Indoor cycling brand Wattbike hired Ahmed Khodja as the director of direct-to-consumer, a new role for the company. He joins Wattbike with a “formidable track record in e-commerce strategy, following a decade working for Fanatics.
Author: SGB Media
Nike Accuses New Balance, Skechers of Patent Infringement
Nike filed federal lawsuits against New Balance and Skechers, charging several New Balance shoes and Skechers sneakers with misusing the brand’s patented Flyknit technology for running, soccer and basketball shoes.
DPS and Phantom Glide Partner with Members of All Mountain Group
DPS Skis and Phantom Glide will work with All Mountain Group reps Tyler Merritt and Erik Mushial starting with the fall 2023 sales season.
Free Fly Taps Former Quiksilver VP to Run Global Wholesale Effort
An industry veteran and advocate for surfing, Reilly brings his “knowledge, enthusiasm and connections within the surf industry to his new role.”
Smith Optics Gives Nice Lift to Parent Co. in Third Quarter
At constant-currency exchange rates, the company’s sales decreased 3.9 percent in Q3, improving from the 6.6 percent decline recorded in Q2, which was said to be mainly due to the return to growth of the Smiths Sports business in North America.
Sports Basement to Open Store in Long Beach
Sports Basement is opening a location in a former Sears store in Long Beach, CA. The opening will mark the Bay Area sporting goods chain’s second location in Southern California after opening in Fountain Valley in 2022.
ISPO Partners with Joor on Long-Term Deal
The giant sports tradeshow ISPO Munich and digital wholesale ecosystem JOOR have entered into a long-term partnership that aims to enhance and extend the digital selling opportunities available to ISPO brands.
General RV Center Appoints Sales Manager
General RV Center, the family-owned RV dealer based in Wixom, MI, promoted Nicole Akers from sales associate to sales manager.
IHRSA Bolsters Advocacy Team
IHRSA, which advocates for the Health and Fitness Industry, hired Charles Regnante as government affairs manager.
Zelig Secures Funding Led by Hilco
Zelig, based in Los Angeles, reported it secured $15 million in Series A funding to support the launch of its AI-powered virtual try-on and styling technology (VTO-S). Hilco Global led the funding round, joined by luxury investor Bezikian Zareh, which brings the company to a $100 million valuation.
Lightspeed Commerce Revenues Jump 25 Percent in Fiscal Q2
The POS and payments platform used in the bike shop segment, with expansion into other active lifestyle specialty retail segments, reported strong fiscal Q2 progress in its key fiscal 2024 objectives.
Grand Rapids’ Al & Bob’s Sports to Close
Al & Bob’s Sports, the hunt & fish shop in Grand Rapids, MI, is closing after more than five decades.
Ebay opens Canal Street Wear store in NYC
The company said the streetwear industry is estimated to be worth more than $180 billion and global searches for streetwear have increased by more than 150 percent since the beginning of the year on eBay.
Leatt’s Q3 Revenues Tumble 48 Percent on Sluggish Orders
Leatt Corp., the maker of protective equipment for adventure sports and team sports, reported sales tumbled 48 percent in the third quarter due to “constrained industry-wide ordering patterns.”
Primary Arms Promotes Banda to CFO
Primary Arms promoted Joyce Banda to CFO. As head of Primary Arms Optics, she reportedly played a pivotal role in “shaping the company’s success, leading the company to new heights of innovation and market prominence.”
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