Gap Inc. announced that Lisa Donohue has been elected to its Board of Directors.
Author: SGB Media
Brooklyn Bicycle Names Chief Operating Officer
Brooklyn Bicycle Co. announced it has hired Brad Accettella as chief operating officer.
D1 Training Receives Strategic Investment From Princeton Equity Group
D1 Training announced that it has received a strategic investment from Princeton Equity Group, a franchise and multi-unit private equity firm, to accelerate its nationwide expansion.
Nike Extends Partnership With U.S. Soccer
The U.S. Soccer Federation and Nike have announced a long-term agreement to extend its partnership that began in 1995. The scope of the integrated partnership makes it the largest commercial agreement in U.S. Soccer history.
Brian Moore Appointed Senior Vice President, Global Product, Saucony
Saucony, a division of Wolverine Worldwide, Inc. announced it had appointed industry veteran Brian Moore to senior vice president, global product, effective immediately.
Smith Launches Imprint 3D Technology
Smith has launched its Imprint 3D Technology, debuting in a first-to-market custom-crafted 3D printed snow goggle to address the wide range of face shapes and features while eliminating the one-size-fits-all approach to gear. The custom experience provides users with increased “all-day comfort, eliminates light leakage due to improper fit, removes pressure points or hot spots, and […]
Nordica Launches Enforcer and Santa Ana Unlimited Ski Collections
Nordica launched two all-mountain touring ski collections in limited quantities, the Enforcer and Santa Ana Unlimited All-Mountain Touring Skis. “Resort and backcountry skiing has morphed the last few years, especially since the life-changing pandemic,” said Nordica North America’s Director of Marketing Sam Beck. “Active skiers are skinning up with friends in the backcountry and resorts […]
Stio Continues U.S. Expansion With Three Mountain Studio Stores
Stio announced it would open three new Mountain Studio retail stores.
LIV Golf Investments Hires Key Leadership Roles
LIV Golf Investments, led by golf legend Greg Norman, appointed Will Staeger as chief media officer. Also joining its leadership team are Slugger White, vice president, Rules & Competition Management and Jane MacNeille, vice president of communications.
Adidas Shaves 2021 Forecast On Sourcing Disruptions
Adidas slightly lowered its full-year sales and profit forecasts, citing sourcing disruptions and a tough market environment in China after third-quarter results missed analyst expectations. Currency-neutral sales in the third quarter increased 3 percent. On a currency-neutral basis, revenues in EMEA and North America both grew 9 percent, Latin America surged 55 percent and Asia-Pacific fell 8 percent.
Wolverine Trims Full-Year Earnings Outlook On Supply Chain Woes
Wolverine World Wide, Inc. reported strong sales and underlying earnings gains for the third quarter ended October 2, 2021, but slightly reduced its earnings guidance to reflect recent supply chain challenges.
Callaway Golf’s Q3 Revenues Surge 80 Percent
Callaway Golf Co. reported sales in the third quarter jumped 80 percent to $856 million, driven by a recovery in Topgolf’s sales and supported by continued demand for golf equipment and apparel. The company raised its sales and earnings guidance for the year.
Polartec Announces 2021 Apex Design Award Winners
Polartec announced the winners of its 2021 Polartec Apex Design Awards, the annual design award program “celebrating the finest products made from Polartec fabric technologies.” The winning products were selected from entries based on the “skill and creative uses of Polartec.” This year’s Polartec Apex Awards campaign centers on “the importance of versatility and functionality […]
Nautilus Q3 Revenues Decline On Reduced Direct Sales And Shipping Constraints
Nautilus Inc. reported sales declined 11.2 percent in the second quarter due to lower Direct sales and shipping constraints but grew 124 percent on a two-year basis, driven by triple-digit gains across both Retail and Direct segments compared to 2019 levels. The fitness equipment maker showed an operating loss in the latest period due to the impact of logistic costs and investments in its JRNY platform.
Fanatics Plans $500 Million Debt Offering
Licensed sports merchandise giant Fanatics Commerce Intermediate Holdco LLC plans to issue a $500 million senior secured term loan to fund investments at its parent entity, Fanatics Holdings Inc. S&P assigned a ‘BB-‘ credit rating to the debt issuance while Moody’s assigned a Ba3 CFR rating.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal