Can A Deal With Under Armour Recharge Major League Baseball?
Under Armour reportedly will replace Majestic Athletic in 2020 as the official on-the-field jersey for MLB. Did the league want a hotter brand?
Nike Founder Gifts $500 Million To New University Of Oregon Campus
The University of Oregon shared on October 17, 2016 that it launched the $1 billion Phil and Peggy Knight Campus for Accelerating Scientific Impact, after a $500 million lead gift by the Nike Inc. founders.
Pinarello Cycling Brand Up For Sale, Louis Vuitton Owner A Potential Buyer
Pinarello, the Italian cycling company dating back to the early 1950s, confirmed reports that the brand is looking to sell.
Campfire Capital Lands Another Investor
The venture capital firm, which is backed by former and current Lululemon Athletica Inc. executives, has raised an undisclosed sum from Canada’s BDC Capital.
Mountain Khakis Previews Denver Location
For the coming holiday season, the lifestyle apparel brand will open a 600-square-foot preview store in Denver’s Larimer Square from November 17 through year end.
Dick’s Sporting Goods Exploring Bid For Golfsmith
The bid would challenge one by Worldwide Golf Shops.
Wolverine Trims Sales Outlook For Year
Wolverine World Wide Inc. reported earnings improved slightly in the third quarter, in line with expectations. The company, however, now expects full-year sales to come in at the lower end of its guidance range due to a “tepid” environment.
Sporting Goods Store Sales Rise Modestly In September
Sales at sporting goods stores increased 1.4 percent seasonally adjusted over the previous month, and decreased 0.4 percent unadjusted year over year.
Acushnet IPO Values Company At $1.78 Billion
The parent of Titleist and FootJoy expects to raise as much as $464 million in its IPO, according to an updated regulatory filing.
Up For Sale, K2 Sports Turns Its Attention To Marketing And Organization
Valerie Long was named marketing manager – K2 Skis & Skates, Dan Mayers was promoted to marketing department coordinator, and Adam Harkness stepped in as the new social and digital media strategist.
Reports: Under Armour Secures MLB Deal
Under Armour will replace Majestic Athletic as the manufacturer of on-field jerseys for Major League Baseball while Fanatics gains the rights to other apparel in 2020, according to reports.
Adidas Reveals Paul Pogba Campaign
The new film, titled Football Needs Creators, follows Pogba’s journey beginning with shaping his own reality as a child in Roissey-en-Brie to his groundbreaking return to Old Trafford.
CSG Names Three Global VPs
The new executives will manage product, engineering and marketing for CSG, which owns Cannondale, GT, Sugoi and other premium cycling brands.
Nike X Rostarr Blends Running And Calligraphy
The swoosh has merged the artist’s calligraphy-inspired drawings with popular pieces within running footwear and apparel.
Nike Handily Tops Teen Survey
Nike was by far the most popular apparel brand among teens in Piper Jaffray’s 32nd semi-annual Taking Stock With Teens research survey. Among footwear brands, Nike again dominated with the remaining top five, in order, including Vans, Converse, Adidas and Steve Madden.
