Private equity holding company Ames Watson announced a leading Class B funding round investment in Margaux, a women’s footwear brand. Margaux is the latest in a series of investments and acquisitions for Ames’ growing portfolio of properties which includes Lids, Fanatics Lids College and South Moon Under.
Author: SGB Media
IFit Withdraws IPO Following Postponement In October
According to a filing with the Securities and Exchange Commission on Wednesday, NordicTrack, owner of IFit Health & Fitness, Inc., scrapped its plans for an already-postponed initial public offering
Blaser Group Names Director of Shotgun Programs
Blaser Group has hired Joshua McBrayer as Director of Shotgun Programs for North America.
A Cleaner Vision For Footwear Manufacturing With Ortholite’s GM and VP, Ortholite Cirql
— Sponsored content — OrthoLite unveiled a new sustainable midsole innovation in March called Cirql, which is the first EVA plastic-free, recyclable, biodegradable, and industrially compostable foam with an end of life solution. General Manager and Vice President of Cirql, Matt Smith, outlines the new business unit and when the industry can expect to see the product in […]
Merrell Launches Takeback And Resale Program
Merrell is launching a multinational product takeback and resale program called Merrell ReTread. The program, which launches in April in the US and Canada in a partnership with ReCircled, allows consumers to give back Merrell footwear.
Yamaha U.S. Marine Appoints Marketing Manager
Yamaha U.S. Marine Business Unit announced the appointment of Susan Camp as division manager, marketing.
Olin Winchester Hosts Members of Congress To Support Shooting Sports
Olin Corporation announced that last week, Olin Winchester hosted legislators and outdoor industry representatives at a special event in Washington, D.C., to discuss the positive impact of the shooting sports and hunting and responsible firearm ownership. The event also featured an introduction to Shoot United, an initiative designed to engage individuals and families in shooting sports activities.
Aqua-Leisure Recreation Acquires INYO Pool Products; New Appointments Coincide
Aqua-Leisure Recreation, LLC announced the acquisition of Longwood, FL-based INYO Pool Products, LLC, a direct-to-consumer brand of swimming pool supply, repair and maintenance products. With this acquisition, new appointments were made.
Skechers Appoints Board Member
Skechers USA, Inc. announced that Yolanda Macias had been appointed to its Board of Directors. The appointment brings the total number of directors to eight, including five independent members.
NPD Report: Golf Equipment Sales Drop in Second Half Of 2021
Golf clubs and gloves sales declined in the period from July 2021 through February 2022, down 12 percent and 6 percent, respectively, year-over-year, according to Retail Tracking data from The NPD Group. Golf balls remained flat, and accessories (i.e., tees) and training aids were higher.
Brand Finance Ranking Report: Nike Retains Top Spot As Most Valuable Brand
As a result of increased consumer demand for sportswear due to the pandemic, brands in the sector achieved significant value growth over the last year, according to the just-released Brand Finance Apparel 50 Report. Nike retains the top spot as the most valuable brand in the ranking since the rankings were instituted. Skechers and Li Ning were also among those growing significantly in value.
Frasers Group Appoints Managing Director, Cycling
Frasers Group plc announced the appointment of Russell Merry as managing director for cycling. The group currently operates from over 70 Evans Cycles stores and retails a collection of cycling specialty products across its Group portfolio, which spans 22 countries and over 500 stores.
Pacsun Launches Resale Platform
Pacsun has launched “Pre-Loved Pac,” enabling customers to buy and sell pre-owned items for Pacsun credit and shop pre-owned directly through the Pacsun website.
Domain Outdoor Appoints Sales And Marketing Manager
Domain Outdoor announced the appointment of Riley Arnold as its new sales and marketing manager.
Flexia Raises $4 Million In Funding Round
Flexia, the at-home Pilates start-up, announced a $4 million seed round led by ADvantage, an early stage VC fund investing in tech companies involved in sports, fitness, health and gaming. Other strategic investors in the round include Phoenix Capital Ventures, Techstars, and Calm Ventures.
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