Foot Locker, Inc. announced it has entered into a definitive agreement to acquire Eurostar, Inc. (WSS), a U.S.-based athletic footwear and apparel retailer, which primarily operates on the West Coast, for $750 million. The transaction will be funded with the company’s available cash.
Author: SGB Media
DPMS Panther Arms Now Distributed By TGD
Tactical Gear Distributors (TGD), the wholesaler of performance firearms, ammunition and tactical gear, is now stocking DPMS Panther Arms products, including firearms, upper and lower receivers and gun accessories.
Haku Expands Office Space
Haku has moved its corporate headquarters to a larger location in Brickell, FL. The expansion comes as the company has expanded its workforce by over 85 percent since 2019.
NBA Scores Record Sponsorship Haul
The National Basketball Association (NBA) and its 30 teams brought in record sponsorship revenue during the 2020/21 season despite a late start and shorter season, according to IEG, the sponsorship consultancy.
Survey Finds Walmart Top Choice For Back-To-School
A survey from RetailMeNot found that Walmart is the most popular place to go back-to-school shopping this year, followed by Amazon and Target
Saks Off 5th Appoints Amazon Alum As COO
Saks Off 5th, which was recently spun off from Saks, has appointed former Amazon operations executive Shivi Shankaran as COO, effective August 16.
Recall: Specialized Mountain Bike Battery Packs
About 2,500 Specialized 1st Generation Turbo Levo and Kenevo electric mountain bike battery packs are being recalled.
SIA Voices Support For Energy Innovation Dividend Act
Snowsports Industries America (SIA) announced their support of the Energy Innovation and Carbon Dividend Act.
OvareVentures Acquires Pulse Boot Lab And Ski Company
OvareVentures has added to its portfolio of outdoor businesses with the acquisition of Pulse Boot Lab and Ski Company based in Revelstoke, British Columbia.
Dick’s Sporting Goods Releases 2020 Purpose Playbook
Dick’s Sporting Goods introduced its 2020 Purpose Playbook, its third annual sustainability report. The report noted that the retailer signed the “We Are Still In” initiative in support of the Paris Climate Agreement, are phasing out single-use plastic bags in stores by 2025 and is committing to reducing greenhouse gas emissions by 30 percent by 2030.
Camber Names Co-CEO
The Board of Directors of Camber announced that it has named Renita E. Smith as co-CEO. She joins Emily Newman at the helm of the membership-based organization.
NexTex Innovations To Introduce TurboDry Technology At OR Summer Market
NexTex Innovations will introduce its expanded collection of TurboDry technology performance materials at OR Summer Market, Booth 50035-UL, August 10-12 in Denver, CO TurboDry technology is a “patent-pending fabric construction that wicks moisture away from the skin keeping users dry, comfortable and more equipped to efficiently maintain their core body temperature,” said the brand. The […]
Pearl Izumi Fall 2021 Collection Helps Riders Perform Through Changing Seasons
Pearl Izumi’s Fall 2021 line offers mountain biking outerwear layers, a gaiter for gravel rides and products that transition on and off the bike. “Our technical mountain bike apparel continues to be a huge push for the brand, and this fall season we’ve really invested in designs and technology that allow you to perform your […]
KBM Adds To E-Commerce Team
Kelly Brand Management (KBM) has hired Katie Vautier to its eCommerce team as account coordinator.
Inside The Call: Deckers Ups Forecast On Strong Fiscal Q1; Sees DTC At 50 Percent Of Total Sales
Deckers Brands rode a strong DTC business accelerating and expanding Hoka One One growth, and Ugg orders pulled forward from the next quarter to post better-than-expected results in the fiscal first quarter ended June 30.
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