Asics announced the opening of an urban large-scale low oxygen training center in September 2019. The training center will be housed within a multi-purpose facility in Tokyo’s futuristic Toyosu district and will be approximately 5,000 square meters and occupy the second and third floors of the facility.
Author: SGB Media
Anta’s Takeover Talks With Amer Sports Advancing
Anta’s negotiations regarding with Amer Sports about a possible takeover are advancing, according to a report from Bloomberg. Sources indicated that Anta has talked to banks about financing for the transaction and is progressing with due diligence on Amer.
Fukuoka SoftBank Hawks And Fanatics Announce Innovative New Partnership
The new long-term strategic partnership, which will run for 10 years from March 2019, is the first for Fanatics in Asia.
Merrell Launches Documentary Featuring Ambassadors Jason Antin And Mike Chambers
Merrell launched a video documentary titled “In Due Time” featuring ambassadors Jason Antin and Mike Chambers setting out to complete Greenland’s Arctic Circle Trail by foot in the fastest known time.
Adidas Hires New General Counsel
Adidas has hired Jan Heinemann, Bayer’s former U.S. head of law, patents and compliance, as the company’s newest general counsel, according to law.com.
Allbirds Raises $50 million
Allbirds, a San Francisco-based sneaker maker known for using sustainable material, raised $50 million in Series C funding. T. Rowe Price led and was joined by Fidelity and return backer Tiger Global.
Salomon Socks Secures Canadian Licensee
Intersocks Group announced the appointment of In-Sport Fashions Inc. as the company’s Canadian distributor for licensed Salomon socks. The deal will give Canadian retailers renewed access to Salomon’s collection of alpine ski, nordic ski, trail running and outdoor socks.
The Buckle’s Comps Dip In September
The Buckle Inc. announced that comparable store net sales for stores open at least one year for the five-week period ended October 6, 2018 decreased 2.4 percent from comparable store net sales for the five-week period ended October 7, 2017.
American Hiking Society Launches Vote Public Lands Campaign
Continuing the focus of protecting, preserving and expanding public lands, American Hiking Society announced the launch of a Vote Public Lands campaign to encourage the society’s members, supporters and the public to get involved and get educated on public lands issues.
Viking Dash Trail Run partners With Omni Apparel
America Multi-Sport, Inc., which owns the Viking Dash Trail Run series, welcomes Omni Apparel Inc. as the official apparel of all Viking Dash Trail Runs in the United States and Canada now through 2020, which currently includes 24 events annually.
Monterey Bay Half Marathon Partners With Recover Brands On Sustainable Apparel
The Big Sur Marathon Foundation welcomed Recover Brands, creator of creates eco-friendly custom apparel, as a community partner for the 2018 Monterey Bay Half Marathon.
Grassroots Outdoor Alliance Welcomes Farm To Feet, Kavu, Rab And Sierra Designs
Grassroots Outdoor Alliance, the national organization dedicated to the health and growth of specialty outdoor retail, this fall welcomes Farm to Feet, KAVU, Rab and Sierra Designs to the company’s national vendor network.
Kit And Ace Sold To Management
Kit and Ace, founded in 2014 for Lululemon founder Chip Wilson, has been sold to members of the company’s leadership team, led by CEO George Tsogas. The sellers were the Wilson family.
Under Armour Signs Joel Embiid
Under Armour Inc. has added the Philadelphia 76ers’ star center Joel Embiid as an ambassador. The five-year deal makes Embiid the NBA’s highest-paid center on a shoe deal and he will have a signture shoe.
NBA’s Top Draft Pick Ensnared In College Basketball Scandal
On Wednesday at the college basketball corruption trial taking place in Manhattan’s federal court, Adidas consultant T.J. Gassnola, testified that the families of five recruits, Brian Bowen, Billy Preston, Silvio De Sousa, Dennis Smith and Deandre Ayton, received payments as a recruiting incentive.
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