Futch’s experience includes roles at Fitbit, Weight Watchers, BodyMedia/Jawbone, Johnson & Johnson and Medtronic.
Category: Sports/Fitness
Adidas Disbands Digital Sports Business Unit
Adidas has discontinued its Digital Sports business unit, possibly impacting 74 jobs. The realignment will entail the company consolidating some of its apps to focus on Runtastic and its relaunched Adidas app.
Asics Opens Doors To First Flagship on Fifth Avenue In New York City
Asics America Corporation opened the doors to its first U.S. flagship store featuring two brands in the Asics family – Asics and Asics Tiger. The new store on the famed Fifth Avenue in New York City is designed to represent its storied heritage and its mantra and trademark, “Sound Mind, Sound Body” as well as unveil a new platform for the brand to reach a wider variety of consumers.
Asics Launches Fitness-Class App
Asics launched ASICS Studio, a mobile fitness app that offers unlimited access to on-demand workouts. The experience features trainer-led audio, curated playlists, and visual cues to help users keep their bodies moving and heads in the game–wherever and whenever they have time to work out.
Deckers Wins Fight Against Activist Investor
Triumphing from a 10-month fight against an activist shareholder, Deckers Brands said all its candidates had been elected to its board of directors at its 2017 Annual Meeting of Stockholders.
Deutsche Bank Turns Bullish On Athletic Stocks
Deutsche Bank upgraded its stock ratings on both Lululemon and Finish Line while lifting its price targets on Nike, Under Armour, Foot Locker, Dick’s Sporting Goods, Hibbett Sports and Big 5 due to improving fundamentals for the athletic channel.
Morgan Stanley Raises Price Target On Dick’s Sporting Goods
Morgan Stanley raised its price target on Dick’s Sporting Goods to $30 from $28, believing the “company and stock are at a pivotal moment.”
Wahoo Fitness Partners With BORA-hansgrohe Pro Cycling Team
As an official partner of BORA-hansgrohe, Wahoo will integrate two key elements of its product ecosystem into the team’s race-winning strategies.
Nautilus Launches Modern Movement Brand
The Modern Movement brand expands Nautilus Inc.’s offerings to include shelf fitness and adds the balance and core strength focus area to the company’s collection.
Balega Presents Annual Ubuntu Award To Lively Athletics
Independently owned by Anne Pezalla and Kate Pezalla Marlin, specialty retailer Lively Athletics is involved in local activism, donates shoes to underserved children and participates in improving the health of its community.
TSG Acquires Sunshine Fitness
TSG Consumer Partners has acquired a majority stake in Sunshine Fitness, the first franchisee of Planet Fitness clubs.
City Sports Plots A Comeback
With its first store soon to reopen and an upcoming relaunch of its website, the new owners of City Sports are making progress toward its goal of reestablishing the athletic chain in urban centers.
Adidas Settles Forever 21 Lawsuit
Adidas reached a settlement with one of Forever 21 Inc.’s suppliers. The suit, filed in March, had charged Forever 21 with using the brand’s trademarked three-stripe design on its athletic apparel.
Brunswick Innovation Laboratory Gets New Name
Brunswick Corporation recently celebrated the grand opening of new quarters for what has been known as the Brunswick Innovation Laboratory in the Research Park at the University of Illinois at Urbana-Champaign.
Fitbit Partners With Keller Williams
Keller Williams, the world’s largest real estate franchise by agent count, is collaborating with Fitbit to expand its wellness program by offering Fitbit wearable devices and challenges to more than 157,000 agents nationwide.
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