastic. Scott Dunlap will head up the company’s leadership team in Linz as of May 27 together with co-founders Alfred Luger and Christian Kaar, as well as Mathis Gerkensmeyer.
JCPenney Makes Executive Hires
J. C. Penney Company appointed Steve Whaley as senior vice president, principal accounting officer and controller; Laurene Gandolfo as senior vice president for home product design and development; and Trish Adams as a strategic advisor to support the company`s transformation.
HanesBrands Celebrates Recognition For Environmental Stewardship
HanesBrands, the parent of Champion, has earned it 10th consecutive U.S. Environmental Protection Agency Energy Star Sustained Excellence/Partner of the Year award for continued success in energy conservation, carbon emissions reduction and environmental sustainability.
North Face Launches Program To Make Earth Day A National Holiday
The North Face has launched a petition to make Earth Day a national holiday, to give people time to connect with each other and the world around them.
JD Sports Off To Strong Start In U.S.
So far so good for Finish Line under its new owner, JD Sports. JD Sports said Finish Line’s comps were up 7 percent in 2018 with sales trends improving as the year progressed. The first JD stores to land in the U.S. are also seeing encouraging initial results.
PeopleForBikes + Bicycle Product Suppliers Association To Merge
In a joint letter, BPSA (Bicycle Product Suppliers Association) and PFBC (PeopleForBikes Coalition) said both of the organization’s “almost unanimously” approved a merger.
NFL Flag-In-Schools Program Enters Fifth Year
The NFL, USA Football, GENYOUth and Fuel Up to Play 60 announced the fifth year of the NFL Flag-In-Schools Program, which aims to increase physical activity among youth by providing Flag football resources to underserved school communities.
Will Tiger Wood’s Victory Lift The Golf Industry?
Tiger Woods’ first major win in 11 Years and first Masters win since 2005 earned quick attention to his best-known sponsor, Nike, but some see it possibly helping to boost the overall golf industry.
Tillys Partners With High School ESports League
High School ESports League (HSEL), the longest-running high school eSports organization, announced a partnership with Tillys Inc. to offer students care packages and the chance to compete for prizes through an augmented reality (AR) experience and mobile game at Tillys’ stores.
BSN Sports Acquires Rochester’s Valenti Sport
BSN Sports, the nation’s largest direct marketer and distributor of sporting goods to the school and league markets and a division of Varsity Brands, announced that it has acquired Rochester-NY based Valenti Sports.
Imprinted Sportswear Rebrands To Impressions Expo
The Imprinted Sportswear Shows (ISS), owned and operated by Emerald Expositions, will be rebranding in 2020 with a new name: Impressions Expo.
Nike Close To Extending Paris Saint-Germain Deal
Nike is close to extending its kit supplier partnership with Paris Saint-Germain (PSG).
JD Sports Sees Sales Vault 49.2 Percent In 2018
JD Sports Fashion Plc, the U.K.-based athletic footwear giant that acquired Finish Line last year, reported profits before taxes rose 15.5 percent in its year ended February 1 on a 49.2 parent revenue gain.
