The OvareGroup, based in Los Angeles, hired retail veteran Kara Anastasiadis as president of the newly formed OvareGroup Outdoor division.
Author: SGB Media
US Sports Camps Acquires U.S. Baseball Academy And U.S. Softball Academy
US Sports Camps (USSC), the official provider of Nike Sports Camps, announced the acquisition of U.S. Baseball Academy’s network of youth baseball camps and its sister company, U.S. Softball Academy, (collectively, USBA).
Eight Sleep Raises $86M Series C
Eight Sleep has closed $86 million in Series C funding led by Valor Equity Partners, with participation from other funds, including SoftBank, Khosla Ventures, Founders Fund, and General Catalyst.
Whoop Raises $200M In Funding Round
Fitness tracker firm Whoop announced that it has raised $200 million in a Series F funding round at a $3.6 billion valuation led by SoftBank Vision Fund 2. Participating investors include IVP, Cavu Ventures, Thursday Ventures, GP Bullhound, Accomplice, NextView Ventures, and Animal Capital.
Macy’s Appoints General Business Manager Of Apparel
Macy’s appointed Sam Archibald as general business manager of apparel. Archibald recently served as president of retail/outlets, North America, for Calvin Klein.
Alterra Mountain Company Acquires Purcell Heli-Skiing
Alterra Mountain Company announced it has purchased Purcell Heli-Skiing in British Columbia, Canada. The company will be incorporated into its mountain experience, CMH Heli-Skiing & Summer Adventures.
NRF Encouraged By White House Appointment To Address Supply Chain Issues
The National Retail Federation issued a statement applauding the appointment of John D. Porcari as Port Envoy to address supply chain disruptions.
Gildan Publishes Lastest ESG Report
Gildan Activewear Inc. announced the publication of its 17th Environmental, Social and Governance (ESG) report. The 2020 ESG Report outlines its approach and commitment to ESG, the company’s 2020 performance results and key priorities to continuing its vision of Making Apparel Better.
Peloton Acknowledges Subpoenas, SEC investigation Into Tread Plus injuries
Peloton has been subpoenaed by the Justice Department and the Department of Homeland Security for documents and other information related to its reporting of injuries associated with its exercise equipment, the company revealed in its annual 10-K form, The company also said it is being investigated by the SEC.
Court Judge Rejects Under Armour’s Request To Dismiss UCLA Lawsuit
A Los Angeles Superior Court judge rejected Under Armour’s attempt to dismiss the lawsuit brought by UCLA seeking more than $200 million in damages over its terminated sponsorship deal.
Camping World Announces Aggressive Greenfield Market Expansion
Camping World Holdings Inc. announced plans to aggressively expand its national footprint through the opening of 20 or more new greenfield locations over the next three years, in addition to strategic acquisitions.
WSS Named Partner Of The Los Angeles Dodgers
The Los Angeles Dodgers announced a multi-year partnership with WSS, the West Coast sneaker chain that recently entered into an agreement to be acquired by Foot Locker.
BioLite Appoints Outdoor Markets Division Leader
BioLite has hired Katie Mack to lead its expanded Outdoor Markets division. Mack is a veteran in sales and marketing, having worked for Red Wing, Aveda, Merrell, and Salomon.
Aisle Talk Week Of August 23, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of August 23, 2021 covered in the SGB Updates and delivered to your inbox every business day. This week’s Ambassador Athletes are the “On Run Crew”. A “collective team spirit that motivates us to achieve extraordinary goals together.”
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