The Foot Locker Foundation, the charitable arm of Foot Locker Inc., on Thursday announced the launch of its 2019-2020 Foot Locker Scholar Athletes Program, which will award $20,000 college scholarships to outstanding student athletes.
Author: SGB Media
LeagueApps Pledges Portion Of Revenues To Impact 500,000 Kids By End Of 2022
LeagueApps, the operating system for the youth sports industry, has pledged 1 percent of all company revenues to benefit underserved youth nationwide via the company’s FundPlay initiative.
Skechers Scores Another Legal Win Against Nike In Converse Lawsuit
Skechers USA Inc. on Thursday announced that it has won yet another major victory over Nike Inc. in a case relating to Nike’s wholly owned subsidiary Converse Inc.
Social CBD Partners With Portland Thorns FC
Social CBD, the wellness company providing CBD solutions, announced a partnership with the National Women’s Soccer League’s Portland Thorns FC. The partnership is the first between a CBD brand and NWSL club.
Anta Sees Mid-Teens Growth In Q3 For Anta Brand
Anta Sports Products Limited reported retail sales (in terms of retail value) of Anta branded products for the third quarter of 2019 increased by mid-teens when compared to the same period of 2018.
Nexgen Outfitters Steps Out Of Cabela’s Shadow
Six former Cabela’s employees are running the startup outdoor gear seller Nexgen Outfitters Inc. in Sidney, NE, where Cabela’s had been headquartered before being acquired by Bass Pro Shops. With the recent expiration of a noncompete injunction, the online provider is feeling a surge of momentum. SGB checks in on Nexgen’s journey.
Gap Inc. Opens First Hill City Location
Gap Inc. has opened its first location for Hill City, its men’s activewear brand. The 12-month pop-up, located at 522 Octavia Street.
Daxko Acquires TennisSource
Daxko announced Wednesday that it acquired TennisSource, a provider of tennis facility management software solutions. Financial terms of the deal were not disclosed.
Asics Takes Stake In Pyrates Smart Fabrics
Asics Corp. announced that Asics Ventures Corporation, its investment subsidiary, has taken an equity stake in Pyrates Smart Fabrics, a Spanish startup that develops and supplies advanced and responsible fabrics.
Play It Again Sports Parent Sees Quarterly Profits Climb 9 Percent
Winmark Corporation, the franchised owner of Play It Again Sports, reported net income in the third quarter ended September 28 rose 9.0 percent.
Kind Acquires Better-For-You Snacking Company Creative Snacks
Kind Healthy Snacks (Kind) announced the acquisition of Creative Snacks Co., a family-owned better-for-you snack manufacturer based in North Carolina. The deal represents Kind’s first acquisition.
LVMH Invests In Streetwear Label Madhappy
Madhappy, the Los Angeles-based streetwear label, announced a $1.5 million seed round of funding. The investment was led by LVMH’s Luxury Ventures accelerator program.
Wolverine World Wide Names First Chief Merchant Officer
Wolverine World Wide Inc. on Wednesday announced the addition of veteran merchandising and branding expert Angelo Ng as the company’s first-ever chief merchant officer.
September Retail Sales Grew 4.5 Percent Over Last Year
Retail sales in September were down 0.1 percent seasonally adjusted from August but up 4.5 percent unadjusted year-over-year, the National Retail Federation said Wednesday.
Burton Snowboards Announces B Corp Certification
Snowboard maker Burton on Wednesday announced that it’s becoming a Certified B Corporation. Burton becomes the first snowboard company to receive this certification.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal