Major League Baseball Players, Inc. announced a partnership with protective headgear company 2nd Skull Inc. The 2nd Skull brand will be officially licensed by MLB Players, Inc., which will also take an ownership interest in 2nd Skull and support the promotion of its brand and products across the sports equipment market and affiliated youth baseball and other sports organizations.
Author: SGB Media
Crocs Appoints President
Crocs Inc. announced that Michelle Poole has been appointed as president, Crocs, Inc. effective September 10, 2020. She will continue to report to Andrew Rees, CEO.
Hibbett Sports Opens In Morgantown Mall
Hibbett Sports announced the opening of the newly relocated store in the Morgantown Mall in West Virginia.
Evolution Wellness Launches Global Licensing Program For Fire Fitness
Evolution Wellness, one of Asia’s leading health club operator whose portfolio of brands also includes Celebrity Fitness and Fitness First, announced the launch of a global licensing program for its premium boutique gym brand, Fire Fitness.
Puma Signs Neymar
Puma has signed Neymar to an endorsement deal after the Brazilian star forward recently left Nike. Said Bjørn Gulden, chief executive officer of Puma, “He is one of the best players in the world and extremely influential for the global football and youth culture.”
Seafolly Names New CEO
Seafolly, the 45-year-old Australian swimwear maker, appointed Brendan Santamaria as its new CEO. The hire comes as the brand bounces back from voluntary administration and returns to former owners L Catterton.
Technogym’s First-Half Revenues Slump 25 Percent
Technogym reported net earnings tumbled 75.5 percent as sales slumped 24.7 percent. The sales decline was due to the contraction in general sales volumes mainly due of pandemic related postponement of several projects on the Business to Business side. On the other hand, the growth of the Home & Consumer segment was significant with a gain of 50 percent.
Fitbit Receives Regulatory Clearance For ECG App To Identify Atrial Fibrillation (AFib)
Fitbit has received 510(k) clearance from the U.S. Food and Drug Administration (FDA), as well as Conformité Européenne (CE) marking in the European Union, for its electrocardiogram (ECG) app to assess heart rhythm for atrial fibrillation (AFib), a condition that affects more than 33.5 million people globally.
Powerful Foods Closes First Pro Sports Team Deal
Powerful Foods said Inter Miami CF has become its first pro sports team partner.
Scheels Rolls Out Mobile Checkout
Scheels, which has 28 stores, has completed its initial implementation of the cloud-based Oracle Retail Xstore mobile POS platform and Oracle Retail Xstore Office Cloud Service to enable its employees to check out customers on selling floors.
Imports Spike As Retailers Stock Up For Holidays
Imports surged to unexpectedly high levels this summer and may have hit a new record, as the U.S. economy continues to reopen and retailers stock up for the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Zumiez Inc. Shows Market How To Manage Through A Pandemic; Shares Surge Double Digits
Zumiez, Inc. saw a 9.6 percent increase in fiscal second quarter year-over-year revenues despite a shift in government orders that restricted the number of stores that could be open during the period. Net income for the second quarter was $25.4 million or $1.01 per share, compared to net income of $9 million or 36 cents per share for Q2 2019.
Crocs Sees Growth Resuming In Q3
Crocs Inc. said it expects third-quarter revenues to expand approximately 10 percent.
Newell Brands Appoints Board Member
Newell Brands announced that Jay L. Johnson, executive vice president, chief financial officer and treasurer of Lamar Advertising Company, has been elected to the company’s Board of Directors, effective September 8, 2020. He will serve as a member of the Audit Committee.
StockX Co-Founder Josh Luber To Exit Company
Josh Luber, the co-founder of StockX, is leaving the company a little over a year after he stepped down as CEO.
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