Lezyne said that after tripling business in the last few years, it is restructuring its global sales and marketing teams.
Author: SGB Media
Altis Closes $10.5 Million Seed Round
Altis, a start-up offering a personal fitness trainer supported by artificial intelligence, announced it has secured over $3 million in financing, bringing its total financing to date to $10.5 million, with additional investments from Mike Capps, former head of gaming titan Epic Games; Bill Flynn, former CEO of Amtrak; and U.S. Olympians JR Celski and Georganne Moline.
Wahoo Acquires RGT Cycling
Wahoo has acquired the virtual cycling platform RGT Cycling, now Wahoo RGT. Terms were not disclosed.
Orva Appoints EVP And Chief Merchandising Officer
Orva, the New York-based digital retail company, announced the appointment of Jeff Espersen in the newly created role of executive vice president and chief merchandising officer. He was general manager and chief merchant at Zappos.
Brooks Takes Top Spot In Performance Running Market
Brooks Running said that in the first quarter, it took the top spot in the U.S. national performance footwear market for the first time, with 22 percent dollar share across all U.S. channels—athletic specialty and sporting goods, mid-tier, premium, and shoe chain.
Callaway Golf Sets Long-Term Financial Targets
Callaway Golf Company expects annual growth projections from fiscal 2021 through 2025 of 10 to 12 percent, led by more than 18 percent growth at Topgolf growth in the high-single digits in its non-Topgolf businesses. The company provided its growth plan as part of its Investor Day.
Brunt Workwear Appoints President
Boston-based Brunt Workwear announced the appointment of Kevin Eskridge, most recently chief product officer at Under Armour, as the company’s president. In this role, Eskridge will oversee the company’s product development, merchandising, sourcing, and global retail expansion.
Hybrid Apparel Announces Two Executive Hires
Hybrid Apparel has appointed Faith Garcia-Ross as chief operating officer and Ed Massura as chief supply chain officer.
OluKai Opens Store In Wailea
OluKai opened a store at The Shops at Wailea in Hawaii.
Sellmark Appoints President
Sellmark Corp, the maker of optics and other hunting accessories, named Darrell Mitchell president.
Academy Sports Opens Store In Conyers, GA
Academy Sports + Outdoors announced the opening of its Conyers, GA store. Academy now has 11 locations across metro Atlanta and 19 throughout Georgia.
Asics Metaspeed Takes Personalization To Next Level
Asics has updated its Metaspeed series taking the product’s personalization to the next level. Building on the success of its first Metaspeed shoe, which the company introduced last year, Asics collected data from its ambassador athletes to refine its design to cater to two major running styles. Those shoes are called the Metaspeed Edge+ and […]
Report: JCPenney Owners Offer $8.6 Billion For Kohl’s
Simon Property Group and Brookfield Asset Management are offering to acquire Kohl’s Corp. in a deal that would be worth more than $8.6 billion, according to a report in the New York Post.
Dr Martens Appoints Global Creative Director
Dr. Martens promoted Darren McKoy to global product category director.
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