TOCA Football, Inc. (TOCA), a California-based soccer-focused and technology-enabled experience company, has secured $25 million in Series D funding.
Author: SGB Media
Schutt Sports Secures Funding
Innovatus Capital Partners, LLC has provided an $18 million secured term loan to Kranos Corporation, doing business as Schutt Sports, Inc.
Crocs Welcomes Priyanka Chopra Jonas As Global Brand Ambassado
Crocs Inc. announced award-winning actor, activist and entrepreneur Priyanka Chopra Jonas has been signed as a global brand ambassador for the 2020 “Come As You Are” campaign.
NHL, Green Day Announce Two-Year Partnership
The National Hockey League (NHL) announced it has entered into a two-year, cross-platform marketing and promotional partnership with five-time Grammy Award-winning band Green Day.
NHL And NHLPA Partner With Bauer Hockey’s First Shift
Bauer Hockey announced that together with founding partner Hockey Canada, they have joined forces with the National Hockey League Players’ Association (NHLPA) and National Hockey League (NHL) to continue to advance and strengthen the First Shift program – a learn-to-play initiative designed to welcome new-to-hockey families to the game.
SquadLocker Adds Uniforms To Online Stores
SquadLocker, a leading custom team gear and spirit wear provider, has added uniforms to its proprietary suite of online team gear solutions.
Skechers Opens Store in Disneytown At The Shanghai Disney Resort
Skechers opened a Skechers flagship retail store in the Disneytown shopping district at the Shanghai Disney Resort. The new Skechers Kids Brand Experience store, which opened on October 20, is the first Skechers retail location at a Disney resort property.
Anta Partners With IOC
The International Olympic Committee (IOC) announced that Anta has become its official sportswear uniform supplier until the end of 2022 at a signing ceremony at the Olympic Museum in Lausanne, Switzerland.
Shimano’s Sales Climb 6 Percent In Nine Months
Shimano Inc. reported net sales in the nine months increased 6.1 percent to ¥269.5 billion ($2.5 bn). Operating income increased 5.4 percent to ¥50.4 billion ($463 mm)
Garmin Lifts Outlook On Q3 Beat
Garmin lifted its guidance for the year after reporting third-quarter results that smashed Wall Street’s targets.
Crocs Earnings Increase Nearly Three-Fold In Q3
Crocs Inc. reported third-quarter earnings on an adjusted basis tripled on a 19.8 percent revenue gain. Both earnings and sales topped estimates and the full-year outlook was again raised.
Nike Sells Hurley To PE Firm Bluestar Alliance
Nike Inc. announced Tuesday it has reached a definitive agreement to sell the Hurley brand to private equity firm Bluestar Alliance LLC. Financial terms of the transaction were not disclosed. The deal is expected to be complete in December.
Faction Skis Goes Big With Next Growth Phase
Faction Skis, the Verbier, Switzerland-based premium ski manufacturer, has set its sights on the U.S. market for its next growth phase. CEO Alex Hoye spoke with SGB about recent moves to take share here, including a new North America headquarters, increased production and shifting sales in-house. Here’s what on tap for the next step in Faction’s evolution.
Unifi Sees Polyester Market Show Some Stabilization
Unifi Inc. reported improved underlying profitability on a modest sales gain in the first quarter as stringent cost-control efforts and a more favorable raw material cost environment in the U.S. offset continuing pricing pressures in polyester.
Nike Fires Back At Skechers With New Patent Lawsuit
Nike Inc. this week sued Skechers USA Inc. for the second time in a month, claiming Skechers stole patented technology, which Nike had used in its Nike Air, for its Skech-Air Jumpin’ Dots and Mega shoes.
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