After 10 years serving as CEO of B.A.S.S., Bruce Akin will retire on September 30. B.A.S.S. Chairman Chase Anderson will assume responsibility for the organization’s day-to-day operations as CEO.
Author: SGB Media

Peloton Begins Repairs On Recalled Treadmills
Peloton Interactive Inc. said it plans to install U.S. regulator-approved repairs to the touchscreen console on its treadmills starting this month after reports of injuries earlier in the year led to product recalls.

Fila Holdings’ Sales Expand 63 Percent In Second Quarter
Fila Holdings Corp. reported profits grew 198.2 percent in the second quarter as sales gained 63.1 percent. Sales for FILA USA grew 101.1 percent.

Li-Ning’s Sales Climb 65 Percent In First Half
Profits at Li-Ning rose 187 percent in the first half on a 65 percent revenue gain.

Academy Sports Partners With Whataburger
Academy Sports + Outdoors has partnered with Whataburger to launch an apparel line called Magellan Outdoors x Whataburger.

QBP Named Distributor Of Adidas Five Ten In Canada
Quality Bicycle Products has been named the new distributor of Adidas Five Ten cycling and climbing products in Canada.
Hayes Bicycle Group Strengthens Rep Force
Hayes Bicycle Group announced it has increased its U.S.representation by adding new agency partners.

ABG’s Debt Ratings May Face Downgrade If Reebok Acquisition Delays IPO
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.
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.