Authentic Brands Group reported it entered a period of exclusivity and made a binding offer to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. Boardrider is owned and managed by Oaktree Capital Management, L.P. Terms were not disclosed. (Read More)
In a shareholder proposal released Thursday, activist shareholder platform Tulipshare requested a report from Nike on whether its policies effectively address its stated equity goals and human rights commitments. (Read More)
Topgolf Callaway Brands Corp. plans to add C. Matthew Turney, chief financial Officer of Dundon Capital Partners, to its Board of Directors. (Read More)
Super League Triathlon hired Jo Sinclair as chief commercial and marketing officer. Matt Caren was promoted to commercial director, Charlie Cook was named marketing director and Adam Leitch is now communications director. (Read More)
Swing Racquet + Paddle is coming to Raleigh, NC in 2024, and announced a partnership with the Good to Great Tennis Academy. Over the past month, Swing has reported it joined forces with Wilson Sporting Goods and celebrity chef Fabio Viviani. (Read More)
Curling World, LLC launched its e-commerce platform dedicated to curling apparel as the sport has seen a surge in popularity in North America and Europe in recent years. (Read More)
Under Armour Inc. has extended and expanded its partnership with Golden State Warriors point guard and four-time NBA Champion Stephen Curry in a deal that extends beyond his retirement. As part of the new terms, Curry becomes president of the Curry Brand. (Read More)
Moody's Investors Service downgraded The Gap, Inc.'s debt ratings due to expectations that "topline growth and margin expansion will be limited in the next 12 months due to continuing inflationary and competitive pressures." (Read More)
Tom Dowd has been appointed F45’s new CEO, effective immediately. He succeeds outgoing interim CEO Ben Coates, who remains on the company’s board of directors. Mark Wahlberg, who has been a member of the company’s board since March 2019, has been named F45’s chief brand officer, (Read More)
Gildan Activewear sold its Charleston, SC distribution center for $51 million but will remain in the property through a sale-leaseback arrangement. (Read More)
