Amer Sports confirmed that the company received an indication of interest in an all-cash buyout from a consortium consisting of Chinese sports shoe company Anta and FountainVest Partners, a Hong Kong private equity group. The offer values Amer Sports at more than €4.6 billion ($5.3 bn).
Author: SGB Media
Camping World Plans Co-Branded SuperCenter In Greenville
Camping World Holdings Inc.announced that the Overton’s showroom, located 111 Red Banks Road in North Carolina, will continue to operate with a multi-branded offering showcasing Overton’s water sport products, Gander Outdoors and Camping World products and services for the outdoor enthusiast in addition to Gander RV Sales.
Project High Five Launches To Tackle Youth Sports Crisis
Project High Five (PH5), an online community designed to help keep kids engaged in team sports longer, announced the official launch of the community’s online platform.
OrderMyGear Hires Under Armour’s Matt Kaplan As Head Of Enterprise Sales
OrderMyGear, the e-commerce enabler for the team channel, hired Matt Kaplan as the head of enterprise sales, a new position at the growing company. Kaplan comes to OrderMyGear from Under Armour, where he worked for 16 years in a variety of leadership roles, most recently as the director of sales for Team Sports.
Riddell And Peyton Manning Award Smarter Football Equipment To 18 Programs
Riddell and brand ambassador Peyton Manning announced the 18 recipients of the 2018 Smarter Football equipment grants and congratulated each program with a personalized video message from Manning.
Adidas Continues As Sponsor Of German Football Association
The German Football Association (DFB) and Adidas announced the extension of their partnership.
Lem Helmets Appoints General Manager
Lem Helmets, the inclusive cycling helmet brand, named industry veteran Michael Grim as general manager. He was most recently director: helmets & accessories business unit at Specialized Bicycle Components.
Dick’s Sets Grand Opening For Four Stores
Dick’s Sporting Goods will be opening four new Dick’s Sporting Goods stores in September. The stores are in Sarasota, FL; North Port, FL; Tucson, AZ and Schererville, IN.
China Vows Retaliation If Trump Adds More Tariffs
China said Monday it would retaliate against the U.S. if President Donald Trump imposes more tariffs on Chinese goods, further escalating the global trade war between the two nations.
Under Armour Partners To Turn Vacant Lots Into Playgrounds
Community organizations in Baltimore, Los Angeles and Philadelphia will receive grants totaling $330,000 from ESPN, Under Armour and LISC to help transform vacant lots into sports, recreation and play spaces.
Larry Ellison Invests And Partners With Universal Tennis
Universal Tennis announced that Larry Ellison, the executive chairman and chief technology officer of Oracle, has become an investor and partner with the company.
Retail Reports Roundup
Studies arrived showing Nike and Lululemon ranking high among favorite retailers for millennial and Gen Z consumers; Outdoor Voices landing among LinkedIn’s top startups and research on visual search, online personalization, Walmart’s online share gains and voice assistant shopping.
Yue Yuen’s Sales Climb 5 Percent In August
Yue Yuen Industrial Holdings Limited reported sales in August reached $799.5 million against year-ago revenues of $761.3 million, a gain of 5.0 percent.
Farfetch Expects To Raise $447 Million In IPO
London-based luxury online marketplace Farfetch expects to raise approximately $446.5 million in the company’s initial public offering, according to an updated regulatory filing.
Multi-Industry Coalition Urges USTR To Avoid Further Trade Escalation With China
The National Retail Federation and more than 150 organizations representing U.S. retailers, manufacturers, farmers, technology companies, natural gas and oil companies and other industries urged the Trump administration to avoid further escalation with China and warned of the negative impact of tariffs on American businesses, families and workers.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal