The majority shareholder of Tough Mudder, Will Dean, and the endurance event's board of directors have consented to bankruptcy proceedings for the company as well as a sale to Spartan Race. (Read More)
Gordini, a snow sports handwear and accessories company founded in 1956, has launched a brand campaign featuring a new logo, website, creative campaign and product line. (Read More)
ATN, known for its night vision and thermal imaging optics for hunters, outdoor enthusiasts, military and law enforcement, announced that it opened a new distribution hub and sales office in Doral, FL. (Read More)
New Mexico United announced a new partnership with Puma, becoming the first American professional soccer team to partner with Puma. (Read More)
The Miami Marlins and Fanatics announced a 10-year omnichannel retail partnership. The deal represents the fourth MLB club to partner with Fanatics. (Read More)
Kjus, a golf, ski and lifestyle apparel company owned by Acushnet Holdings Corp., has named Brooke Mackenzie as president of its worldwide operations. (Read More)
Brand Velocity Partners (BVP), a private equity firm focused on acquiring lower-middle market consumer businesses, announced it has purchased Original Footwear Inc., the parent of the Altama and Original S.W.A.T. footwear brands. (Read More)
StockX, the sneaker resale marketplace, announced it surpassed $1 billion in gross merchandise value (GMV) in 2019 and grew global buyer and seller registrations by more than 100 percent. (Read More)
Fleet Feet announced its plans for expansion in Texas in 2020 with the opening of two new locations. The first location will open in San Antonio in March and will become the third San Antonio store for the brand. The second location will open in Plano in April and will mark the first Fleet Feet location in the Dallas area. (Read More)
JCPenney will close six stores by April 24. The stores are in Montana, New York, North Carolina, Ohio, Oklahoma and South Carolina. (Read More)
Moody's, in a new report, predicted that "another dismal year" for U.S. department stores will accelerate change in 2020. The sector heavily underperformed the broader retail industry last year despite continued investments and offering updates, the still-solid growth of the U.S. economy and strong consumer spending. (Read More)
The corporate family debt ratings of the parent of 5.11 Tactical, Velocity Outdoor and Liberty Safe were upgraded to Ba3 from B1 and the probability of default rating (PDR) lowered to Ba3-PD from B1-PD. (Read More)
O.F. Mossberg & Sons, Inc. announced the appointment of Patricia Donahue as vice president of operations, effective immediately. (Read More)
National Geographic plans to celebrate the 50th anniversary of Earth Day on April 22 with two primetime global specials: Born Wild: Earth Day Live and Jane Goodall: The Hope. (Read More)
Montreal, Quebec-based distributor In-Sport Fashions has acquired Slackline Industries, a manufacturer of slacklines and slackline systems since 2014. Financial terms of the deal weren’t disclosed. (Read More)
Material technology provider PrimaLoft Inc. on Friday announced the promotion of Chris Humphris to the position of senior vice president, global sales. This represents a strategic move to align North American, European and Asian sales efforts for the company. (Read More)
Top headlines from across the active lifestyle industry featured in SGB during the week of January 13, 2020. (Read More)
Philadelphia 76ers All-Star center Joel Embiid announced he will launch his first signature shoe with Under Armour later this fall. (Read More)
Vail Resorts Inc. reported season-to-date total skier visits were down 7.8 percent compared to the prior year season-to-date period. The company continues to expect EBITDA for fiscal year 2020 to be within past guidance given strong season pass sales and the recently improved conditions at Whistler Blackcomb and Stevens Pass. (Read More)
Taurus announced that its board of directors has appointed Bret Vorhees as chief executive officer of Taurus Holdings, Inc., which encompasses Taurus USA, Rossi and Heritage Manufacturing product lines. (Read More)