Flagg Bicycle Group Acquires Terry Bicycles

The Flagg Bicycle Group announced that it acquired women’s cycling company Terry Bicycles. Liz Robert will remain president, CEO and shareholder in the company, now named Terry Precision Cycling, and will continue to lead its existing staff at its facility in Burlington, VT.

Sparc To Run U.S. Reebok Operations For Authentic Brands Group

Authentic Brands Group (ABG) signed a long-term strategic partnership with Sparc Group to become the core licensee and operating partner for Reebok in the U.S. Sparc, a joint venture between ABG and Simon Property Group, operates Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand and Nautica, among other brands.

Snipes To Acquire Jimmy Jazz

European lifestyle retailer Snipes is expanding its presence in the U.S. by acquiring U.S. sneaker chain Jimmy Jazz. The acquisition will approximately triple Snipes door count in the United States, as the retailer’s store network grows from just over 100 stores to almost 270.

Deckers X Lab Introduces Lace-Up Slipper Boot For Winter

Deckers X Lab announced it launched the X-Scape SPSK Mid—a hybrid street sneaker that meets the comfort of a slipper with the feel of an athletic shoe. The shoe is the newest edition to its X-Scape series The shoe’s design offers a Twinface shearling upper built into an Xponent HD midsole (a high rebounding, lightweight […]

OrthoLite Introduces Two Sustainable Insole Technologies

OrthoLite announced that its range of eco-footbeds has expanded with the release of the HybridPlus-Bio and HybridPlus-Recycled insoles.  Ortholite remarked that the products “elevate the total eco content of the insoles to 57 percent and 50 percent respectively.” The footbeds result from the brand’s Zero Waste initiative to create sustainable footwear solutions closing the loop on production […]

NRF: Nearly 180 Million Shop Over Thanksgiving Holiday Weekend

According to the annual survey released by the National Retail Federation and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. The number of shoppers compares with 186.4 million shoppers in 2020 but exceeded the NRF’s initial expectations by over 21 million and is in line with the average of the last four years.

Thor Industries Announces Promotions

Thor Industries Inc. announced the promotion of Todd Woelfer to SVP and chief operating officer and Trevor Gasper to vice president, general counsel and secretary.

JD Sports Board Member Steps Down

JD Sports Fashion Plc announced that, after more than six years on the Board, Heather Jackson has stepped down from her position as a non-executive director. Mahbobeh Sabetnia has joined the board.

CCM Hockey Appoints Board Member

CCM Hockey announced the appointment of Jennifer Botterill as a new Board Director. Botterill is a Canadian athlete and has remained in sports as a broadcaster for over ten years.