Pure Barre, the largest barre concept in North America, has partnered with Palladin Consumer Retail Partners, a Boston-based private investment firm, to acquire 28 Pure Barre studios in New York’s tri-state region.
Author: SGB Media
MIPS Acquires GlideWear
MIPS has agreed to purchase GlideWear—both the brand and patent rights associated with the GlideWear technology—from Tamarack Habilitation Technologies Inc. for about $1 million, according to Bicycle Retailer and Industry News (BRAIN).
Retailers Back Bill Requiring Congressional Review Of Tariff Hikes
The National Retail Federation welcomed legislation introduced Tuesday that would strengthen congressional authority over tariff increases like those imposed by the Trump administration during the past year.
Hilleberg the Tentmaker … New For Spring 2020 Anaris Ridge Tent
“As with all our tents, we built the Anaris, shown above, not to be the absolute lightest of its kind, but rather the strongest and most reliable at the lightest weight. We have a standard of quality, strength, and comfort that we will not compromise on, and we have had ridge tents in our line […]
Puma Commits To 35 Percent Reduction In Carbon Emissions By 2030
Puma said it’s aiming for a 35 percent reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi).
Academy Sports Debt Ratings Upgraded Following Distressed Exchange
Standard & Poors Corp. raised Academy Sports’ debt ratings to ‘CCC+’ from ‘SD’ (selective default), as expected, a few days after lowering its rating following the retailer’s repurchase of a portion of its senior secured term loan facility due 2022. S&P said its continued negative outlook on Academy “reflects our expectation that weak performance will persist and meaningful operational improvement is unlikely in the next 12 months.”
NFHS Celebrates Centennial In Indianapolis During 100th Summer Meeting
The National Federation of State High School Associations (NFHS) will conduct its 100th Summer Meeting June 28 to July 2 in its hometown of Indianapolis, IN. It will be the first Summer Meeting in Indianapolis and the first in Indiana since the 1966 conference in French Lick.
Industry Leaders Elected To Running USA Board Of Directors
Running USA announced its newly elected Board of Directors, who will begin their service to the non-profit organization next month.
Decathlon And YBike Support Bay Area Youth
Decathlon announced its initiative in support of YBike — a YMCA of San Francisco program that transforms Bay Area youth into active outdoor enthusiasts, skilled cyclists, and more confident young adults.
Columbia Sportswear Testifies Against the Trump Administration’s Proposed Tariff Hike
Katie Tangman in her testimony said, “Reducing investment to pay millions of dollars in extra tariffs and to move production, will seriously hinder our ability to continue to grow and create more U.S. jobs. At a time of rapid retail change, we simply cannot afford to slow our investments due to these punitive tariffs.”
Third Annual National Triathlon Week Starts
USA Triathlon announced the start of the third annual National Triathlon Week, an initiative to celebrate multisport and all its constituency groups.
Under Armour To Sponsor TransRockies Run
Under Armour has signed on as the title sponsor of the TransRockies Run. A three or six-day stage race traversing the continental divide between Buena Vista and Beaver Creek, the route covers 120 miles through the Colorado Rockies.
Empirika Media Becomes SFIA’s Exclusive Digital Media Partner
The Sports & Fitness Industry Association (SFIA) announced a new strategic partnership with Empirika Media Group Inc. to enhance digital efforts and overall strategy for the industry.
Amy Beck Strides Into Top Role At Obōz/Kathmandu NA
Amy Beck, who is taking the reins of Obōz/Kathmandu North America from Obōz founder John Connelly in an ongoing succession plan, spoke with SGB Executive at last week’s Outdoor Retailer show about her new venture, including the impact Connelly has had in the past three months and how she expects to measure success for the brands she now leads.
NGF: On-Course Golf Participation Climbs for First Time in 14 Years
According to NGF’s (National Golf Foundation) 2019 Participation Report, participation in traditional green-grass golf courses increased slightly in 2018 to mark its first measured increase in 14 years. Growth in off-course participation continued to expand at a double-digit rate.
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