Lumo Raises $10 Million in Series B Funding

Lumo Bodytech, the makers of the Lumo Lift posture coach and Lumo Run smart shorts, has raised $10 million in Series B funding. The funding will be used to launch a wearables biomechanics platform…

Genesco To Acquire Little Burgundy Chain

Genesco Inc. announced that its Canadian subsidiary has entered into an agreement with the Aldo Group Inc. to acquire the 37-store Little Burgundy retail footwear chain in Canada. Based in Montreal, Little Burgundy serves a fashion-oriented 18- to 34-year

TRX Partners with Drew Brees

TRX in collaboration with The Brees Dream Foundation, announced the “Drew Brees Touchdowns for TRX” Program – a program that will turn Brees’ touchdowns during November games into physical education and athletic training equipment for on

Gore-Tex Launches Running Campaign

Gore-Tex has launched a new campaign showcasing how Gore-Tex liners are helping more and more runners fight back against winter’s challenges. The linings feature windproof, waterproof and breathable properties and are being used to leading running b

Nautilus’ Rebound Continues in Q3

Boosted by healthy sales gains in both its Direct and Retail segments, Nautilus Inc. reported earnings jumped 49.9 percent in the third quarter ended Sept. 30, to $3.7 million, or 12 cents a share…

Ebay Inc. Completes Sale of Ebay Enterprise

Ebay Inc. completed the previously announced sale of Ebay Enterprise to a Sterling Partners and Permira Funds. Enterprise Operations & Enterprise Technology Services was sold to Sterling Partners…

L.L.Bean Names New President and CEO

L.L.Bean named Stephen Smith as president and CEO. The hiring marks the first time in the L.L.Bean's 103-year history it's gone outside the company for its new CEO…

DSW Names CEO-Designee

DSW Inc. announced that Roger L. Rawlins, executive vice president and chief innovation officer, will succeed Michael R. MacDonald as chief executive officer, effective Jan. 1, 2016. The shoe retailer also sharply lowered its guidance for the year…

SFIA Launches Social Campaign to Pass The PHIT Act

The Sports & Fitness Industry Association (SFIA) has launched a six-month long social media campaign to urge Americans to send digital letters to members of Congress in support of the PHIT (Personal Health Investment Today) Act. Dubbed Hashtag, PassThePHI

Sportfishing’s Trade Show Receives Recognition

The International Convention of Allied Sportfishing Trades, better known as ICAST, has been recognized by the Trade Show News Network (TSNN) as one of the fastest growing trades shows in the U.S. by square footage for the third year in a row…