Sapphire Sport Venture Fund Raises $181 Million

Sapphire Sport, a venture fund, raised $181 million from a group of investors, including Adidas, Sinclair Broadcast Group, Madison Square Garden Sports, Arctos Sports Partners, City Football Group, and AEG Worldwide.

Kahtoola MicroSpikes Double Down In Support Of 1% For the Planet

Kahtoola launched a Forest Green version of its MICROspikes footwear traction designed for hiking in snow, ice and muddy conditions. Twelve stainless steel spikes per foot bite into ice and snow, providing the wearer with a stable walking platform. An ergonomically shaped harness features a raised heel tab to pull over shoes and boots while […]

Saucony Celebrates Anniversary, Launches Endorphin Elite

To celebrate Saucony’s 125th anniversary, the company launched the Endorphin Elite, its lightest, fastest and energy-efficient shoe. Combining PWRRUN HG, Saucony’s highest rebound foam, with an articulated, fork-shaped carbon plate, the Endorphin Elite’s upper combines knitted and mesh materials for weightless performance while a midfoot webbing system secures “race-ready” fit. “Innovation, evolution and an unwavering […]

Pacsun Announces Leadership Transition

Pacsun reported a leadership transition in which Brie Olson, Pacsun president and Board member, will be appointed co-chief executive officer with Co-CEO Mike Relich, effective March 9, 2023. Alfred Chang will step down after 17 years with the company to join Fear of God, a Pacsun brand partner, as CEO.