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.
Author: SGB Media
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.
Dick’s Sporting Goods Expands Use Of First Insight Technology
Dick’s Sporting Goods has expanded the company’s partnership with First Insight, which offers technology aimed at helping retailers and brands make better-informed product development and pricing decisions.
Cabela’s Credit Card Staffers Face Lay Offs
Capital One Financial, which bought the credit card operation of the former Cabela’s, said 153 employees in Lincoln, NE, will be laid off. In June, about 450 people had been working in Lincoln, NE, servicing the customers of the Cabela’s CLUB card, according to the Omaha-World Herald.
RECALL: Marker Kingpin Ski Bindings
About 4,100 Kingpin Ski Bindings from Marker sold in the U.S. are being recalled.
RYU Apparel Prevails In Trademark Dispute With Lululemon
RYU Apparel said the company prevailed in a trademark-infringement lawsuit against Lululemon.
New Balance Signs Sprinter Gabby Thomas
New Balance has signed Harvard sprinter Gabby Thomas to a multi-year endorsement contract. Thomas won the 200m 2018 NCAA Indoor Track and Field Championships and took 2nd in the DI NCAA Outdoor National Track and Field Championships.
PGA Tour Superstore Opens Store In Chicago
PGA Tour Superstore announced the opening of the company’s third store in the Chicago region, serving the Vernon Hills and northern Chicago communities.
Express Expands NBA Partnership
Express Inc. expanded the company’s partnership with the NBA. The chain also unveiled the company’s second “NBA Game Changers” campaign and Performance Collection featuring NBA All-Star Victor Oladipo (Indiana Pacers), Mo Bamba (Orlando Magic) and Trae Young (Atlanta Hawks).
Report: Sears Hires Bankruptcy Professionals
Sears Holdings Corporation, the parent of Sears and Kmart, is considering filing for bankruptcy protection as soon as this week as it faces a large debt repayment on Monday, reports The Wall Street Journal. Advisory firm M-III Partners LLC has been hired to prepare the bankruptcy filing, according to the report.
September Retail Jobs Increase More Than 25,000 Over 2017
Retail industry employment in September increased by 25,600 jobs unadjusted over the same time last year despite a seasonally adjusted drop of 23,600 jobs from August, the National Retail Federation said.
Spyder Becomes Presenting Sponsor Of 2018 ColderBOLDER
BolderBOULDER Inc, organizers of the ColderBOLDER 5K, announced Spyder as the presenting sponsor for Colorado’s coldest 5K.
Panelists Announced For IHRSA Women’s Leadership Summit At AB Show
Panelists have been announced for the IHRSA Women’s Leadership Summit, hosted by Athletic Business, on Thursday, November 8, at the Ernest N. Morial Convention Center in New Orleans, LA.
Nearly One in Four Americans Use A Health Club
The International Health, Racquet & Sportsclub Association (IHRSA) released the 2018 Health Club Consumer Report that showed that health club membership reached an all-time high in 2017, attracting 60.9 million members, an increase of 6.3 percent from 2016.
Vibram Announces Management Changes
Vibram Corp., North Brookfield, MA, said Tuesday that Michael Gionfriddo has announced his retirement as the company’s president and CEO effective December 31, and that Fabrizio Gamberini has been appointed the new president of Vibram in the United States.
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