Escalade CEO Announces Intent To Retire

Escalade Inc. announced that David L. Fetherman has informed the Escalade Board of Directors of his intent to retire from his position as the company’s president and CEO. Pending the hiring of his replacement, Fetherman has agreed to continue to serve as president and CEO through this transition period.

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.