Pear Sports announced the acquisition of Aaptiv, the workout app. Aligned with the acquisition, Life Fitness has added to its equity investment in Pear and will distribute Aaptiv through its sales and marketing partnership.
Author: SGB Media
Mountainsmith Appoints Senior Designer And Industry Veteran
Mountainsmith announced it had hired industry veteran Rio Telge as senior designer, responsible for its design plans for 2022 and beyond.
Outdoor Adventure Brands Secures $8.2 Million Credit Facility
Tiger Finance has closed on $8.2 million in growth financing for Outdoor Adventure Brands (OAB), the e-commerce and retail company known for its Austin Canoe & Kayak stores in Texas and Summit Sports locations in Michigan.
KUIU Releases Burner Parka For Extreme Cold Conditions
KUIU announced the addition of its Super Down Burner Parka to its line of outerwear. The Parka was developed to provide warmth and protection from the coldest hunting conditions. Sized as a true outer layer, it fits over base- and mid-layers, and is suited for low-output, extended activities such as glassing sessions, or sitting stationary […]
Life Time’s Debt Ratings Upgraded Following IPO
Life Time Inc., the owner and operator of fitness clubs, saw its debt ratings earn upgrades from Moody’s and S&P following its completion of an IPO that raised $700 million.
ICSC Survey Projects 8.9 Percent Holiday Sales Gain
Shoppers are expected to provide a boost for retailers during the 2021 holiday shopping season, according to ICSC’s Annual Holiday Shopping Intentions Survey. ICSC forecasted an 8.9 percent year-over-year increase in November through December sales with the total expected to reach $923 billion. The annual Holiday Shopping Intentions Survey found that the average consumer this holiday season plans to spend an average of $637 on gifts and other holiday-related merchandise.
Yue Yuen’s Sales In September Slump On Factory Shutdowns
Yue Yuen’s consolidated operating revenue in September fell 23.7 percent to $541.6 million from $710.2 million in the same month a year ago. The decline reflects the pandemic-related factory shutdowns in Vietnam.
Nike Sued By Former Oregon Project Runner, Mary Cain
Former star middle-distance runner Mary Cain has filed a $20 million lawsuit against disgraced coach Alberto Salazar and Nike alleging she suffered years of emotional abuse.
A&M Manufacturing And StyleCraft Boats Moving To Alachua
A&M Manufacturing and StyleCraft Boats are moving to the former Marlow-Hunter facility in Alachua, FL.
Noble Biomaterials Ionic+ Antimicrobial Technology Supports Helmet Manufacturers And Consumer Demand
Noble Biomaterials, a manufacturer of antimicrobial systems, announced that its Ionic+ fiber and fabric technology is in use by the manufacturers of ski, bike and motocross helmets. In response to consumers’ need for cleaner, longer-lasting antimicrobial technology, the company created a suite of antimicrobial treatments within its Ionic+ technology, which is currently in use by […]
Blizzard Tecnica Adds Four PSIA National Team Members To Roster Of Elite Instructors
Blizzard Tecnica announces the addition of four PSIA National Team members to its roster of elite instructors with seven of the 16 members now exclusively skiing Blizzard Tecnica products. The newest PSIA National Team Members include George Flynn and Bart Flynn, Jackson Hole; Mike Hafer, Breckenridge; and Troy Walsh, Sunday River who join existing team […]
Big Agnes Announces Hires In Product Development And Sourcing
Big Agnes announced new hires within its product development team. Joining the company are Bryan Davis, Leanne Thompson and Monica Welcker, while Tim Leroy joins its sourcing department.
GoPro Appoints Board Member
GoPro Inc. announced that Shaz Kahng has joined GoPro’s Board of Directors. Her past roles include global general manager of Nike Cycling and president/CEO at Lucy Activewear.
Allbirds Opens New Store In Oakbrook
Allbirds has opened a new retail store and community center in Oakbrook, IL. The location marks the brand’s second store in the Chicago area and 33rd globally, with locations across North America, Asia, and Europe.
Hibbett Opens Location In Grand Prairie
Hibbett announced the opening of its newest location in the mid-cities suburb of Grand Prairie located between Dallas and Fort Worth, TX.
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