Former SFIA Start-Up Challenge Finalist Asensei Raises $2 Million

Asensei Inc., a finalist in the Sports & Fitness Industry Association’s 2017 Start-Up Challenge, has announced the raise of $2 million in investment led by KB Partners, a Chicago-based early stage venture firm focused on the intersection of sports and technology, and Mooring Hitch.

Peloton To Expand NYC Footprint

Peloton, the in-home cycling and running studio specialist, announced that it will relocate its corporate headquarters to a 312,000-square-foot, state-of-the-art office space at Hudson Commons in New York City. 

RYU Opens Flagship NYC Store

RYU Apparel is opening a store in Brooklyn’s Williamsburg section. The Vancouver-based fitness apparel firm has one other U.S. store in Venice, CA and will soon open another in Newport Beach, CA.

Weston Snowboards Rebrands To Weston Backcountry

Weston Snowboards, an independent rider-owned, industry-leading snowboard manufacturer based in Minturn, CO, will be undergoing a rebrand to Weston Backcountry. The change comes as Weston Snowboards expands experiential events to build community around backcountry riding.

Peak Design Recognized For Work Culture

Peak Design, based in San Francisco, ranked second in Outside Magazine’s “The 50 Best Places to Work in 2018.” Other vendors recognized included Ergodyne, SportRx, CamelBak, Eagle Creek, SlideBelts and Stio.

Woolrich Closing Woolen Mill In Woolrich, PA

Woolrich Inc. announced that it will be closing the Woolen Mill in Woolrich, PA. The fabric manufacturing operations will cease by the end of the year and will affect up to 40 employees in the mill.

Converse Signs Washington Wizards Forward

Converse has signed Kelly Oubre Jr., forward for the Washington Wizards, to a multi-year footwear and apparel endorsement deal. Oubre is expected to wear Nike footwear on court and Converse footwear and apparel casually.

Champion Opens Boston Store

Champion Athleticwear is continuing to expand its retail footprint with its first location in Boston and its fourth U.S. retail specialty store overall.

Bollé Brands Formed

A&M Capital has established a new holding company grouping the four eyewear brands – Bollé, Bollé Safety, Serengeti and Cébé – acquired from Vista Outdoor Group.