Nike is reducing its geography structure from six to four regions, appointing Michael Spillane to the new role of president of categories and product and creating a new new Nike Direct organization to improve speed to market and better engage consumers. The changes will result an overall reduction of approximately 2 percent of the company’s global workforce.
Category: Sports/Fitness
Hoka One One Grows Ambassador Team
Hoka One One, a division of Deckers Brands, has bolstered its athlete roster with the signing of triathlete Kirsten Kasper and ultrarunner Tim Freriks.
USPTA Moves Headquarters To Lake Nona, FL
The United States Professional Tennis Association began transitioning its worldwide headquarters to Lake Nona, FL, at the end of May.
Retail Sales Remain Flat In May
Retail sales in May were essentially unchanged on a seasonally adjusted basis after an upwardly revised gain of 0.6 percent, according to calculations released by the National Retail Federation.
Mizuno Partners With BB&T Atlanta Open
Mizuno USA Inc. signed a new partnership with the BB&T Atlanta Open to be the Official Performance Footwear and Apparel Sponsor of the ATP World Tour 250 tournament.
Gym Source Hires Vice President Of Operations
Gym Source announced that Ed Kurzontkowski, formerly of Cybex International, has joined the company as vice president of operations.
Peak Achievement Athletics Appoints Tony Palma As CEO For Easton Diamond Sports
Peak Achievement Athletics Inc. and its controlling shareholders, Sagard Holdings and Fairfax Financial announced the appointment of Anthony M. Palma as the chief executive officer of Easton Diamond Sports, effective June 13, 2017. In addition to his role as CEO of Easton,Palma will also serve as co-CEO of Peak with Ed Kinnaly.
SFIA Releases 2017 Installment Of Single Sports & Fitness Participation Reports
The Sports & Fitness Industry Association released 87 Single Sports & Fitness Reports for 2017. These reports provide an in-depth analysis and breakdown of participation demographics by specific sport or fitness activity.
Sports Direct Enters U.S. Retailing With Bob’s/EMS Acquisition
The U.K.’s largest sporting goods retailer will enter U.S. retailing with 51 stores (21 EMS, 30 Bob’s) and is already planning on bringing some of its European mix to U.S. consumers.
TriggerPoint Licenses Performance Solutions Patents
Under the terms, TriggerPoint will have the right to manufacture one-piece, two-piece, and multiple-piece foam rollers under all of Performance Solutions’ existing United States patents and multiple patents pending.
FluidStance Finds Balance Between Work And Play
“I realized I was standing for 60-80 hours a week when I switched to a stand up desk, and all I was doing was shifting the pain from my butt to my feet throughout the day,” said founder Joel Heath.
New Balance Wakes Up Boston For Daybreaker Session
On the Friday before the 2017 Boston Marathon, New Balance was able to get over 500 people out of bed for a 6:00 a.m. workout and dance party at Fenway Park.
Mitchell & Ness Releases NBA Hardwood Classics Swingman Collection
The launch comes after the company signed a multi-year licensing agreement with the NBA to be an exclusive manufacturer of all retro HWC products
Nike Faces EU Probe Over Sales Terms
Nike as well as Universal Studios and Hello Kitty owner Sanrio are being accused of imposing anticompetitive restrictions on distributors of their products by European Commission antitrust regulators.
Newell Brands Reaffirms Outlook
Newell Brands will reaffirm its fiscal year 2017 outlook, as provided in its first quarter 2017 earnings press release dated May 8, 2017, during its presentation tomorrow at the Deutsche Bank Global Consumer Conference in Paris.
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