Aktivate, a sports technology platform for K-12 schools, announced its public launch and the closing of a $7 million seed financing round that will fund its development.
Author: SGB Media
Press Sports Closes $1.5M Funding Round
Press Sports, a sports social media app, announced the closing of its $1.5 million seed round of funding as it seeks to capitalize on the recent NCAA NIL rule change.

Yue Yuen’s Sales Tumble In August
Yue Yuen’s consolidated operating revenue in August reached $481.2 million against $626.0 million a year ago, representing a decline of 23.1 percent year-over-year. The decline reflects the pandemic-driven factory shutdowns in Vietnam.
On Holding Ups IPO Price To $22
On Holding, the Swiss running shoe brand, raised the projected price range for its initial public offering from $18 to $20 to $20 to $22, according to an updated filing with the Securities and Exchange Commission.

Arc’teryx Announces Opening Of Store In Montreal
Arc’teryx Equipment announced its continuing retail expansion in Canada with a new Montreal location. The curated-store concept is called Arc’type, centered around the brand’s better-known designs.

Hibbett Opens First Orange County Location
Hibbett Sports announced the opening of its first Orange County, CA store in Fullerton.

Enduro Bearings Appoints Marketing Director
Enduro Bearings, the manufacturer of bearings, seals, components, and tools for the cycling industry, appointed industry veteran Rick Sutton as marketing director to build and drive DTC brand awareness.

TerraTrike Releases E-Assist Trike With Bosch Cruise Motor
For Fall 2021 TerraTrike introduces its e-assist trike, the E.V.O. The equipment takes advantage of a fourth-generation Bosch Performance Line Cruise motor, which produces nearly 50 percent more torque than previous e-trike models. A full-color Kiox display, paired with a Bosch PowerPack 400Wh battery, rounds out the e-assist package, which is mated to a 10-speed […]
Indyeva Showcases FW2021 Apparel Collection
Indyeva, a sustainable manufacturer of women’s clothing, released its apparel collection for FW21. The collection includes outdoor styles ranging from sweaters to baselayers and down-insulated parkas. Indyeva’s mission is to use 100 percent recycled synthetic fibers and natural or organic fibers by 2025 in all its clothing. Indyeva is ahead of its goal with “42 […]

Revo Introduces Revo Black Its Next Gen Revo Technology
Revo announced the launch of Revo Black, a sunglass collection that showcases the company’s latest in frame and lens technologies. Revo Black presents three design concepts, in two styles each, including one concept designed in collaboration with alpine ski racer and Olympian Bode Miller. The “lighter-than-air frames” and a photochromic lens option shift from light […]

Rumpl X OluKai Release Hawaiian Inspired Collection For Fall 2021
Rumpl, in collaboration with OluKai, released a limited-edition collection of blankets, shammy towels, slippers, and slides. As Certified B Corps, the brand’s shared sustainable, purpose-built products align with the collection inspired by Hawai’s natural beauty. The collection includes Rumpl’s Original Puffy Blanket in Mauna Loa, Sherpa Puffy Blanket in Blue Spruce and Koi, and The Everywhere […]

Dick’s Sporting Goods Expands Holiday Hires
Dick’s Sporting Goods is hiring approximately 10,000-holiday employees this year, 1,000 more than it did in 2020. The hires represent the largest number of seasonal workers in the company’s history.

Academy Sports’ Largest Shareholder KKR To Sell Off Its 20 Percent Stake
Academy Sports + Outdoors, Inc. reported that affiliates of Kohlberg Kravis Roberts & Co. L.P. are selling off its entire 18.65 million-share stake to the public. KKR acquired Academy Sports in a leveraged buyout in 2011.

Bellarmine University Partners With Nike And BSN Sports
Bellarmine University announced that it has established a new athletic partnership with Nike and BSN Sports.

IHRSA’s 40th Annual International Convention & Trade Show Goes Hybrid
In light of continued challenging travel restrictions, the 40th Annual IHRSA International Convention & Trade Show (IHRSA 2021) to be held in Dallas, TX from October 13 to 15 will offer both in-person and virtual programming.