Arc’teryx Opens Store In Hong Kong

Arc’teryx continues to expand in Hong Kong with the recent opening of a new brand store. Already the brand’s third in Hong Kong, the store is located at the K11 shopping center, in the core area of Tsim Sha Tsui.

USA Gymnastics Appoints President

USA Gymnastics announced that Li Li Leung has been appointed president and chief executive officer . Leung most recently served as a VP at the National Basketball Association (NBA), where she has been responsible for managing key partner relationships.

Pepsi Acquires Muscle Milk

Hormel Foods Corp. said it has entered into a definitive agreement to sell its CytoSport business, which includes Muscle Milk, to PepsiCo, Inc., the parent of Gatorade.

Wolverine’s Q4 Boosted By Momentum At Merrell And Sperry

Wolverine World Wide reported earnings on an adjusted basis grew 27 percent in the fourth quarter, helped by improving margins and a sharp reduction in operating expenses. Revenues inched up 0.2 percent and benefited from accelerated revenue growth from Merrell and Sperry.

Garmin Q4 Earnings Top Wall Street’s Targets

Garmin Ltd. reported fourth-quarter earnings that came in well above Wall Street’s targets with a boost from higher demand for its outdoor and aviation gadgets. Revenues improved 4 percent, led by a 25 percent gain in its outdoor segment and 22 percent in aviation.

USA Swimming, Phillips 66 Extend Partnership

USA Swimming, the national governing body for the sport of swimming in the U.S., and Phillips 66, an energy manufacturing and logistics company, on Tuesday announced a multi-year partnership renewal.

FlexIt Announces Availability In South Florida

FlexIt—the mobile-app that allows users to only pay for the gym time they use—on Tuesday announced the introduction of its app across nine cities in South Florida: Miami, Davie, Pembroke Pines, Ft. Lauderdale, Dania Beach, Coconut Grove, Hollywood, Hialeah and Kendall.