Teamworks And INFLCR Join Forces

Teamworks, a leading athlete engagement platform for collegiate and professional organizations, announced an investment in INFLCR, the premium social media content delivery platform in sports.

Motionwear Outfits Russia’s National Gymnastics Team

For the first time ever, Motionwear gymnastics leotards will be worn by a national gymnastics team at a competitive event. Both the Russian women’s and men’s teams will debut their new competition leotards by Motionwear at the World Championships in Stuttgart, Germany.

FlexIt Announces Partnership With Theragun

FlexIt, the pay as you go gym app, announced its partnership with Theragun, a leader in percussive therapy and recovery technology. Through this partnership, FlexIt users can now access FexIt Wellness Rooms Powered by Theragun at select fitness facilities and co-working spaces in the U.S. through the FlexIt pay-by-the-minute app.

Umbro Extends South America License

Iconix Brand Group, Inc. announced a ten-year extension of Umbro’s licensing agreement with long-time partner Grupo Dass. The renewal gives Grupo Dass the continued license to design, manufacture and distribute Umbro performance and lifestyle apparel, footwear and equipment in Brazil, Argentina and Paraguay through 2035.

Sequential Brands Group Explores Strategic Options

Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, announced that Karen Murray, its CEO, has stepped down. The company has engaged Stifel to review strategic alternatives, including the sale of certain brands.

Topsports Raises $1 Billion In IPO

Topsports, the Chinese sportswear retailer, raised roughly $1 billion and achieved a market cap of $6.74 billion after pricing its shares at HK$8.50 (about $1.08) apiece in a Hong Kong IPO, according to Reuters.

Athleta Launches BOPIS

Gap Inc. brands Athleta and Banana Republic launched an in-store pick up service. Buy Online, Pick Up In Store, or “BOPIS,” is now available at all U.S. stores for both brands.