FlexIt Adds Robbie Sprechman To Advisory Board

FlexIt, the mobile app that enables users to access gyms and only pay for the time they use, announces the addition of fitness industry leader Robbie Sprechman, CFO of Retro Fitness, to the company’s advisory board. Through his new position, Sprechman will help position FlexIt to scale.

Retail Imports Expected To Remain Strong

Imports at the nation’s major retail container ports are expected to remain at near-record levels in October despite a new round of tariffs that took effect in September, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

RECALL: Canyon Mountain Bikes

About 820 Canyon Mountain Bikes that were sold on online at Canyon’s website are being recalled. The chainstays can crack which can lead to failure of the chainstay, rear wheel detachment and loss of control, posing a crash hazard.

Chums Introduces Ambassador Team

Chums, eyewear retainer and outdoor accessory brand, announced the company’s sixteen-member ambassador team. The team includes anglers Blake Wilson, LeAndra Guerike, Tyler Woolcott and Noah Lynk; paddlers Shane Green, Tyler Bradt, Jo-Beth Stamm, Tyler Soule, Seaver Taylor and Bobby Perkins and Explorers Anna Wong, Kaitlyn Farrington, Stacy Bare, Eric Balken, Amy David and Kristian DeWolfe.

DSW Reinvents Business Model With Camuto Group Acquisition

On a conference call with analysts, DSW Inc. officials said the Camuto Group deal extends the company’s growth opportunities outside the moderate channel and footwear category, but will particularly support its effort to sell exclusive brands inside DSW locations, at third-party stores and direct to consumers. Said DSW’s CEO Roger Rawlins, “As the retail landscape evolves strong brands with the ability to build the direct-to-consumer model have captured increasing market share.”

The Kevin Love Fund Donates Headspace Meditation + Mindfulness Training To UCLA

The Kevin Love Fund announced that UCLA will be the fund’s first beneficiary through Headspace subscription donations and in-person mental training sessions for all student-athletes and coaches. In total, 850 Headspace annual subscriptions, 700 subscriptions for all student-athletes and 150 subscriptions for coaches, will be shared with Bruin teams.

DSW And Authentic Brands Group To Acquire Camuto Group

DSW Inc. announced the company has entered into a definitive agreement to acquire the operations of Camuto Group, best known for the Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand. Additionally, DSW and Authentic Brands Group LLC (ABG) have entered into a definitive agreement to acquire several intellectual property rights from the Camuto Group under a new partnership. Total consideration paid to the Camuto Group will be approximately $375 million.