Fanatics has agreed to acquire the U.S. operations of PointsBet, marking a big leap into U.S. sports gambling for Fanatics. The deal is worth about $150 million in cash.
Author: SGB Media
Giant Group Drops Planned Investment In Stages Cycling
Giant Group, based in Taiwan, has pulled out of its planned $20 million investment in Portland, OR-based Stages Cycling due to an inability to “reach mutual consensus on the terms and conditions of definitive agreements.”
Puma Redefines Maximalism With Fastroid Nitro
Inspired by Puma’s lightweight, responsive foam technology, Puma’s Fastroid Nitro is a statement sneaker pushing performance aesthetics to new limits. Fueled by Nitro and “informed by the concept of Overtech,” the Fastroid Nitro “redefines maximalism.” Building on design cues from Puma’s running style FAST’R, the Fastroid’s decoupled platform sole unit boasts extreme proportions and Nitro […]
Puma Appoints New Managing Director For Puma India
Puma has appointed Karthik Balagopalan as the new managing director of Puma India, one of the company’s fastest-growing markets. Balagopalan most recently was Puma’s global director of retail and e-commerce. He replaces Abhishek Ganguly.
Nike Revives The Converse Weapon
The Converse Weapon was re-released by Nike in its original 1986 design through a new collaboration with fragment’s Hiroshi Fujiwara. A reimagined take on Converse Weapon reappeared in 2021 through the Converse CX line. The silhouette was also the subject of a Turbodrk collab with Rick Owens. The Converse x FRGMT Weapon and apparel capsule […]
Adidas Originals And Bape Continue Anniversary Celebration With A Collaborative
2023 marks the arrival of both Bape’s 30th anniversary and the 20th anniversary of the partnership between the Japanese brand and Adidas Originals. Continuing their year-long celebration, they joined forces again to reimagine the Adidas iconic Forum 84 low silhouette. The sneaker drop comes in signature camo leather construction with co-branded details, including gold tongue […]
Von Maur’s Dry Goods Retail Brand To Open 11 Stores In 2023
Von Maur’s Dry Goods plans to open 11 additional locations in 2023, including the retailer’s first stores in Alabama, Arkansas and New York. The plan will expand the retailer’s footprint to 81 locations.
Revo Opens Flagship In Barcelona
Revo opened its first flagship store in Barcelona, Spain, located on Baixada de la Llibreteria, in the Gothic Quarter, one of the city’s highly trafficked districts.
Nike Opens First Nike Live Store In Portland, OR Metro Area
Nike opened its first Nike Live concept in the Portland, OR, metro area, marking its 50th Nike Live location.
Hayes Names New Distribution Partner For Italian Market
Hayes Bicycle Group, the distributor of several bike brands, reported a new partnership with AMG in the Italian territory, expanding the reach of the company’s performance cycling componentry to AMG’s dealer network.
OHM Fitness To Open 70 Texas Locations
OHM Fitness reported it would open 70 EMS fitness studios in the Texas Triangle through its newest franchise partner over the next few years, including 25 in Dallas Fort Worth, 20 in Austin and San Antonio and 25 in Houston, through its newest franchise partner over the next few years.
Gregory Brand Posts 35 Percent Q1 Sales Growth As Parent Company Sees Surge In Travel
Samsonite International S.A., parent company of the Gregory, High Sierra and Tumi reported that net sales increased by $278.5 million, or 48.5 percent (+55.3 percent constant-currency), during the three months ended March 31.
Hurley Parent Bluestar Alliance Names President For Scotch & Soda Brand
Bluestar Alliance, the New York-based owner of Hurley, Bebe and Tahari, hired Anthony Lucia as global president of the Scotch & Soda USA and Global Business Operations.
Allbirds’s Co-Founder Tim Brown Transitions To Non-Executive Role
Allbirds said in a regulatory filing that Tim Brown had transitioned from co-chief executive officer to co-founder and chief innovation officer, a non-executive role. The change in Brown’s position was effective May 4. The eco-footwear manufacturer also announced in a separate filing that it terminated 21 corporate jobs.
Chums Launches Bag Collection As Part Of 40 Year Celebration
Chums, the maker of eyewear retainers and protective accessories for dry-land and water-based activities, revamped its bag and waist pack collections with new models and updated styles. The latest in the brand’s bag collection includes a “cavernous” new addition to its Storm Series line of rolltop dry bags and redesigned models of its Waist Pack Collection “showcasing that […]
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