J.D. Sports Fashion Plc announced that due to an ongoing review of its internal governance and controls, it is accelerating the separation of the roles of chair and CEO. As a result, Peter Cowgill, executive chairman, will step down effective immediately. (Read More)
On, the Swiss running brand, announced the election of Dennis Durkin as an additional independent member of its Board of Directors. (Read More)
Adidas unveiled its upgraded and expanded Adidas North America HQ in Portland, OR. Since the start of the project in 2018, nearly 220,000 square feet has been added, including three new buildings, a new gym, new cafes, additional parking and a sustainable soccer pitch. (Read More)
Golf Datatech’s National Rounds Played Report for April shows that U.S. rounds were down 12.9 percent in the month and off 9.8 percent year-to-date year-over-year. (Read More)
Omorpho, the micro-weighted Gravity Sportswear collection, closed a $6 million seed funding round at a $26 million valuation. The investment was led by KB Partners with participation from Greenchain Capital and Madison Square Garden Sports Corp. (MSG Sports). (Read More)
Dick’s Sporting Goods reported earnings and sales in the first quarter topped Wall Street expectations but reduced its guidance for the year due to “macroeconomic” challenges. (Read More)
To support global growth, putter manufacturer Evnroll has moved its headquarters to Aston Avenue in Carlsbad, CA. (Read More)
S&P Global Ratings upgraded the debt ratings of Varsity Brands Holding Co. Inc. as the company's financial performance continues to improve as it recovers from COVID-19 pandemic lows. (Read More)
Puma launched a sports-based experience on Roblox, the online gaming platform where participants compete in mini-games and training activities. (Read More)
Nautilus Inc. reported sales were down 41.9 percent in the fourth quarter ended March 31. Sales grew 28 percent versus the fourth quarter of 2020 or 41 percent excluding the sold Octane business. The company lost money in the quarter but expects to achieve positive adjusted EBITDA for the second half of the current fiscal year. (Read More)
