USA Cycling Launches 100-Year Anniversary Campaign

USA Cycling announced plans to launch its “We Champion” initiative to kick off its 100-year anniversary. The campaign highlights the organization’s past, current and new commitments to cycling for all as over 33 million riders joined or rejoined the sport in 2020.

BD-Capital Invests In SportPursuit

SportPursuit, an online private sales club in the UK and Germany focused on active lifestyle and sports products, has secured an investment from BD-Capital, a pan-European, operationally-led private equity firm.

Dearfoams Appoints President

Dearfoams announced Jocelyn Thornton as its new brand president. The hiring comes as Dearfoams, best known for its slippers, is moving into multi-category segments including home, sleepwear and socks, and is expanding within the comfort shoe category.

May Retail Sales Continue At Near-Record Levels

Retail sales remained at elevated levels in May despite month-to-month fluctuations that masked near-record performance, the National Retail Federation said. Sporting goods stores were down 0.8 percent month-over-month seasonally adjusted but up 40.9 percent unadjusted year-over-year.