Feetures, the family-owned and operated sock manufacturer, announced that John Gaither, who has been the company's COO, would succeed his father, Hugh Gaither, founder and CEO, effective January 1, 2023. Hugh Gaither will evolve his role as chairman of Feetures' executive committee. (Read More)
3Step Sports, the youth sports club and event operator, acquired Best FC Soccer Club, adding another youth training and development organization to its soccer division. (Read More)
Life Time reported it opened its fourth club at the Annapolis Town Center, near the U.S. Naval Academy, in Annapolis, MD. (Read More)
Swiss running brand On has added men’s and women’s apparel to its resale program. The move follows the September launch of Onward resale site and online trade-in program initially focused on footwear. (Read More)
The Beachbody Company, Inc. said it received a deficiency letter from the New York Stock Exchange notifying the company that it is not in compliance with applicable price criteria in the NYSE's continued listing standards. (Read More)
RYU Apparel, Inc. said it changed its management structure and relocated its corporate headquarters to Toronto from Vancouver, Canada. The company accepted the resignations of former COO Robert Blair and former CFO Robert Lelovic. Cesare Fazari will continue as CEO and assume interim CFO responsibilities until a replacement is found. (Read More)
U.S. shoppers spent a record $9.12 billion online this Black Friday, according to Adobe Analytics, which tracks sales on retailers' websites. That’s a 2.3 percent increase compared to $8.92 billion in 2021 and also up from $9.03 billion the in 2020. (Read More)
The Yomiuri Giants, Nike and Fanatics announced a long-term global partnership whereby Nike becomes the official uniform supplier of the Yomiuri Giants. Fanatics will manufacture and distribute on-field uniforms and player performance merchandise as well as Nike-branded fan jerseys and apparel. (Read More)
Asics Corp. acquired Njuko SAS, a race registration platform for running events in Europe. With the acquisition of Njuko, Asics offers race registration services worldwide. (Read More)
Soccer Post, the largest chain of soccer specialty stores in the U.S., has secured an investment from TZP Group, the private equity firm. Soccer Post announced that Alex Morgan, the American professional soccer player, has become an investor and brand ambassador. (Read More)
