Running Participation Declines Expected To Level Off

With race participation slipping in recent years, a big American win and the gnarly conditions at the Boston Marathon shined a much-needed spotlight on the sport of running. Yet race organizers and running industry execs still believe a renewed focus on delivering unique experiences will be necessary to again drive up race finishers.

Genesco Adds Two Independent Board Directors

Genesco Inc., the parent of Journeys and Lids,  announced that the company has entered into an agreement with an activist shareholder group that to will result in the company adding two independent board directors.

Dick’s Partners With GameChanger, NFHS On Pitch Count App

Dick’s Sporting Goods has announced a three-year technology partnership between GameChanger, the digital scorekeeping and management app for baseball and softball teams, and the National Federation of State High School Associations, the national leadership organization for high school sports and activity programs.

Unifi’s Q3 Earnings Tumble

Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.

Peloton Adds Board Member

Peloton, the the in-home fitness and technology company, announced that Pamela Thomas-Graham has been elected to the company’s board of directors, effective immediately.

Shimano’s Q1 Earnings Climb 13 Percent

Shimano Inc. reported earnings rose 13.2 percent in the first quarter on a 6.7 percent revenue gain.  The Bicycle Components segment delivered a 5.1 percent sales gain while the Fishing Tackle segment expanded 13.2 percent.