Hylete Postpones IPO

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.

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.

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.

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.

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 […]