Top headlines from the active lifestyle industry you may have missed this week.
Category: Sports/Fitness
Jawbone Undergoing Liquidation
Jawbone, one of the early fitness wearables once valued at $3 billion, has begun liquidation proceedings, according to a report in The Information.
Velocio Apparel Secures Investment, Hires Laura Spencer
Velocio Apparel, a New England-based cycling brand specializing in performance apparel, has closed a Series A investment round led by Steve Fuller, former L.L.Bean chief marketing officer.
Cutters Launches Julian Edelman Football Gloves Collection
Cutters, the specialist in football gloves, has created an exclusive, signature series with New England Patriots’ wide receiver Julian Edelman and his personal brand, JE11.
Outdoor Retailer Trade Show Moving To Denver
Emerald Expositions LLC announced it had selected Denver for the site of all Outdoor Retailer tradeshows, including Outdoor Retailer + Snow Show, Outdoor Retailer Summer Market and Outdoor Retailer Winter Market, which will move to November in 2018. It is intended that Grassroots Connect will co-locate in Denver with Outdoor Retailer when an appropriate venue is procured.
OIA’s Executive Director Touts Benefits Of Denver Move
In a letter to OIA members, Amy Roberts, executive director of the Outdoor Industry Association (OIA), spelled out the benefits of the move of the Outdoor Retailer show to Denver, including shifting the dates to the front end of the ordering cycle, significantly reduced booth rates and less travel for the industry with the combined Winter Show.
Nike Partners With European Soccer Social Network
Tonsser, a startup that offers a vertical social network aimed at youth soccer players, has signed on Nike as its first brand channel partner, according to a report from TechCrunch.
QVC To Merge With HSN
Liberty Interactive Corp., the parent of QVC ,announced that they have entered into an agreement whereby Liberty Interactive will acquire the 62 percent of HSNi it does not already own in an all-stock transaction.
Power Plate And SKLZ Co-Develop Training Accessories Line
Power Plate, a maker of vibrating platforms to help athletes prepare faster, perform better and recover quicker, announced a strategic partnership with SKLZ and a continuing partnership with EXOS.
Wiivv Launches Employee Wellness Program
Wiivv Wearables Inc., a Vancouver and San Diego-based consumer technology company that creates custom-fit footwear products through an app, has launched an Employee Wellness program for workers on their feet, following a successful pilot program with the Pacific Northwest’s renowned North Shore Rescue team.
Feetures Expands Offerings With Lifestyle Collection
The lifestyle collection will include a variety of styles for women and men, and will offer the signiture targeted compression and seamless toe features that helped elevate the brand.
ISPO Shanghai 2017 Sees 22 Percent Hike In Exhibitors
ISPO Shanghai 2017, being held from July 6 to 8, will have 572 exhibiting companies, representing a 22 percent increase compared with 2016.
Target Launching New Athleisure Brand
Target is planning on introducing a new active apparel brand, JoyLab, this fall.
Arctic Cool Sees Strong First Year
Arctic Cool, the cooling apparel start-up, said it has sold over 100,000 shirts since its launch on June 6, 2016.
Iconix Reduces Debt By $362 Million With Entertainment Segment Sale
Iconix Brand Group Inc. announced a substantial reduction of its debt in conjunction with the completion of the previously reported sale of its entertainment segment for $345 million in cash, subject to customary working capital adjustments.
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