The University of Pittsburgh has extended its long-standing relationship with Nike to continue to provide Nike gear for each of the Panthers’ 19 varsity programs through 2026.
Author: SGB Media
NRF Economist Says Conditions ‘Moving in the Right Direction’ Despite Slower Growth
The U.S. economy did better in the first half of 2023 than early indicators suggested and appear to be “rolling forward” even as the rate of growth slows for the remainder of the year, National Retail Federation Chief Economist Jack Kleinhenz said.
Maven Expands Premium Line Of Binoculars With The B.7
Maven, a Wyoming-based optics manufacturer, added the B.7 to its premium B Series binocular series. Available in 8×25 and 10×25 models, the B.7 offers a dual-hinge construction that eliminates bulk, weighs 12.4 oz. and measures 2.90 inches x 4.75 inches when collapsed. “In the pursuit of convenience and innovation, we designed the ultra-compact B.7 around […]
Report: Birkenstock Exploring IPO
L Catterton, a private equity firm backed by LVMH, is considering strategic options for Birkenstock, including an initial public offering, which could value the German sandal maker at more than $6 billion.
Costa Celebrates 40 Years With King Tide Sunglasses
Costa Sunglasses celebrates its 40th anniversary by introducing its “most advanced frame to date,” the King Tide. The Costa King Tide comes in two sizes: King Tide 6, a medium wrap six-base performance frame in two styles, and King Tide 8, a full wrap eight-base version, for elite anglers. Technical features for both frames include removable […]
Big Rock Sports Promotes Two Senior Managers to Top Leadership Roles
Big Rock Sports has promoted Brian Phillips to president and Mark Charnot to COO.
Wolverine Worldwide Amends Credit Agreement
Wolverine World Wide, Inc. entered into a fourth amendment of its existing credit agreement to add near-term financial and operational flexibility.
Saucony To Release All-New Kinvara Pro
Saucony’s Kinvara Pro, featuring Speedroll Technology, launching August 1, uses three of the brand’s cushioning compounds: PWRRUN PB, placed closest to the foot and “delivering 90 percent energy return”, a foundation of PWRRUN for foot protection and durability when in contact with the ground and for comfort, PWRRUN+ sockliner. Sandwiched between the cushioning system is […]
Ignik Expands FireCan Line
Since 2019, Ignik has introduced outdoor heating solutions that produce less waste. The brand’s newest addition to its FireCan line is the FireCan Elite Portable Fire Pit. Joining its predecessors, the FireCan and the FireCan Deluxe, the fire pit overs “more power, a lighter-weight design, more control.” “With the ever-present threat of wildfires, we designed the […]
Crunch Franchisee Opening Another Charlotte Location This Summer
CR Fitness Holdings, LLC is opening Crunch Charlotte University, a $5 million, 36,000-square-foot fitness facility in the Town Center Plaza, less than a mile from the University of North Carolina at Charlotte.
National Cycling League Hires New CEO
The National Cycling League (NCL) hired experienced sports veteran Andrea Pagnanelli as chief executive officer.
American Rebel Holdings Closes Private Placement Offering
American Rebel Holdings, Inc., a designer, manufacturer and marketer of branded safes, personal security and self-defense products, closed on its private placement of common stock, or pre-funded warrants in lieu thereof, and warrants.
EssilorLuxottica Inks Eyewear License with Jimmy Choo
EssilorLuxottica, the parent company of Ray-Ban, Costa, Native Eyewear, and Oakley, among others, signed an exclusive licensing agreement with Jimmy Choo to design, manufacture and distribute the brand’s eyewear worldwide.
New Wave Group Acquires Tenson AB
New Wave Group AB reported it acquired 100 percent of the shares in the Swedish outdoor and lifestyle company Tenson AB. Tenson AB will reportedly be part of the Sports & Leisure operating segment with a primary focus on the retail sales channel.
Levi Strauss Trims Outlook for Year on U.S. Wholesale Weakness
Levi Strauss & Co. reduced guidance for its fiscal year while reporting earnings in its fiscal second quarter ended May 28 arrived slightly below Wall Street targets amid pressures at the U.S. wholesale channel. Wholesale revenues were down 22 percent in the quarter. Beyond Yoga was a bright spot, increasing revenues by 28 percent.
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