Two former Spenco Medical Corporation executives purchased the footwear assets of the company to offer the full line of Spenco Footwear through a new entity, Waco Shoe Company.
Author: SGB Media
Fitness Industry Owners Call On Governors To Keep Gyms Open
Over 60 of America’s top fitness industry leaders signed an open letter calling on all U.S. states governors to allow gyms to remain open safely as states take action to curb the COVID-19 crisis.
Orpyx Medical Technologies Secures $7.6M In Series A Funding
Orpyx Medical Technologies a maker of insoles that monitors diabetic foot complications, announced the close of a $7.6 million Series A investment round.
Retail Reports Roundup
Retail surveys and studies that arrived last week included McKinsey & Co. identifying five shifts in consumer behavior since the onset of COVID-19. Others explored how the pandemic has affected online spending, online returns, holiday purchasing intent, brand discovery for Millenials, and more.
FC Barcelona To Seek Compensation From Nike For Flawed Jerseys
FC Barcelona plans to seek a monetary recovery from Nike after discovering its new football kits are defective, according to the Financial Times. The report stated that a manufacturing error caused the colors to bleed when wet.
Newest Member Joins USA Triathlon Foundation Board Of Trustees
Alexander Egan, a nonprofit executive and avid triathlete, was announced as the newest addition to the 11-member USA Triathlon Foundation Board of Trustees.
JCPenney Closing Manhattan Mall And Kings Plaza Locations In NYC
JCPenney disclosed in bankruptcy court filings that it was closing two more locations in New York City. The locations are at Manhattan Mall in Manhattan and Kings Plaza in Brooklyn.
TriStar Arms Adds Orion Wholesale And Tactical Gear Distributors
TriStar Arms has added two new distributors, Orion Wholesale and Tactical Gear Distributors, to meet strong demand.
Source Outdoor Group Named Agency Of Record For SCI
Safari Club International (SCI) announced Source Outdoor Group of Gainesville, GA as its endemic marketing and communications agency.
Cobalt Kinetics Under New Ownership
Cobalt Kinetics, manufacturer of performance and precision engineered rifles based in St. George, UA, announced that its holdings have been acquired by BAQ Defense.
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.
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