The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of January 11, 2021 covered in the SGB Updates and delivered to your inbox every business day.
Author: SGB Media
Mindbody Appoints VP Of Strategic Accounts
Mindbody announced the hiring of Javad Ra’ed as vice president of strategic accounts.
Play It Again Sports Parent Appoints New Board Member
Winmark Corp., the parent of Play It Again Sports, named Gina De Caro Sprenger to its Board of Directors. Currently, Sprenger is the chief strategic retail officer for Fanatics.
UFC Names Zappos.com Official U.S. Licensing Partner
UFC, the mixed martial arts organization, announced a multi-year partnership in which Zappos.com will become the exclusive wholesale manufacturer and distributor of officially licensed UFC merchandise sold at retail in the U.S.
Joint Statement From AAFA, NRF, RILA, USFIA In Response To Ban On Cotton Imports From XUAR
The American Apparel & Footwear Association, National Retail Federation, Retail Industry Leaders Association, and The United States Fashion Industry Association responded to the U.S. Customs and Border Protection’s (CBP) blanket Withhold Release Order (WRO) impacting all cotton and cotton products from the Xinjiang Uyghur Autonomous Region (XUAR).
Buffalo Groupe Acquires Longitudes Group
Buffalo Groupe, LLC has expanded its research capabilities with the acquisition of Longitudes Group.
Christensen Arms Promotes David Farrell To VP Sales
Christensen Arms promoted David Farrell to the position of vice president of sales.
Poshmark’s Stock Price More Than Doubles In IPO Debut
Poshmark Inc.’s shares more than doubled in its initial public offering debut Thursday.
Hobie Expands Watersport Category With Mirage ITrek Series And Mirage iEclipse
Hobie announces the launch of its Mirage iTrek Series, a collection of inflatable pedal kayaks and its Mirage iEclipse inflatable stand-up pedalboard. “The new Mirage iTrek series is once again a result of Hobie’s DNA of innovation,” said Doug Skidmore, CEO, Hobie. “Our laser focus on ensuring that we are delivering top-notch, highly functional products […]
Vail Resorts Sees 17 Percent Drop In Season-To-Date Skier Visits
Vail Resorts reported season-to-date total skier visits were down 16.6 percent compared to the prior year season-to-date period. Season-to-date total lift ticket revenue, including an allocated portion of season pass revenue for each applicable period, was down 20.9 percent.
Stock+Field Closing All Locations
Stock+Field, the farm supply and outdoor department store, has filed for bankruptcy and is closing all 25 of its locations.
Anta Sports’ Q4 Sales Gains Led by Fila, Other Brands
Anta Sports reported modest retail sales gains for its flagship Anta brand in the fourth quarter while strong double-digit gains were seen by Fila and its other brands ((Descente, Kolon Sport, Sprandi, and Kingkow).
Bern Helmets Announces Expanded Team, New Headquarters
Bern Helmets announced an expanded leadership team and a growth plan leveraging the burgeoning outdoor and micro-mobility trends. Founder Dennis Leedom, with Adam Godwin, chief financial officer, will lead a team of veteran action sports professionals from its new headquarters in Cordage Commerce Center, a renovated industrial park.
U.S. Bans Cotton From Xinjiang Region
The U.S. has banned imports of cotton products and tomatoes produced in China’s Xinjiang region over the Chinese government’s continued atrocities against its Uighur Muslim population U.S. Customs and Border Protection (CBP) said on Wednesday.
Adidas Partners With G2 Esports
Adidas announced a multi-year partnership to become the official sports apparel provider for G2 Esports, a leading esports brand.
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