Current Asics North America president and chief operating officer, Richard Sullivan has been appointed to Asics North America president and chief executive officer and named an executive officer of Asics Corp.
Author: SGB Media
Signa Sports Nearing Investment From Saudi Arabia’s Public Investment Fund
Saudi Arabia’s Public Investment Fund is close to making an investment of more than $370 million in Signa Sports United, the Berlin-based sports commerce platform, according to the Wall Street Journal.

Retail Sales Unexpectedly Rise In September
The U.S. Census Bureau said overall retail sales in September were up 0.7 percent seasonally adjusted from August, topping the Dow Jones estimate for a decline of 0.2 percent.
Compass Diversified Announces Sale Of Advanced Circuits
Compass Diversified (CODI) announced it has entered into a definitive agreement to sell its majority-owned subsidiary, Compass AC Holdings, Inc., the parent company of Advanced Circuits, Inc., to Tempo Automation Inc. for $310 million.

Bob Stapleton Steps Down As Chairman From USA Cycling Board
USA Cycling announced that Bob Stapleton is stepping down as chairman of the board for the organization, a position he has held since 2014. Vice chairman Brendan Quirk was elected by board members to replace Stapleton, effective November 1.
Head/Tyrolian Hires New U.S. Racing Department Lead
Head/Tyrolian welcomed Stefan Hughes as its U.S. competition and team manager. Hughes will manage Head’s racing program in the U.S. and work closely with its Austrian race department to coordinate service for Head’s retailers, coaches and athletes.
Fischer Sports Appoints Content Marketing Manager
Fischer Sports said Jonathan Jay, former senior editor for Ski Magazine, will be taking on the new role as Fischer’s content marketing manager for the U.S.

Zappos.com To Sponsor 2022 Special Olympics USA Games
Zappos.com announced its sponsorship of the 2022 Special Olympics USA Games scheduled for June 5-12, 2022, in Orlando, FL.

Thor Industries Announces Closing Of $500 Million Of Senior Unsecured Notes
Thor Industries Inc. announced the closing on October 14, 2021 of its previously announced offering of $500 million aggregate principal amount of 4.000 percent senior notes due 2029.

Nike Invests In LeBron James’ SpringHill Company
LeBron James’s SpringHill Company has sold a “significant” minority stake to Nike, RedBird Capital Partners, Fenway Sports Group and Epic Games.

Nathan Sports Introduces First Collection Of Polarized Performance Eyewear
Nathan Sports announced its entry into the eyewear market with a line of polarized sunglasses. The no-slip sunglasses offer high-grip TPE material incorporated into the nose and temples of the frame to keep the glasses from shifting during activity. The TR90 frame construction is flexible, impact-resistant and heat-resistant. The injection-molded polycarbonate lenses are embedded inside […]

FDRA Report: Footwear Retail Prices Spike The Most in 20 Years
Footwear Distributors and Retailers of America (FDRA) released its monthly Shoe Price Report showing shoe prices are increasing at the fastest rate in over 20 years. Prices may increase further as products come available for the holiday.
Echelon Appoints Board Member
Connected fitness company Echelon announced today the appointment of Gabby Cohen to its Board of Directors. This board placement was supported by the company’s collaboration with the Women on Boards (WOB) Project and North Castle Partners.

Under Armour Appoints Chief Consumer Officer
Under Armour Inc. announced the appointment of Massimo Baratto to executive vice president, chief consumer officer. Since joining Under Armour in 2018, Baratto has served as managing director of the company’s Europe, Middle East and Africa (EMEA) region.
Granite Gear Introduces Crown3 60 Multi-Day Pack
Granite Gear has introduced its Crown3 60, an ultralight multi-day pack in the brand’s Crown series. The pack weighs less than 2.5 pounds and has a standard carry capacity of 35 pounds, which can be increased to 43 pounds with an add-on aluminum stay or remove the frame sheet to decrease the load carry to […]