About 8,500 units of Morpher flat-folding bicycle helmets are being recalled. According to a statement from the CPSC, the bicycle helmets do not comply with the federal safety standard for bicycle helmets, posing a risk of head injury.
Author: SGB Media
IHRSA Appoints Interim President And CEO
The International Health, Racquet & Sportsclub Association (IHRSA) announced that the Board of Directors has appointed Brent Darden as Interim president and chief executive officer, effective immediately. Joe Moore’s departure as president and CEO was announced by the IHRSA Board of Directors on August 18.
JD Sports Becomes First Official Sleeve Sponsor For Leeds United
Leeds United entered into a new partnership agreement with sports fashion retailer JD Sports. The new agreement will see JD become its official sleeve sponsor for the 2020/21 Premier League campaign.
REI To Open Stores In Pigeon Forge, TN And Appleton, WI
REI Co-op will open new stores in Pigeon Forge, TN and Appleton, WI in September. The openings will mark REI’s fifth location in Tennessee and third in Wisconsin.
Lord & Taylor Closing All Locations
Lord & Taylor, which filed for bankruptcy on August 2, announced Thursday that all of its 38 remaining stores and website have begun liquidation sales. The retailer had said last week that it planned to keep 14 locations open.
REI Announces 2020 Grant Partners
REI Co-op announced its 2020 grant partners, an investment that will total more than $6 million and touch more than 400 nonprofit partners this year.
UCLA Sues Under Armour For Ending $280 Million Sponsorship Deal
UCLA filed a lawsuit against Under Armour for ending the university’s $280 million sponsorship deal. The school is seeking more than $200 million in compensation.
Athleta’s Q2 Sales Climb 6 Percent
Athleta’s sales were up 6 percent in the second quarter as a surge in online sales of 74 offset a 45 percent decline in store sales, according to the quarterly report of its parent, Gap Inc. Comparable sales at Athleta were up 19 percent.
TRX Partners With Aaptiv
TRX, the maker of functional training equipment and training content, announced a partnership with Aaptiv, the fitness app, to provide Aaptiv members access to video-based TRX workouts.
Moots Rolls Out Demo Center Program
Moots announced the introduction of its new Demo Center customer test ride program. The program is intended to give cyclists the opportunity to test ride a bike of their choosing to be sure that the model and size they’ve selected is the right bike for them.
Utah’s Al’s Sporting Goods To Open Third Location
Al’s Sporting Goods plans to open its third store in Idaho Falls, ID. The retailer already operates two stores in Logan and Orem in Utah.
Aptean Acquires Innovative Systems
Aptean, a provider of enterprise software solutions, announced the acquisition of Innovative Systems, LLC, a provider of enterprise resource planning (ERP) software solutions and electronic data interchange (EDI) mapping and transaction support services to the apparel, footwear and accessories industries in North America.
Golf Rounds Surge In July
Golf rounds jumped 19.7 percent in July, continuing the recovery following the reopening of golf courses across the country starting in May, according to Golf Datatech. For the year-to-date period, rounds played are now ahead 3.0 percent.
Burlington Stores’ Q2 Sales Slide 39 Percent
Burlington Stores Inc. reported a loss of $37 million in the second quarter as revenues declined 39 percent. The off-pricer was able to significantly improve liquidity and reduced inventories 26 percent at the end of the second quarter.
Grassroots Outdoor Alliance Partners With NuOrder
Grassroots Outdoor Alliance, the national organization for independent specialty retailers, will partner with NuOrder to utilizing its collaborative digital buying platform to help the retail buying process.
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