The 2020 US Open is set to be played at the USTA Billie Jean King National Tennis Center in Flushing Meadows, NY on its originally scheduled dates of August 31 to September 13 although no fans will be on-site.
Category: Sports/Fitness
RIA Announces Initial Brand Lineup For Kick On-Demand
The Running Industry Association’s (RIA) has announced the initial brand lineup for its virtual buying show, RIA Kick On-Demand. As of Wednesday, June 17, the show will feature over thirty footwear, apparel and accessory brands including Brooks, Asics, Altra, Nike, and Saucony.
24 Hour Fitness Receives Court Approval Of $250 Million In Financing
24 Hour Fitness has received approvals from the U.S. Bankruptcy Court for the District of Delaware for the First Day motions related to the Company’s voluntary Chapter 11 filing on June 15, 2020. The approved motions will support the Company’s continued business operations while it implements the financial restructuring process.
Brunswick Corp. Promotes Two People To Key Finance Positions
The Brunswick Corporation board of directors has appointed Ryan M. Gwillim as senior vice president and CFO, effective immediately. Brian Frey, has been promoted to vice president and treasurer.
PeopleForBikes Promotes Three To Senior Leadership Team
PeopleForBikes has promoted three current staff members to vice president positions, rounding out the leadership team at the helm of the national bike advocacy and industry organization.
Apex Global Brands Shrinks Q1 Loss
Apex Global Brands, the parent of Hi-Tec, Cherokee and Tony Hawk, narrowed its loss in the first quarter despite a revenue decline due to the non-renewal of certain license agreements along with the impacts of COVID-19. The company received an extension of its forbearance agreement with its lenders, including a suspension of interest and principal payments.
Converse Signs First Female Basketball Player
Converse signed Natasha Cloud, the star guard of the Washington Mystics guard. She becomes the first female basketball player to ever ink a deal with the storied athletic brand.
Report: U.S. Cycling Market Surges in April With Sales Up 75 Percent
The NPD Group is reporting that April sales for traditional bikes, indoor bikes, parts, helmets, and other accessories grew a combined 75 percent to $1 billion compared to last year.
Wigwam Mills Sued By Terminated CEO
Wigwam Mills Inc. has been sued by its former CEO for issues stemming from his April termination from the company.
Adidas VP Joins Cole Haan
Cole Haan Inc. appointed Andrew Rudolph as senior vice president, North American wholesale sales. Rudolph was vice president, wholesale sales USA at Adidas Group.
Topgolf Earns U.S. Best Managed Companies Award
Topgolf Entertainment Group has been recognized with the U.S. Best Managed Companies award, sponsored by Deloitte Private and The Wall Street Journal. As part of its inaugural program in the U.S., this award recognizes private companies demonstrating excellence in strategy, execution, culture and financials.
Hydrow Announces $25M In Funding
Hydrow, the connected at-home rowing system, has secured $25 million in financing led by L Catterton, the private equity firm. The fundraising also includes support from the brand’s other existing investors including Rx3 Ventures (Co-founded by Greenbay Packers Quarterback Aaron Rodgers). This extension will bring the total capital raised to $52 million.
Dick’s SG Launches Two New Concept Stores
Dick’s Sporting Goods said it will be expanding its nationwide footprint with the opening of two new concept stores – Overtime by Dick’s Sporting Goods and Dick’s Sporting Goods Warehouse. With these openings, Dick’s will have 11 outlet and clearance centers open in nine different states.
Fitbit Introduces Ready For Work Solutions
Fitbit announced a new Ready for Work solution to help employers with the challenge of returning to the workplace during the COVID-19 pandemic. Fitbit’s Ready for Work solution gives employees access to key health metrics from their Fitbit device along with exposure, symptom and temperature logging, all within a Daily Check-In feature that provides employees with guidance on whether to go into the workplace.
May Retail Sales Improve Dramatically Over April, Still Below Last Year
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, the National Retail Federation said.
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