Evander Holyfield, the former 4-time heavyweight champion, has teamed up with the sports apparel company, Fanatics, and its “All In Challenge” to offer one fan and three friends a personal training session and private dinner with the champ in Fort Lauderdale, FL.
Author: SGB Media

Seventy Percent Of Youth And Recreational Sports Have Resumed In The U.S.
TeamSnap, the provider of sports management technology, released new data that shows an estimated 70 percent of U.S. youth and recreational team sports activities have returned or are set to return in the coming month.

Outdoor Edge Names New Marketing Director
Outdoor Edge has named Will Morgan as its marketing director. Morgan brings more than a decade of management and marketing experience to his new position at Outdoor Edge.

KORR Acquisitions Group Again Urges GoPro To Explore Sale
KORR Acquisitions Group Inc., a shareholder with a substantial position in GoPro Inc., sent a second letter to GoPro’s Nicholas D. Woodman, Chairman, Chief Executive Officer and founder of GoPro, and Kenneth Goldman, the company’s lead independent director, with copies to the Company’s Board of Director urging the Company to explore a sale.

REI’s Westminster Location Closes On Monday
REI is closing its store in Westminster, CO after failing to reach a new agreement with the Orchard Town Center’s landlord, according to the Denver Post.

Modell’s Seeks Extension To File Bankruptcy Plan
Modell’s Sporting Goods is seeking a three-month extension of the time it has to file its bankruptcy plan due to challenges liquidating merchandise due to the pandemic. The retailer said its stores are now opening to start GOB sales.

The North Face And REI Pull Ads From Facebook
The North Face and REI both said they would temporarily stop buying Facebook ads in solidarity with calls for a boycott from civil rights organizations. Facebook and CEO Mark Zuckerberg have come under fire for allowing racist content and disinformation to propagate on the site.

Hudson To Open Sunglass Hut In-Store Shops
Hudson, the operator of more than 1,000 stores in airports and other commuter hubs across North America, unveiled its plans for in-store Sunglass Hut shop-in-shops as part of a new strategic venture with Luxottica Group.

Smith & Wesson Wraps Up Fiscal 2020 On High Note For Firearms And Accessories In Q4
Smith & Wesson Brands, Inc. reported its last full year as a combined Company this week as it prepares for the spin-off of its non-firearms business to a new publicly traded entity in August.

Neiman Marcus Secures Bankruptcy Financing
Neiman Marcus Group LTD LLC announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of Texas Division to access debtor-in-possession (“DIP”) financing and is on track to exit bankruptcy proceedings by the fall.

International Council Of Shopping Centers Launches ‘Back. Together.’ Campaign
The International Council of Shopping Centers, the member network serving the retail real estate industry, has launched its “Back. Together.” campaign, a marketing and branding initiative to help its members communicate with one voice about the importance of retailers and retail real estate as the country seeks to recover from the COVID-19 pandemic.

DSW Parent To Rationalize Vendor Base, Emphasize Athleisure
Designer Brands, the parent of the DSW chain, said it plans to prioritize its Top 50 brands as part of a rationalization of its vendor base while increasing emphasis on athleisure and kids that have been its strongest categories amid the pandemic. Roger Rawlins, CEO, told analysts, “We’re excited actually about the kind of conversations we’ve been having with the top athletic brands.”

Aisle Talk Week Of June 15, 2020
Read the top National stories and the Latest headlines across the Active Lifestyle Market during the week of June 15, 2020 from this week’s SGB Updates — delivered to your inbox every business day.

Reports: Japan’s Renown May Face Liquidation
Japan’s Renown Inc., best known for its D’Urban and Arnold Palmer apparel brands, filed for bankruptcy in May and is on the facing liquidation, according to reports.

Davidson’s Promotes Tappan to Credit Manager Role
Firearms wholesaler, Davidson’s, has appointed Leah Tappan to the position of credit manager.