Vista Outdoor Inc. announced the acquisition of Stone Glacier, a maker of lightweight, performance hunting gear designed for backcountry use.
Author: SGB Media
Pickelball Central Receives Majority Investment
Pickleball Central announced a majority investment from Dallas, TX-based investment firm Dundon Capital Partners LLC.
NFL, Fanatics Face Antitrust Suit Over Amazon Merchandise Sales
The National Football League (NFL) its teams and licensing partner, Fanatics, Inc. were hit with federal antitrust claims in San Francisco, CA by a merchandising business and a consumer claiming they conspired to “strangle the competition” and monopolize NFL product sales through Amazon’s third-party marketplace.
Climashield Sold To PE Firm
Crown Capital Investments (CCI), an Atlanta-based private equity investment firm, has acquired Climashield to its manufacturing portfolio of companies.
Anytime Fitness Debuts “Real AF” Platform
Anytime Fitness launched its “Real AF” marketing platform to support personalized fitness and nutrition coaching and interaction between the company’s coaches and members both in person or via its mobile app.
TapouT Co-Founder Joins Lions Not Sheep Apparel
Lions Not Sheep apparel company has hired former TapouT Co-founder Dan Caldwell as president and chief operating officer, effective January 3, 2022.
NBA Approves More Advertising Patches On Apparel
NBA’s board of governors has approved more advertising on team gear, according to a report from ESPN. The updates include allowing a 3 inch-by-3 inch patch on teams’ shooting shirts and warm-up jackets.
Selfridges Sold To Thai-Austrian Alliance
British luxury department store chain Selfridges is being sold to a Thai retailer and an Austrian property firm. The deal for the majority of Selfridges Group is worth around £4bn ($5.4bn).
Meta Director Of Sport Joins Professional Triathletes Organisation’s Board Of Directors
The Professional Triathletes Organisation announced that it has appointed Peter Hutton, director of sports partnerships at Meta, to its Board of Directors.
Mastercard: U.S. Holiday Sales Grew 8.5 percent
According to Mastercard SpendingPulse, holiday retail sales, excluding automotive, increased 8.5 percent year-over-year this holiday season, running from November 1 through December 24. Notably, online sales grew 11.0 percent compared to the same period last year, its preliminary insights show.
PXG Opens Detroit Studio
PXG recently opened its first brick-and-mortar location in Michigan. PXG Detroit, located in Troy, represents the golf club’s 12th U.S. retail and fitting studio.
Escalade Appoints CEO And President
The Board of Directors of Escalade Inc. announced the appointment of Walter P. Glazer, Jr. as CEO and president effective January 1, 2022. Glazer has been serving as interim CEO and president.
Li & Fung Sells Logistics Arm To Maersk For $3.6 Billion
Li & Fung Limited entered into a transaction for shipping giant Maersk to acquire its logistics business, LF Logistics Holdings Limited (LF Logistics) and its various entities, valuing the business at $3.6 billion on an enterprise value basis.
Crocs Faces Potential Debt Downgrade
Moody’s Investors Service and S&P Global Ratings placed Crocs, Inc.’s debt ratings on review for downgrade to reflect the impact of its planned acquisition of Heydude.
Saris Appoints Product Manager
Saris, a maker of bike racks and bike trainers based in Madison, WI, announced the promotion of Kellen Pagel to product manager.
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