Jon Wexler, VP GM of Yeezy, will leave Adidas on August 31.
Author: SGB Media

Swiss Running Brand On Launches Experiential Laboratory At Fred Segal
On, the Swiss performance brand has partnered on an in-store activation with Fred Segal, including a monthly-rotating experiential laboratory at the chain’s flagship location on Sunset Blvd. in West Hollywood, CA.

TeamSnap Appoints Head Of Analytics
TeamSnap, the sport management platform, announced that Shaina Jordan has joined the company’s senior leadership team as head of data engineering and analytics.

Nike Sports Camps Operator Secures Investment
Roark Capital, an Atlanta-based private equity firm, announced that its affiliates have invested in US Sports Camps, the licensed operator of Nike Sports Camps.

Nike Ends Relationship With Neymar
Nike has parted ways with Brazilian star forward Neymar a decade and a half after signing the star striker as a 13-year-old prodigy.

Outtech Appoints Inside Sales Representative
Outtech, the sales and marketing agency supporting the outdoor industry, appointed Brad Crum as inside sales representative for the independent channel.

Kinsey’s Announces New Hires
Kinsey’s, a distributor of archery equipment, muzzleloading, camping, air guns and ATV accessories, recently added five new hires and promoted two current employees.

Logo Brands Strikes Exclusive Deal With University Of Florida
Logo Brands Inc. secured exclusive rights to manufacture, produce and distribute University of Florida Gators tailgate and outdoor lifestyle products across multiple retail channels.

16th Annual College Colors Day To Be Held September 4
Collegiate licensing leader CLC plans to hold the 16th annual College Colors Day this Friday, September 4. The holiday, created by CLC, encourages over 185 million fans to don the apparel of their favorite college and share their spirit via social media, using the hashtag #CollegeColorsDay.

Walmart To Sell Shoes.com To CriticalPoint Capital
Walmart has agreed to sell Shoes.com to CriticalPoint Capital, the Los Angeles based private investment firm and owner of JackRabbit and Olympia Sports, according to a report from Bloomberg.

Crocs Chief People Officer Selected As Denver Business Journal 2020 C-Suite Award Winner
Crocs’ Senior Vice President and Chief People Officer, Shannon Sisler, was honored by the Denver Business Journal in their annual C-Suite awards, which recognize outstanding C-level executives for their invaluable contributions to the Denver region.

Garmin Confirms September 30 Dividend Payment
The Garmin Ltd.’s board of directors has established September 30, 2020 as the payment date for the next dividend installment of 61 cents per share with a record date of September 15, 2020.

Vertikal Brands Acquires Higdon Outdoors
Higdon Outdoors, based in Paducah, KY, announced the recapitalization, in partnership with management, of Higdon Outdoors LLC and Power Calls Company, LLC . Higdon Outdoors will operate as a wholly-owned subsidiary of Vertikal Brands, a holding company established by Clearview Capital in partnership with former members of the management team of Battenfeld Technologies.

Skirt Sports Acquired By Zooma Women’s Race Series
Zooma Women’s Race Series, known for their race medals and destination races, has acquired Skirt Sports, the originator of the running skirt.

Hibbett Sports Crushes Wall Street’s Q2 EPS Targets
Hibbett Sports Inc. reported adjusted earnings of $50.0 million, or $2.95 per share, well above Wall Street’s consensus estimate of $1.15. Comparable sales catapulted 79.2 percent.