Authentic Brands Group announces a slate of executive promotions as it continues to position itself for sustainable and scalable growth.
Author: SGB Media
Thule Tepui Foothill Takes Gold At ISPO Award 2021
The ISPO Award is an honor given every year to products that symbolize innovation, creativity and passion in the active lifestyle space. This year, Thule was awarded Gold Winner for its rooftop tent, the Tepui Foothill, that sleeps two adults and folds compactly, preserving valuable space on a car roof for other cargo. Outdoor enthusiasts […]
L Catterton Acquires Majority Stake In French Outerwear Brand JOTT
Just Over The Top (JOTT), the French casual outerwear brand, announced that L Catterton, the PE firm, has acquired a controlling interest in the company. The Gourdikian family, which founded and manage JOTT, will continue to hold a significant equity interest in the business.
L.L. Bean To Open Store In Dartmouth, Nova Scotia
L.L.Bean is continuing with its Canadian store expansion with a location opening this year in suburban Halifax. North American Development Group (NADG) said that it is welcoming L.L.Bean to Dartmouth Crossing, with its new 15,000-square-foot store scheduled to open in mid-2021.
New Balance’s CEO Talks About Digital Transformation
At a webinar hosted by Coresight Research, Joe Preston, CEO, New Balance, said his company’s sales were down 17 percent in 2020 due to fallout from the pandemic. However, he believes steps taken to enhance digital execution and improve speed-to-market capabilities has set the path for significant growth in the years ahead.
ICAST Headed Back To Orlando In July
The American Sportfishing Association plans to hold its 64th ICAST recreational fishing trade show from July 20 to 23, in the North/South Building at the Orange County Convention Center in Orlando, FL.
Pure Archery Hires Appalachian Territory Manager
Pure Archery Group hired industry veteran Todd Wade as territory manager for Pennsylvania, Maryland and Delaware.
Bass Pro And Johnny Morris Announce Amateur Fishing Tournament
Bass Pro Shops and founder Johnny Morris announced plans Monday for a national amateur bass fishing tournament to kick off the company’s 50th Anniversary celebration. The event will offer the largest cash prize of any freshwater fishing tournament to date.
Life Time Plans Debt Offering
Life Time Inc. plans to issue $475 million of senior unsecured notes due 2026 and will use the proceeds primarily to refinance its existing $450 million senior unsecured notes due 2023. The refinancing of its senior unsecured notes extends the unsecured maturity profile from 2023 to 2026.
Ortovox Introduces Diract Voice Avalanche Transceiver With Voice Navigation
Today, Ortovox introduced its first avalanche transceiver featuring voice navigation. Diract Voice offers the culmination of years of R&D to produce a transceiver that supports rescuers in every phase of a search, offering calm, clear commands to provide steadiness when the survival is on the line. “Our values at Ortovox are rooted in the protection […]
Sports Data Labs Secures Strategic Investment
Sports Data Labs, Inc. (SD Labs) announced that it has received new investment from EmergeVest, a Hong Kong-based investment group.
Selk’bag Launches Limited-Edition, 100 Percent Recycled Wearable Sleeping Bag
Inspired by flora and fauna in the Chilean forest preserve of Parque Oncol, Selk’bag launched its limited-edition Rainforest wearable sleeping bag made from 100 percent recycled material for indoor or outdoor use. As one of the largest reserves of biodiversity on the planet, Parque Oncol, located on Valdivia in northern Chilean Patagonia, is home to […]
Salomon Announces Latest Sustainability Initiatives For Winter Sports Category
Salomon announced the implementation of new, more sustainable designs across its Winter Sports category. The company’s more responsible approach to creating Winter Sports equipment, includes hardgoods, is another step toward realizing its overall commitment to lessening the brand’s environmental impact. Most notably, by 2030, Salomon has pledged to reduce its overall carbon emissions by 30 percent and […]
Dick’s SG Expands Initiatives For National Girls & Women In Sports Day
In honor of National Girls & Women’s Day In Sports, to be celebrated on February 3, Dick’s Sporting Goods announced it will expand its efforts to support female athletes in 2021 and the importance youth sports plays in the lives of female athletes. These include: Dick’s Sporting Goods Foundation will donate 100,000 DSG brand sports […]
JD Sports To Acquire DTLR Villa
JD Sports Fashion Plc has entered into a conditional agreement for the acquisition of DTLR Villa LLC, an athletic footwear and streetwear retailer based in Baltimore, MD, for a total cash consideration of $495 million.
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