Umbro Extends South America License

Iconix Brand Group, Inc. announced a ten-year extension of Umbro’s licensing agreement with long-time partner Grupo Dass. The renewal gives Grupo Dass the continued license to design, manufacture and distribute Umbro performance and lifestyle apparel, footwear and equipment in Brazil, Argentina and Paraguay through 2035.

Sequential Brands Group Explores Strategic Options

Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, announced that Karen Murray, its CEO, has stepped down. The company has engaged Stifel to review strategic alternatives, including the sale of certain brands.

Topsports Raises $1 Billion In IPO

Topsports, the Chinese sportswear retailer, raised roughly $1 billion and achieved a market cap of $6.74 billion after pricing its shares at HK$8.50 (about $1.08) apiece in a Hong Kong IPO, according to Reuters.

Athleta Launches BOPIS

Gap Inc. brands Athleta and Banana Republic launched an in-store pick up service. Buy Online, Pick Up In Store, or “BOPIS,” is now available at all U.S. stores for both brands.

Bob’s Sports Chalet To Open Second Store

Bob’s Sports Chalet, one of Connecticut’s longest-standing snowboard and ski shops, will open a second location at 195 Main St. in Avon. The store currently operates a Bristol location.