Nation’s Best Sports, the nation’s oldest and largest sporting goods buying group, will be joining the Snowsports Merchandising Corporation and Sports Specialists Ltd. buying groups for the 2024 Winter Sports Market.
Author: SGB Media
NexTex Innovations Collaborates With Squatwolf On Gym Wear Collection
NexTex Innovations, an Atlanta, GA-based textile technology developer announced that global gym wear brand, Squatwolf had joined its roster of TDry Technology brand partners. Squatwolf was established in Dubai, UAE, in 2016, designing athletic apparel that offers style and functionality to meet athletes’ needs, which, according to Wajdan Gul, the company’s CEO and co-founder, was […]
Pou Sheng Reports 53 Percent China Retail Sales Growth In April
Pou Sheng International (Holdings) Limited, the China retail subsidiary of Yue Yuen Industrial (Holdings) Limited, reported net consolidated operating revenue of the company for April increased 53.4 percent to RMB 1.85 billion.
Mountain Khakis Hires eCommerce Director
Mountain Khakis hired Jinnie Austin as eCommerce Director, with ten-plus years of experience in marketing and digital leadership roles.
Golftec Opens Location In Jersey City
Golftec reported it opened an instruction and club fitting center in Jersey City, NJ.
HLC Names Brand Manager, Yuba Bicycles
HLC announced that Justin Gottlieb was named brand manager of Yuba Bicycles. He was recently the director of sales and marketing for Yuba Bicycles, LLC.
Kizik To Open First Store
Kizik announced it is opening its first brick-and-mortar store near Salt Lake City, UT on May 19. The 1,293-square-foot space is located at Fashion Place Mall.
Grassroots Outdoor Alliance Adds Director Of Events
Grassroots Outdoor Alliance named Chelsea Flynn as director of events.
Peloton Recalls Over Two Million Bikes Due To Fall Hazard
Peloton is recalling two million exercise bikes over safety concerns, the second major recall the fitness company has faced. Shares of Peloton on Thursday fell 67 cents, or 8.9 percent, to $6.86.
Adidas To Sell Off Yeezy Inventory, Donate Some Proceeds To Charity
Adidas is planning to sell off the unsold Yeezy inventory and donate some of the proceeds to charity, according to early reporting out of the company’s annual meeting by the Financial Times.
Solo Brands Acquires TerraFlame
Solo Brands, Inc., the parent of Solo Stove, Chubbies, Oru Kayak, and ISLE, announced it has acquired TerraFlame, the maker of indoor fireplace and fire accessories company based in Laguna Niguel, CA.
Canadian Tire Sees Strong Helly Hansen Q1, SportChek Gain Partially Offset CTR Decline
Canadian Tire Corporation, the parent of retailer SportChek and the Helly Hansen brand, reported first-quarter Retail revenue was CN$3.34 billion, a decrease of 4.8 percent compared to the prior-year period. Diluted EPS was CN$0.13 in the quarter compared to CN$3.03 in the prior-year period.
Fanatics Hires CFO For Commerce Business
Fanatics named Krishna Rao as chief financial officer of Fanatics Commerce, its retail operation. In his role, Krishna will oversee all finance functions and strategic planning of its Commerce business, reporting to Fanatics Commerce CEO and Fanatics Vice Chairman, Doug Mack.
Werewool Secures $3.7M In Seed Funding
Werewool, a New York-based provider of sustainable performance fibers, raised $3.7 million in a funding round led by Material Impact and Sofinnova Partners.
Leatt Corporation Sees Q1 Sales Fall 41 Percent Against Huge Year-Ago Growth
Leatt Corporation, a developer and marketer of protective equipment and ancillary products for many forms of sports, especially extreme high-velocity sports, saw total revenues for the first quarter decline 46 percent to $13.1 million.
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