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.
Author: SGB Media
Active Lifestyle Market 2020 Vision … Part Two
The Editors from SGB Executive present the second installment of SGB’s Annual Survey that gauges what the leaders in the active lifestyle market are projecting for 2020. Comments from Oboz, Vibram, Gore, Salomon and more.
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.
Nike, Liverpool FC Announce Multi-Year Partnership
Nike Inc. will become Liverpool Football Club’s official kit provider beginning in the 2020-21 season as the company and club announced a multi-year agreement Tuesday.
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.
Safariland Group Announces Sale Of KleenBore To Pro-Shot Products
The Safariland Group completed the sale of its KleenBore brand of firearms cleaning accessories to Taylorville, IL-based Pro-Shot Products, a family-owned business and leading manufacturer of American-made firearms cleaning accessories. Financial terms were not disclosed.
Hadley Development Acquires Muddy Girl
Hadley Development has acquired the intellectual property of Sirphis LLC, including Muddy Girl, Lifestyle Camo, Pulse, and Grit House.
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).
Snowsports Merchandising Corp. Celebrates 50th Anniversary
In 1970 eight ski retailers got together to form the Snowsports Merchandising Corporation (SMC), a buying group in the winter sports industry. In 2020, the SMC is proud to announce 50 years of servicing the specialty retail community.
360 Adventure Collective’s Winter Hardgood’s Show To Host 500 Brands
360 Adventure Collective, the 40-year-old member association for the active outdoor industry, heads to Providence, RI this month to host the New England Winter Expo.
Mayweather Boxing + Fitness Opens St. Petersburg, FL Location
Mayweather Boxing + Fitness, a group fitness and boxing experience created by legendary boxer Floyd Mayweather, announced that its St. Petersburg, FL location will open on January 11.
Wigwam Mills Hires Dana Gibson As Director Of Sales
Wigwam Mills Inc. announced that Dana Gibson has joined the company as director of sales. She was most recently with Leg Apparel and Gildan.
Patagonia Opens Store At Harvard Square
Patagonia has opened a new store in Harvard Square in Boston’s Cambridge section at 39 Brattle Street.
PXG Opens Retail And Fitting Studio In Atlanta
PXG, the maker of golf equipment and apparel, has opened its fourth brick-and-mortar location in Atlanta’s Lenox Square.
Planet Fitness Surpasses 2,000-Store Mark
Planet Fitness Inc. on Monday announced that it has opened its 2,000th location in Colorado Springs, CO. The company also opened its 2,001st store on December 31, 2019, bringing its 2019 total store openings to a record 261.
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