Mindbody the software company that provides technology platforms for fitness and wellness studios, announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners.
Category: Sports/Fitness
Adidas Extends Deal With Juventus
Juventus Football Club S.p.A., the Italian professional football club colloquially known as Juve, and Adidas Italy S.p.A. have modified the official partner agreement and extended the term of the agreement until 30 June 2027.
Nike North America Bounces Back To Near Double Digit Growth In Q2
Led by a continued resurgence in North America, accelerated growth in China and continued gangbuster digital growth, Nike reported Q2 earnings and sales easily topped Wall Street’s targets and lifted its guidance for the year. Said Andy Campion, CFO, “As we’re beginning to gain greater insight into fiscal year ’20, we’re seeing continued strong demand.”
Aisle Talk Week Of December 17
Top headlines from the active lifestyle industry you may have missed this week, including Thule Group’s announcement of the acquisition of rooftop tent maker Tepui Outdoors Inc. for $9.5 million.
Top of the World Signs New Licensing Partnership With UConn
Top of the World, a leading collegiate apparel and headwear licensee, has inked a deal with the University of Connecticut to become the school’s exclusive apparel and headwear licensee in all mass channels of distribution.
PepWear Partners With Music For All
PepWear and Music for All have agreed to a new 10-year merchandise and sponsorship agreement.
Varsity Spirit Gives Back With More Than $6.5 Million in National Fundraising Efforts
Varsity Spirit, the leader in cheerleading and dance, said its fundraising for St. Jude Children’s Research Hospita now totals more than $6.5 million since 2011.
Adidas Sets 2019 Rivals Camp Series
Rivals, Next College Student Athlete (NCSA), and Adidas announced the third-annual Rivals Camp Series, featuring the Rivals adizero Combines. All combines are free and open to current high school football players.
Nike Inc. Names G. Scott Uzzell President And CEO of Converse
Nike Inc. announced that effective January 22, 2019, G. Scott Uzzell will become president and CEO of Converse, Inc. Uzzell comes to Converse from The Coca-Cola Company where he most recently served as president, Venturing & Emerging Brands Group (VEB).
Onix Pickleball Signs 2018 Pickleball National Champions
Onix Pickleball, the leader in the sport of pickleball, announced the signing of 2018 Pickleball National Champions, Lucy Kovalova and Matt Wright as members of Team Onix.
Moody’s Affirms Under Armour’s Debt Rating, Outlook Remains Negative
Moody’s Investors Service affirmed Under Armour, Inc.’s Baa3 senior unsecured rating. The rating outlook remains negative. Stated Moody’s apparel analyst, Mike Zuccaro,”The affirmation reflects our expectation for sequential improvement in operating performance and credit metrics over the next 12-18 months as the company advances through the last year of its multi-year transformation plan.”
Holiday Reports Point To Merry Retail Haul
With a few days to go, reports continue to arrive indicating the retail industry is heading for record holiday sales. Here, the latest holiday insights around online selling, last-minute procrastinators, returns, BOPIS demand, millennial gifting and more.
Nike Smashes Expectations In Q2
Nike Inc. reported earnings rose 10.4 percent in the second quarter ended November 30 on a 9.6 percent revenue gain. Earnings and revenues both topped Wall Street’s targets as margins improved and strong sales were seen in North America and China.
Mizuno Launches Geofencing for Mobile App Push Notifications
Mizuno USA has launched an updated mobile app with a new design and new features, including geofencing technology to optimize their push notification campaigns.
Demo Day To Be Held At Inaugural Racquet & Paddle Sports Conference
Racquet sports professionals can attend, free of charge, the Demo Day and Industry Welcome Party at the USTA National Campus on Wednesday, January 23, 2019. The Demo Day and Industry Welcome Party are part of the inaugural three-day Racquet & Paddle Sports Conference, January 23-25, in Orlando, FL. Complimentary industry registration is required to attend […]
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