Rockport Group confirmed that Javan Bunch is stepping down as president.
Author: SGB Media
Columbia Sportswear Set To Join S&P MidCap 400
Columbia Sportswear Company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel, Accessories & Luxury Goods Sub-Industry index.
Apex Global Brands Delays Release Of Q3 Results
Apex Global Brands, formerly Cherokee Global Brands, announced that it will file with the U.S. Securities and Exchange Commission for an automatic five-day extension of the deadline for submitting its quarterly report on Form 10-Q for its Third Quarter ended November 2, 2019.
Vicis Faces Credit Crunch
Vicis, the high-tech football helmet startup, is running out of money and may shut down operations, according to The New York Times.
Tracking Peloton’s Climb Out Of Advertising Stumble
Peloton Interactive Inc. appears to have ridden out the controversy surrounding its recent ad that took social media by storm and sent the company’s shares plummeting. When the company’s leadership took to the presentation circuit last week, the focus was not on that perceived misstep but instead on the potential Peloton is eyeing a few months after going public.
PowerBilt Partners With Head
PowerBilt Holdings, owned by Hillerich & Bradsby, entered into a multi-year agreement with Head Sport GmbH to design, manufacture and distribute an extensive line of golf equipment and accessories.
Minnetonka Appoints Jori Miller Sherer As President
Minnetonka has promoted Jori Miller Sherer, most recently vice president of business development, as president.
Will Slowing Logo Trend Slow Champion?
Bank of America Merrill Lynch downgraded Hanesbrands Inc. due to concerns that a slowing logo trend will cause Champion’s sales to decelerate.
Hype Sports Innovation Partners With Jordi Cruyff
Hype Sports Innovation, the sports innovation platform based in London, said Jordi Cruyff, manager of the Chinese Superleague club, Chongqing Lifan, has joined its investment arm, Hype Capital, as an investor and advisory board member.
PlayOn! Sports Raises $25 Million In Series B Funding
PlayOn! Sports, which operates the NFHS Network, has raised Series B funding of $25 million led by venture investment firm BIP Capital. New investors in the funding round include Jeff Vinik, Teall Capital, and Crossover.
Ebay Unveils New December Sneaker Drop Series
Ebay said its marketplace is eliminating sneaker seller fees in North America on any sneakers sold at $100 or more while unveiling new December Drop series. The drops signify the continued dominance of Ebay in the sneaker resale game, with nearly six million total sneakers sold on Ebay in 2019.
Velofix Launches First 10 Corporate Mobile Bike Shops
Velofix, the leading mobile bike shop operator in North America, has released its first wave of corporately-owned mobile bike shops, now servicing Austin and Houston, TX; Tampa, FL; San Jose, CA; Raleigh, NC; and Vancouver, British Columbia.
SFIA Elects Dan Arment As New Chairman
Dan Arment, president and CEO of Riddell & BRG Sports, has been elected as the new Sports & Fitness Industry Association (SFIA) chairman of the board for a one-year term.
Congress To Fund Research On Gun Violence
Congress on Monday reached a federal spending deal that would allocate government funds toward gun-violence research for the first time in over 20 years. The $25 million in funding would be split across the Centers for Disease Control and Prevention (CDP) and the National Institutes of Health (NIH).
G. Loomis’ Bruce Holt To Retire
Culminating a 45-year career in the fishing and hunting industries, including the last 34 years in senior executive positions with G. Loomis Rods, Bruce Holt has announced his retirement from the company effective the end of the year.
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