As it should be, our focus is on the athletes at the 2016 Summer Olympics in Rio. But being in the business of the trade, we also can’t help but notice the active-lifestyle brands winning prime real estate on the stage.
Category: Sports/Fitness
Jessica Simpson Launches Performance Footwear Collection
Jessica Simpson, in partnership with Sequential Brands Group, Inc. and footwear partner Camuto Group, launched a collection of performance footwear as part of her athleisure line, The Warm Up.
Brunswick Promotes VP of Investor Relations
Brunswick Corporation (BC) promoted Phillip Haan, 38, to VP of investor relations, succeeding Bruce Byots, who is retiring from the company.
Adidas to Open Speedfactory in Atlanta
The state-of-the-art facility, to open in 2017, will allow Adidas to create product more quickly and closer to U.S. consumers.
Canadian Tire Provides Access to Canadian Olympians
Canadian Tire, the owner of Sport Chek, will be providing Canadians a live look inside of Canada Olympic House and a chance to interact with Olympians.
MusclePharm Q2 Revenue Dips $10 Million from Bad SKUs
MusclePharm Corporation, a U.S. nutritional supplements company based out of Denver, reported net revenue decreased $10 million, or 23 percent.
Teens Found Sports Recovery Company Kram Wellness
Kram Wellness, founded in 2014 by a team of teenagers and their parents, has come to market with their first official product they’re calling Flexfit.
Under Armour Manager Receives SFIA Scholarship
SFIA acknowledged Kelly Becker, Ursinus College grad and current manager of innovation partnerships for Under Armour, as a recipient of the 2016 SFIA Future Industry Leaders Scholarship.
Nike Presents Film Featuring USA Basketball
Nike, Inc. (NKE) released a new film, “Unlimited Together,” that captures the strength of unity and the power of team for USA Basketball.
Zappos.com Partners to Improve Pay for Track & Field Athletes
Zappos.com partnered with elite runner Nick Symmonds and Brooks Running to bring awareness to fair pay to sponsored athletes.
KT Tape Sponsoring 14 Olympic and Paralympic Athletes
KT Health, which does business as KT Tape, has sent 14 Olympic and Paralympic athletes, representing nine different sports, to the 2016 Olympic Games in Rio de Janeiro.
5.11 Tactical Charges Forward With Consumer Expansion
The soon-to-be-acquired company generates enough cash to grow its emerging U.S. retail business and pay a dividend to Compass Diversified Holdings Inc.
North Castle Partners Closes on $300 Million Fund
North Castle Partners, a private equity firm that owns Performance Bicycle and Ibex and recently invested in Ignite USA, closed its sixth fund, at $300 million.
Skullcandy Sinks into Red on Acquisition, Bankruptcy Charges
Domestic business rebounds, but global sales lag. Soon-to-be owner lifts acquisition bid to ward off competition. Shareholders set to vote by August 17.
Gaia Sees Q2 Loss Post-Gaiam Sale
Gaia, Inc., formerly Gaiam, Inc., reported a loss in its first period since selling off its Gaiam fitness products business, but did see healthy subscriber growth for its remaining health and wellness media properties.
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