Fanatics has partnered with IMG, the sports, events and talent management company, to launch Fanatics Events, a platform that will recreate the Comic-Con experience for sports collectibles.
Category: Sports/Fitness
Amazon Sees ‘Biggest Ever’ Prime Day
U.S. online sales rose 6.1 percent to $12.7 billion during Amazon’s Prime Day two-day sales from July 11- 12, according to Adobe Analytics, which measures transactions at U.S. retail sites. Amazon called the first 24 hours of Prime Day the “single largest sales day in company history,” but did not disclose total sales.
Srixon Sports Europe Opens U.K. Headquarters; Makes Key Promotions
The European subsidiary of the Srixon group opened a U.K. headquarters about forty miles southwest of London and ten miles from its former office location.
Zumiez, Inc. Appoints Foot Locker, Inc. Vet to Board
Zumiez, Inc. appointed Guy M. Harkless to its Board of Directors to serve as an independent Class II director for a term expiring at the company’s 2025 annual meeting of shareholders. Harkless will also serve on Zumiez Audit Committee.
Smith’s Sporting Group Acquires Tanners Team Sports
Smith’s Sporting Group reported it acquired Tanners Team Sports, Inc. The two companies distribute over 1,000 products worldwide and nationally through specialty retailers and big box stores.
Puttshack Expands East Coast Presence to Baltimore
Puttshack signed a new lease at Baltimore, MD’s Harbor East, a retail, dining, and entertainment center, the company’s first in the state, projected to open in late 2024.
Crunch Fitness Franchisee Acquires Two Locations in Dallas, TX
Crunch Franchisee CR Fitness Holdings purchased two gyms in Allen and North Richland Hills in Dallas, TX. Formerly big-box gyms operating under a different brand, Crunch will take over the gyms on August 1, joining CR Fitness’ roster of 50 gyms across Texas, Florida, Georgia, and North Carolina.
Rip Curl, Oboz Parent Reiterates NZ$1.1 Billion Sales Outlook for Fiscal Year
KMD Brands, the parent company of Rip Curl, Oboz and Kathmandu brands, reported it is on track to deliver a record A$1.1 billion in full-year sales, despite softening consumer sentiment in the fiscal fourth quarter.
Kyrie Irving Inks Five-Year Shoe Deal with Anta
Anta signed Dallas Mavericks star guard Kyrie Irving to a new shoe deal running five years. The agreement comes after Irving and Nike ended their partnership last December.
Yue Yuen Manufacturing Business Revenues Falls 24.2 Percent in June
Yue Yuen Industrial (Holdings) Limited, a subsidiary of Pou Chen Corporation that manufactures a large percentage of global athletic and outdoor footwear, reported that its net consolidated operating revenue for June was $676.8 million, an 18.9 percent decline year over year.
Life Time Breaks Ground on Athletic Country Club in Rosemount, MN
Life Time and the City of Rosemount, MN broke ground on the future location of Life Time Rosemount. The new, 92-000 sf athletic country club and adjacent 60,000 sf outdoor aquatics area and pickleball court development is a public/private venture.
On Holding Secures CHF 700 Million Credit Facility
On Holding AG said in a regulatory filing that it had entered into a CHF 700 million multicurrency credit facility agreement led by UBS Switzerland AG.
Coats Sells Opti Zips EMEA Business Operations
Coats Group plc, the manufacturer of thread and structural components for apparel and footwear, entered into an agreement to sell its Opti Zips EMEA business to Aequita, a Gemany-based private equity firm.
Under Armour’s Principal Accounting Officer To Exit
Under Armour reported in a regulatory filing that Aditya Maheshwari, senior vice president and principal accounting officer, was leaving the company on August 25 to work for a public company. CFO David Bergman will be appointed on that date as the principal accounting officer for UA.
Balega Founders Launch New Specialty Running Sock Brand
Tanya and Bert Pictor, the founders of Balega Socks, and Luke Rowe, a running industry veteran, have launched a new running sock brand, Jogology, to be sold exclusively at run specialty stores beginning in September.
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