Whoop has closed a $100 million Series E financing at a $1.2 billion valuation led by IVP.
Author: SGB Media

Dick’s SG Opens Calia Pop-Ups
Dick’s Sporting Goods announced the opening of three temporary pop-up-shop locations for Calia by Carrie Underwood.

Axion Brand Relaunches; ‘Speaks Louder Than Words’
Owners Eric Stalker and Partner and President Steve Harden announced that the Axion footwear brand has returned to the category.

POC Creates Aspired Collective
POC has created the Aspired Collective, a “new pathway for POC to promote and grow talent in snow sports and cycling.” Focused on its safety and protection mission, POC’s Aspired Collective is designed to give athletes, and those who aspire to be one, support and opportunity to focus on reaching the top of their chosen […]

YKK USA Launches Solutions Group To Help Companies Improve Manufacturing Efficiency, Processes And Develop New Products
YKK (U.S.A.) Inc. announced the launch of its new Solutions Group ahead of the Industrial Fabrics Association International (IFAI) Expo. The Solutions Group was created to help manufacturers struggling with issues such as time-consuming manual processes, high scrap rate and wasted material, inconsistent quality, high inventory, multiple suppliers, and rising production costs. The group will […]
Louisville Slugger L.A. Dodgers World Series Champs Commemorative Bats
Louisville Sluggers, the Official Bat of Major League Baseball, has created four commemorative bats celebrating the LA Dodgers’ first World Series Championship since 1988. One that is expected to go fast is a 34-inch limited-edition bat in team colors with the official MLB World Series Champions logo and the signatures of the members of the […]

Aetrex Launches All-In-One 3D Foot Scanner With Albert 2
Aetrex announced the launch of Albert 2, its next gen in 3D foot scanning technology. The all-in-one omnichannel device is a fully integrated foot scanning system to help customers find the right fitting shoe and orthotics at retail. The Albert 2 will be available to retailers starting February 2021. “The Albert 2 is an easy-to-use, […]
Hibbett Sports Sponsors Birmingham’s SMC2020 Virtual Experience Celebrating Local Entrepreneurs
Hibbett Sports announced its sponsorship of Southern Made Creatives (SMC) SMC2020 Virtual Experience on YouTube, a free event taking place on October 31, 2020, at 6 pm Central. As a Gold SMC2020 sponsor, Hibbett will host two segments —ReWork With Chanel and the Influence Panel. ReWork With Chanel The two-hour event will feature curated conversations, […]

Puma’s Q3 Earnings Climb 13 Percent
Puma reported net earnings rose 13.0 percent as sales recovered to show a 13.3 percent gain on a currency-neutral basis. Cost-control measures also helped offset margin pressures. Puma again declined to provide a full-year outlook due to uncertainty in the marketplace around COVID-19.

Shimano’s Earnings Climb In Nine Months
Shimano Inc. reported earnings rose 10.4 percent in the nine months ended September 30 despite a 2.0 percent dip in sales. The Japanese-based sporting goods company lifted its outlook for the year.

Garmin’s Q3 Results Handily Top Wall Street’s Targets
Garmin Ltd. reported net income, on an adjusted basis, rose 25.5 percent in the third quarter ended September 26 on a 19 percent sales gain. The highest segment gain came from Marine, up 54 percent; followed by Fitness, ahead 35 percent; and Outdoor, 30 percent. Garmin also updated its full-year guidance with a forecast well above Wall Street estimates.

Etnies Releases Michelin Package For The Holidays
In time for the holidays, etnies released its Michelin package — etnies Veer in yellow and Marana accented in blue and yellow. The collaboration has “reinvented the outsoles of the Marana and Veer once again”. The Marana was reworked to include a Michelin outsole with fused injection molded rubber toe cap, hidden lace loops, padded […]

Igloo Launches Ltd. Edition Spider-Man Cooler Collection
Igloo and Marvel released the Spider-Man Cooler Collection. The products include a backpack cooler and Playmate coolers featuring Spider-Man graphics. This is a limited-edition collaboration and includes four products. “It’s been really exciting collaborating with Marvel to bring the amazing Spider-Man to life on these special-edition Igloo coolers,” said Brian Garofalow, CMO, Igloo. “While Spider-Man […]

NPD Names President, U.S. Apparel
The NPD Group has named Susan Merrill president of its U.S. Apparel practice. She succeeds John Deputato, a 10-year veteran of NPD and practice head for the majority of those years, who is retiring this month.

Kohl’s To Open Wellness Markets
Kohl’s will test a new in-store shop concept, Wellness Market, in 50 stores and online. The market, which will stock such items as green cleaning products, baby wipes and vitamins, is designed to appeal to consumers who view their health and wellness as a priority.