BSN Sports Acquires Wayne Sporting Goods

BSN Sports, a division of Varsity Brands, on Tuesday announced that it has acquired the team sports business of Wayne Sporting Goods, based in Wayne, PA. Financial terms of the deal weren’t disclosed.

Brooks Running Extends Partnership With P3R

Brooks will continue to showcase their expertise as the official Apparel and Footwear Provider for all of P3R’s races, including (but not limited to) the Dick’s Sporting Goods Pittsburgh Marathon weekend of events, Fleet Feet Liberty Mile, EQT Pittsburgh 10 Miler, GAP Relay presented by UPMC Health Plan, and the FlyBy 5K presented by CNX Resources.

Under Armour Appoints Chief Accounting Officer

Under Armour hired a chief accounting officer accounting and corporate controller on November 25,  three weeks after publicly confirming that its accounting practices are being investigated by the federal government, according to a report in the Baltimore Business Journal.

Under Armour Shares Sink On Growth Concerns

Shares of Under Armour dropped $1.41, or 6.5 percent, to $20.44 Monday after J.P. Morgan resumed coverage of the company with a “neutral” rating and lowered its revenue estimates for fiscal 2020 on continued struggles in North America.

Town Sports Acquires Flywheel Sports

Town Sports International Holdings Inc., one of the largest owners and operators of fitness clubs in the Northeast, agreed to acquire the studio business of Flywheel Sports Inc.

Reef Signs New EMEA Distributors

Reef Lifestyle, LLC announced it has entered into several new distribution agreements with leading footwear distributor partners across Europe, the Middle East and Africa (EMEA).