Cobalt Kinetics, manufacturer of performance and precision engineered rifles based in St. George, UA, announced that its holdings have been acquired by BAQ Defense.
Author: SGB Media

Retail Organization Seeks To Make Face Masks Mandatory
In a letter to the National Governors Association this week, RILA (Retail Industry Leaders Association) asked governors to require face masks when in public or while shopping. Fewer than half of U.S. states require masks in public places, according to the RILA.

Walmart To Launch Membership Service In July
Walmart plans to launch its own membership service, Walmart+, to rival Amazon Prime this July, according to Recode. The $98-per-year program will offer same-day delivery of groceries and general merchandise, along with other perks such as fuel discounts.

Report: Under Armour Looking To Sell MyFitnessPal
Under Armour is looking to sell MyFitnessPal, a smartphone app and website that tracks diet and exercise, according to a report in The Information.

Dr. Emil Nutrition Acquired By Brand Holdings
Brand Holdings LLC, a new holding company led by sports industry veteran Jeff Hennion, has acquired Dr. Emil Nutrition, a provider of a portfolio of health and wellness supplements as well as sports nutrition products.

NFHS Network Launches High School Support Program
The NFHS Network, the provider of streaming live and on-demand high school sports, announced the launch of its High School Support Program to support high schools managing the fallout from COVID-19.

Liquid Wire Closes $10 Million Funding Round
Liquid Wire Inc. announced that it has successfully closed a $10 million Series A financing round to expand its stretchable electronics technologies into the medical wearables market.

SportsEngine And SoccerWire Announce Partnership
SportsEngine, Inc., an NBC Sports Group company and a provider of sport relationship management software, announced that it has formed a partnership with SoccerWire, becoming its official technology provider.

Dick’s Announces Donation Of Nearly $800,000 To The CDC Foundation
Dick’s Sporting Goods announced a nearly $800,000 donation to the CDC Foundation in partnership with Callaway Golf.

HanesBrands Gerald Evans Recognized As 2020 Most Admired CEO
HanesBrands announced its CEO, Gerald W. Evans Jr., has been recognized as the most admired CEO in the Piedmont Triad, NC, region with a 2020 C-Suite Award from the Triad Business Journal.

JD Sports Updates U.S. Strategy For Finish Line And JD
JD Sports Fashion on Tuesday committed to developing Finish Line, acquired in 2018, and JD Sports as separate banners in the U.S. marketplace. Officials provided the update while reporting strong sales and profit improvement for the Finish Line chain its year ended February 1.

GSM Outdoors Acquires Skull Hooker
GSM Outdoors has acquired the mounting system brand Skull Hooker.

American Baitworks Taps Industry Vet For President
The company has hired industry veteran Doug Minor as president effective July 7. Minor comes to the brand after 37 years with the Strike King Lure brand.

Finish Line Delivers 9 Percent Comp In Fiscal Year
JD Sports Fashion reported a rise in annual earnings and indicated Finish Line’s comps in the U.S. grew 9 percent. However, the UK’s largest sneaker chain cut its dividend and warned the coronavirus outbreak has constrained its short term progress.

SIA Appoints Director Of Snowbound Festival
Snowsports Industries America (SIA) announced that it has named Brian Stephenson as the Director of Snowbound Festival, a leading winter outdoor consumer festival.