The Sports & Fitness Industry Association (SFIA) announced a new addition to the organization, Rick Salomone, who will be responsible for leading and expanding the SFIA sponsorship program. Salomone previously served as the CEO of Surys, a company rooted in holographic science, aiming to provide authentication solutions and reduce counterfeiting of products.
Author: SGB Media
Velocity Outdoor Appoints VP Of Marketing Communications
Velocity Outdoor announced that Mike Weinkauf of Ravin Crossbows is now vice president of marketing communications for Velocity Outdoor.
Sears Gets Another Reprieve From Liquidation
Sears has accepted Eddie Lampert’s bid to acquire the company to stave off a liquidation although the bid now requires Sears chairman to deposit $120 million by 4 p.m. Wednesday through his ESL Investments hedge fund.
New Balance Plans Facility In Methuen, MA
New Balance Athletics plans to open to open an advanced manufacturing facility in Methuen, MA.
Croakies Announces New Lifetime Warranty Policy
Croakies, the original manufacturer of industry-leading outdoor retention products, announced, effective immediately, the introduction of a new Manufacturer’s Lifetime Warranty policy across the breadth of its product categories.
Huntsman And The Chemours Company Expand Long-Standing Alliance
Huntsman Textile Effects and The Chemours Company FC, LLC have agreed to expand their long-term alliance in the area of durable water repellence (DWR).
USA Cycling Hires Former New Balance CEO Rob DeMartini
The USA Cycling Board of Directors has named Rob DeMartini as president and chief executive officer of USA Cycling. DeMartini joins the organization from New Balance Athletics, Inc. where he spent the last 12 years as president and CEO.
Lacrosse Unlimited Appoints EVP Of Institutional Sales
Lacrosse Unlimited announced that Sean Haggerty has been brought on as executive vice president of institutional sales. Haggerty comes to Lacrosse Unlimited from BEA Partners where he led external strategic sales and marketing initiatives.
CCM Hockey Renews Partnership With Connor McDavid
CCM Hockey announced a four-year partnership extension with NHL All-Star Connor McDavid. The top young star in the NHL, McDavid will rely exclusively on CCM equipment to support his on-ice performance through 2023.
Tariffs Hit Helen Of Troy’s Outlook But Company Still Bullish On China
Declining e-commerce business in China prompted Hydro Flask parent company Helen of Troy Ltd. to reduce its full-year sales outlook. The softness, a result of the ongoing trade war with China, might have dampened an otherwise strong third quarter performance, but it didn’t diminish the company’s long-term view of China as a key marketplace.
Adidas Extends Stock Buyback Program
Adidas announced the start of the second tranche of its current multi-year share buyback program announced in March 2018. The company intends to repurchase own shares worth around €800 million in 2019.
Suunto Launches Partner Program To Expand Its Digital Ecosystem
Suunto, a global leader in sports watches, dive computers and precision instruments, has announced the new Suunto Partner Program, inviting interested companies to join Suunto’s growing digital ecosystem. By opening the Suunto Cloud API, companies can join existing partners, like Strava and TrainingPeaks, to connect, engage and support Suunto’s network of engaged sports enthusiasts through the Suunto App.
Vibram Names Burten Distribution As Official U.S. Distributor Of All Furoshiki Product
Vibram, maker of high-performance soles and creator of the Vibram FiveFingers articulated toe shoe, is has announced Burten Distribution as the exclusive distributor for Vibram’s Furoshiki line of footwear in the U.S.
Retail Imports Level Off After Rush To Beat Tariffs
Imports at the nation’s major retail container ports have slowed down after a months-long rush to beat increased tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
ClearSports Appoints Ed Brown Chairman
ClearSports, the producer of the ClearSports golf ball, announced the appointment of Ed Brown, former president and CEO of Patron Spirits International, as chairman to its board of directors.
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