S&P Global Ratings revised the CreditWatch implications on Authentic Brands Group (ABG) to developing from positive as its pending acquisition of Reebok may delay its initial public offering.
Author: SGB Media
BSN Sports Acquires Buffalo Team Dealer
BSN Sports, a division of Varsity Brands, announced that it has acquired Jim Ludtka Sporting Goods based in Depew, NY, a suburb of Buffalo.

Southeast Region’s Lodging Strength Continues Through Summer
Once again, participating resort properties in Florida, Georgia and South Carolina are celebrating a second consecutive summer with all-time seasonal records for occupancy, room rates and revenues according to DestiMetrics.
Shock Doctor Launches Legends Showcase 7v7 Football Tournament Series
Shock Doctor announced the launch of Legends Showcase, a 7v7 football tournament series. Beginning January 2022, Shock Doctor will start a tour of five national tournaments for elite high school and youth football athletes. There will be two-day tournament events. One day of pool play and one day of single-elimination playoffs. Each team is guaranteed […]

Under Armour Appoints Board Member
Under Armour, Inc. announced that David Gibbs had been appointed to its Board of Directors effective September 1, 2021. Gibbs is the chief executive officer of Yum! Brands Inc., the parent of KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill restaurants.

New Balance Sues Michael Kors For Trademark Infringement
New Balance has filed a lawsuit in United States District Court District Of Massachusetts charging Michael Kors infringed on the shoe brand’s trademarks.

Sequential Brands Group Sells Ellen Tracy And Caribbean Joe Brands
Sequential Brands Group has sold the Ellen Tracy and Caribbean Joe brands to GMA Group for a total of $20 million, according to a regulatory filing.

StockX Adds Board Member
StockX announced the appointment of its newest board member, Stacy Brown-Philpot.

Recall: Rossignol All Track DH Bike
About 150 Rossignol 2018 and 2019 Model Year All Track DH Bicycles are being recalled.

Nike Opens Rise Store Concept In Seoul
Nike is expanding its tech-driven Rise concept to Seoul, Korea. The opening follows the launch of its first Rise retail concept store in Guangzhou, China last summer.

Neiman Marcus Appoints SVP Of Digital Business & Customer Strategy
Neiman Marcus Group announced the appointment of Renée Paradise as senior vice president of digital business & customer strategy.

Dick’s SG To Open Golf Galaxy Performance Center Concept
Dick’s Sporting Goods has upgraded its Golf Galaxy store at Shoppers World in Framingham, MA. The store will reopen on August 28 under a new banner, Golf Galaxy Performance Center.

Kathmandu Holdings Inc. Announces New Global CEO For Rip Curl
Rip Curl announced it has appointed a new Global , CEO, Brooke Farris. This follows the previously announced promotion of Michael Daly from this role to Group CEO and managing director, Kathmandu Holdings Limited. Farris will report to Daly.
Therm-A-Rest Advances Sustainability; Expands Fast And Light Sleeping Bags For S22
Since Therm-a-Rest introduced its self-inflating sleeping pad more than 50 years ago, the company has remained focused on technical innovation and design in the camp comfort space. For Spring 2022, in celebration of its 50th anniversary, it expanded on its fast and light collection of sleeping bags with a temperature offering in its Parsec Collection […]

Deckers X Lab Releases NVRSTP Pack
Deckers X Lab announced the launch of its NVRSTP pack, a pack aimed to mirror the perception that a body in motion should stay in motion (no matter the activity) with easy access to everything a wearer needs. At the forefront of its design is its weight distribution to enhance balance with 19 easy to […]