Minnetonka has promoted Jori Miller Sherer, most recently vice president of business development, as president.
Author: SGB Media
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.
Mastercard: Holiday Retail Sales Up 3 Percent Through December 6
Retail sales are up 3.0 percent excluding. auto so far this holiday season (November 1-December 6), according to Mastercard SpendingPulse. E-commerce grow 14.4 percent.
Nearly 148 million Americans Plan To Shop Super Saturday
Super Saturday continues to be the biggest shopping day of the year with an estimated 147.8 million U.S. consumers expected to participate, up from 134.3 million last year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
Pelican International Acquires Confluence Outdoor
Pelican International Inc., a Canadian manufacturer kayaks, canoes, SUPs and other watercraft, announced Monday it has acquired Greenville, SC-based boat maker Confluence Outdoor LLC. Financial terms of the deal weren’t disclosed.
Hibbett Names Michael Longo As President And CEO
Hibbett Sports Inc. on Monday named Michael E. Longo as president and CEO. Effective December 16, Longo will succeed Jeff Rosenthal, who announced his planned retirement in March.
Sealskinz USA Appoints Perpetual Motion NW Sales Representatives
Sealskinz, a weatherproof accessories brand, announced Monday it has expanded its North America sales presence with the addition of Perpetual Motion NW.
Crocs Appoints Beth Kaplan To Board Of Directors
Crocs Inc. on Monday announced that Beth J. Kaplan has been appointed to its board of directors effective January 1, 2020.
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