OBIT: Yoshizo Shimano

Shimano announced the passing of chairman emeritus and former chairman Yoshizo Shimano. Yoshizo died of chronic heart failure at the age of 85 on July 3, 2020.

Head Acquires Zoggs

Head, the owner of Head, Penn and Mares, announced the acquisition of Zoggs, the swim brand famous for its goggles, swimwear and equipment.

Kathmandu Sees Strong Rip Curl Recovery As Stores Reopen

Kathmandu Holdings Limited reported that total Group sales for the 10 months ended May 31 were down 15.1 percent versus the prior-year comp period but retail store and online sales have “generally exceeded management expectations since stores began reopening.

Peloton Appoints Head Of Music

Peloton Interactive promoted Gwen Bethel Riley from VP of music partnerships, to SVP of music partnerships, according to Variety. She replaces current SVP and music head Paul DeGooyer, who will transition to consultancy in August.

NPD Details COVID-19 Shifts To Sports Industry

On an SFIA Coronavirus Update Webinar, Matt Powell, VP and senior industry advisor, The NPD Group, explored whether the current strength in fitness and cycling is sustainable; the recent bounce back in golf, running footwear and other categories; and other shifts the sports industry may face due to the pandemic.

Real Madrid CF And Legends Announce Omnichannel Retail Program

Real Madrid CF, the Spanish professional football club based in Madrid, announced an expansive omnichannel retail program, inclusive of a new online store, the relaunch of three stores in Madrid, and a new Flagship Megastore at the Estadio Santiago Bernabéu. Real Madrid has partnered with Legends to manage all merchandise operations.