Garmin Ltd. announced that one of its affiliates has signed a definitive agreement to acquire all of the outstanding shares of Tacx Onroerend en Roerend Goed B.V (Tacx), a privately-held Dutch company that designs and manufacturers indoor bike trainers, tools and accessories, as well as indoor training software and applications.
Author: SGB Media
Skechers India To Become Wholly-Owned Subsidiary
Skechers U.S.A. Inc. announced that the company has purchased the minority share of its joint venture in India, transitioning the business to a new wholly-owned subsidiary of Skechers U.S.A. Inc.
Fila Extends Partnership With John Isner
Fila announced it has extended its partnership with the top ranked American male, World No. 9 John Isner.
Noto Group Welcomes Sara Spirko to Team
Noto Group Inc., a search firm serving consumer brands, announced the hiring of Sara Spirko as senior executive recruiter. Spirko brings 15 years of talent acquisition, brand portfolio management and operations experience from Godiva, Mars Inc. and Gibson Guitar Corp.
BSN Sports Acquires Johnny Mac’s
BSN Sports has acquired the team sports business of Johnny Mac’s Sporting Goods, based in St. Louis. All nine of Johnny Mac’s stores are expected to close.
Levelwear Partners with Alliance Of American Football
Levelwear, the Canadian athletic apparel brand, has partnered with Alliance of American Football, the newly formed professional football league.
Under Armour Q4 Beats Wall Street’s Expectations
Under Armour Inc. reported better-than-expected fourth-quarter earnings and revenue, boosted by apparel sales and growth overseas. North America revenue decreased 6 percent but losses in the region were significantly reduced. The company maintained its outlook for 2019.
Wolverine Sets New Stock Buyback Program, Raises Dividend
Wolverine World Wide announced a number of actions that reflect its continuing commitment to enhance shareholder value. These include a new share repurchase program, a substantial increase in the company’s quarterly dividend, and further details on the recent amendment to its credit agreement and improved capital structure.
Retail Roundup … 7 Reports For February 2019
Retail studies arrived over the last two weeks around the state of influencer marketing, the link between inventory efficiencies and markdowns, turning one-and-dones into recurring customers, brands’ opportunities to “mend A divided nation,” and more…
Oppenheimer Sees Nike’s Shares Cracking $100
Oppenheimer in a note raised its price target on Nike to $100 from $90 due to greater confidence in the company’s ability to continue to improve margins.
LifeSaver Announces Exclusive Research Partnership With National Graphene Institute
LifeSaver, a UK-based manufacturer of portable and reusable water filtration systems, is thrilled to announce an exclusive contract with the National Graphene Institute (NGI) at The University of Manchester.
Garneau Appoints New Sales Director
Louis Garneau USA has announced the appointment of Jerry Newray as sales director for its U.S. operations, effective February 11.
Paddlesports Retailer Opens Registration For 2019 Show
Paddlesports Retailer, the official national trade show of the paddlesports industry, has opened registration for the 2019 show, welcoming exhibitors, retailers, working media, independent reps and nonprofits. The show will take place from August 26 through August 29, 2019, at Oklahoma City’s Riversport Rapids and Cox Convention Center.
CRKT Appoints Industry Veteran Jeff Lunz As New CFO
Columbia River Knife and Tool has appointed Jeff Lunz as the company’s new CFO. A seasoned professional, Lunz worked with Gerber Legendary Blades for the past 14 years in accounting, planning, inventory and various director roles before ascending to VP of finance.
FlexIt Announces Partnership With NormaTec
FlexIt, the pay as you go gym app that enables users to work out where and when they want, on Monday announced a partnership with NormaTec, a company that specializes in compression recovery technology for athletes, to promote education and access to post-workout recovery.
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