Hylete Inc., an online seller of fitness apparel and gear based in San Diego, said it has postponed its previously announced initial public offering. Hylete will continue to evaluate the timing for the proposed offering as market conditions develop.
Author: SGB Media
Let’s Do This Secures $15 Million In Funding Round
Let’s Do This, an online marketplace for endurance sporting events, announced a $15 million Series A round, led by the EQT Ventures with participation from existing investors NFX, Y Combinator, Richard Oldfield, and Paddy Dear.
More Than 165 Million Expected To Shop Over Five-Day Thanksgiving Weekend
Retailers are preparing for one of the busiest shopping weekends of the year with an estimated 165.3 million people likely to shop Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
October Retail Sales Grew 4.2 Percent
Retail sales in October increased 0.2 percent seasonally adjusted over September and were up 4.2 percent unadjusted year-over-year, the National Retail Federation said.
Sam’s Club Appoints New President And CEO
Walmart Inc. appointed Kath McLay as president and CEO of Sam’s Club.
Eddie Bauer Signs Carla Perez And Angela Hawse To Guide And Athlete Team
Eddie Bauer announced the addition of two highly accomplished mountain guides, Angela Hawse and Carla Perez, to its world-class guide and athlete team.
Dick’s Chief E-Commerce And Supply Chain Officer Joins Michaels
The Michaels Companies Inc., the arts and crafts retail chain, appointed Vidya Jwala as chief customer officer (CCO). Jwala was Dick’s Sporting Goods’ chief e-commerce and supply chain officer from August 2018 to November 2019.

Zappos.com Introduces Goods For Good Platform
Zappos.com announced Goods for Good, a new purpose-driven customer experience that makes it easier and more convenient than ever to shop over 150 eco and socially conscious brands.
Gert Boyle Celebration Of Life To Be Held On December 5
The family of Gert Boyle, former chair of Columbia Sportswear Company, will host a Celebration of Life in her honor on December 5, 2019. The event will be held at Veterans Memorial Coliseum in Portland, OR.
Dick’s Appoints Anne Fink To Board
Dick’s Sporting Goods Inc. announced that Anne Fink, president, global foodservice for PepsiCo, has been named to its Board of Directors.
Nike Appoints Thasunda Brown Duckett To Board
Nike Inc. announced that Thasunda Brown Duckett, CEO of Chase Consumer Banking, has been appointed to the company’s Board of Directors. Duckett represents the fourth woman on Nike’s current 14-member board.
DPS Skis Announces Changes To Global Sales Team
Salt Lake City, UT-based ski maker DPS has announced some changes to its global sales team, including the addition of Norway distributor Roxee Sport AS and regional sales representatives Sasso Vertical Sales in Western Canada and Heimo Baer in Austria.

SIA Broadens Focus With B2C Show Acquisition
Snowsports Industries America (SIA) is getting back into hosting large-scale, live shows—albeit with a different target market than its former signature event. About two and a half years after selling its annual B2B event Snow Show, SIA announced Friday it had agreed to acquire a pair of B2C snow sports expos. SIA leaders share why this move is another step in a new direction for the trade association.

Aisle Talk Week Of November 11
Top headlines from across the active lifestyle industry featured in SGB during the week of November 11, 2019.

Nike SNKERS App Not Just For Sneakerheads
If you’re want to be close to the high-demand, limited-edition sneaker market, then you’ve probably downloaded Nike’s SNKERS app. “Your Ultimate Sneaker Source,” according to Nike, brings you the inside track behind Nike designs and includes dedicated feeds showing photos of customers wearing their favorite kicks from the megabrand. The app, launched in 2015, has […]