Surfline Secures Funding, Appoints CEO

Surfline\Wavetrak Inc., the company behind surf forecasting platform Surfline, announced an investment of $30 million by TCG. The company also announced the appointment of Kyle Laughlin as CEO. Laughlin succeeds Jeff Berg, who will play an active role in the company as executive chairman.

Foot Locker CFO To Retire

Foot Locker Inc. announced the planned retirement of Lauren Peters, Foot Locker’s executive vice president and chief financial officer, with an expected effective date in April 2021.

Nike Lobbying Against Xinjiang Forced Labor Bill

Nike is among the major companies and business groups lobbying Congress to weaken a bill that would ban imported goods made with forced labor in China’s Xinjiang region, according to a report in the New York Times.

Dick’s SG To Test New Outdoor Concept

Dick’s Sporting Goods confirmed it will be testing a new outdoor-themed concept called Public Lands with two locations scheduled to open in former Field & Stream stores in 2021.