Walmart, Target and Dick’s Sporting Goods have all taken down Washington Redskins merchandise from their websites amid renewed calls for the NFL team to change its name. Nike, the NFL’s official gameday uniform supplier, has also removed Redskins jerseys from Nike.com.
Author: SGB Media
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.
Nordstrom Will Pay Half Rent For The Remainder Of 2020
Nordstrom has reportedly notified its landlords that it will pay only half of its rent costs for the rest of 2020.
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.
TSG Promotes Girish Satya To Principal, Portfolio Operations
TSG Consumer Partners, a private equity firm focused exclusively on the branded consumer and retail sectors, promoted Girish Satya to principal, portfolio operations.
CODI Declares Second Quarter 2020 Distributions
Compass Diversified Holdings (CODI), the parent of 5.11, Liberty Safe, Marucci Sports and Velocity Outdoor, has declared a quarterly cash distribution of 36 cents per share on the company’s common shares.
Apollo Creative Acquires Inside Archery, Bowhunt America
Zebra Publishing Inc. announced that Apollo Creative Inc. of Georgia has acquired the assets of Inside Archery and Bowhunt America.
Global Surf Industries Signs Local Manufacturing Agreement
Global Surf Industries has signed with Olivier Gricourt and Delphine Ferran of OGS Surf Glassing in Capbreton, France as the first of its local-production agreements.
Nike Removes Redskins Apparel From Its Website
Nike, the NFL’s official gameday uniform supplier, has taken down Washington Redskin’s apparel from its website amid renewed calls for the NFL team to change its name.
Lucky Brand Files For Bankruptcy, Enters Sales Agreement
Lucky Brand Dungarees filed for bankruptcy and reached an agreement with SPARC Group LLC (SPARC) and Authentic Brands Group on the sale of the company.
Equinox Undergoes Furloughs
Equinox Holdings Inc. has furloughed more than 3,000 employees as many of its gyms remain closed due to COVID-19 mandates, according to Bloomberg.
USA Cycling Cancels National Championships
USA Cycling announced the cancellation of multiple National Championships for the 2020 season.
Athletic Republic Partners With Klean Athlete
Athletic Republic, the sports performance training franchisor, announced the rollout of its new partnership with Klean Athlete, developer of nutritional supplements for athletes.
Nautilus Explores Sale Of Octane Fitness
Nautilus Inc. announced its plan to pursue efforts to find a potential buyer for Octane Fitness to focus solely on the home fitness equipment market.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal