Wolverine World Wide, Inc. announced that Keds, LLC, its wholly-owned subsidiary, has sold the Champion trademarks for footwear in the United States and Canada to its longtime licensee, HanesBrands, Inc, for $90 million in cash.
Author: SGB Media

Stan’s Fit For Your Feet Acquires Waxberg’s Walk Shoppe
Milwaukee-based Stan’s Fit For Your Feet is expanding into Chicagoland with the purchase of Waxberg’s Walk Shoppe.

Outdoor Vitals Redefines Ultralight With New Releases
Outdoor Vitals, the Utah-based performance outdoor apparel and gear brand, has added the Tushar Rain Jacket and Altitude Sun Hoodie to its apparel, sleep systems and pack line. Available July 5, the Tushar Rain Jacket weighs 7 ounces, while the Altitude Sun Hoodie is 4 ounces. Featuring body-mapping membrane technology to increase breathability, the Jacket […]
Hunter Allen Launches Project Fuerza
Hunter Allen, considered a training pioneer by cyclists, launched Project Fuerza. The NFT collection uses biometric data graphs from races to create artwork that tells a visual-numeric story from that race. Cyclists can also incorporate personal images. Cyclists Peter Sagan, Mark Cavendish, Geraint Thomas, Jens Voigt, and other pros have worked with the company. A […]
Anta Sports Adds Board Member
Anta Sports Products Limited appointed Xia Lian, currently the general manager of Beijing Qingkongdaokou Investment Management Co., Ltd, as an independent non-executive director of the company.
L.L. Bean’s New Headquarters To Open Next Spring
L.L.Bean’s $110 million headquarters redevelopment will be completed two years ahead of schedule as the flexible work-from-home culture during the pandemic enabled construction to speed up, according to Mainebiz.com.
Recall: Rio-Branded Swinging Hammock Chairs
About 786,000 RIO-branded swinging hammock chairs from ShelterLogic are being recalled.
AlgiKnit Raises $13 million In Series A Funding
AlgiKnit, a sustainable kelp yarn producer based in North Carolina, has received $13 million in a Series A financing round led by Collaborative Fund with participation from H&M CO:LAB and SOSV.

NRF Says Economy Is Slowing But Recession Is Unlikely In Near Term
The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the remainder of 2022, National Retail Federation Chief Economist Jack Kleinhenz said.
Winnebago Announces Senior Leadership Moves
Winnebago Industries, Inc. announced that Amber Holm accepted the position of senior vice president, chief marketing officer. Sri Koneru was promoted to senior vice president, chief information officer and Chad Reece was promoted to vice president, government and industry relations.
American Sportfishing Association Elects Board Of Director Members For 2023
Four members of the American Sportfishing Association (ASA) were elected to fill two At-Large seats and two regional seats on the board of directors.
BioSteel Sports Nutrition Appoints President
BBioSteel Sports Nutrition Inc. announced the appointment of Bruce Jacobson as president.

Crocs x MCM Launch Limited-Edition Collab
Crocs collaborated with German luxury fashion house MCM on a limited edition collection featuring two footwear options. The first features a Visetos “belt bag” bracelet that is interchangeable and can also be worn as a fashion accessory. Along with the brand’s notable hardware, the shoe includes 24-carat gold plated Jibbitz charms. The second, features a […]
The Lycra Company Announces New Equity Ownership
The Lycra Company announced that a group of financial institutions, comprising Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Limited (“New Shareholders”), have gained complete equity control of the company.

Mitchell & Ness Partners With NHL
The NHL, Fanatics and Mitchell & Ness announced an agreement giving Mitchell & Ness official rights to create apparel and accessories for the NHL and its 32 teams.