Hype Sports Innovation, the sports innovation platform based in London, said Jordi Cruyff, manager of the Chinese Superleague club, Chongqing Lifan, has joined its investment arm, Hype Capital, as an investor and advisory board member.
Category: Sports/Fitness
PlayOn! Sports Raises $25 Million In Series B Funding
PlayOn! Sports, which operates the NFHS Network, has raised Series B funding of $25 million led by venture investment firm BIP Capital. New investors in the funding round include Jeff Vinik, Teall Capital, and Crossover.
SFIA Elects Dan Arment As New Chairman
Dan Arment, president and CEO of Riddell & BRG Sports, has been elected as the new Sports & Fitness Industry Association (SFIA) chairman of the board for a one-year term.
Sports Direct Sees Currency-Neutral Sales Drop 6.4 Percent In First Half
Sports Direct said it expects to increase profits by up to 15 percent this year after reducing losses at House of Fraser. In the first half ended October 27, sales on a currency-neutral basis decreased by 6.4 percent due to the chain’s continued elevation strategy. Revenues in U.S. operations were down due to store closings at Bob’s.
SFIA Sees Progress In Partial Trade Deal
In a statement, SFIA President and CEO, Tom Cove, said in a statement that the “have negatively impacted the sport and health industry, and we are hopeful that this trade agreement comes to fruition.”
Orangetheory Fitness Partners With Apple Watch
Orangetheory Fitness has created a device for members to use Apple Watch to track heart rate data during workouts, along with iOS apps for coaches and sales associates to enhance the member experience both in and out of studio.
Symphony Holdings Acquires Skins
Symphony Holdings Limited announced that it had completed the acquisition of the global trademarks and patents of Skins, the Australian apparel manufacturer known for its compression products.
GNC Welcomes New Chief U.S. Officer
GNC Holdings, Inc. appointed Josh Burris as chief U.S. officer. Burris will be responsible for GNC’s retail and franchise operations, merchandising, supply chain strategy as well as strategic partnerships in the United States.
Track160 Closes $5 Million Funding Round
Track160, a leading optical tracking based sports analytics company, announced a $5 million Series A funding round, led by the ADvantage Sports Tech Fund.
The Dick’s Sporting Goods Foundation Supports El Paso Middle Schools
The Dick’s Sporting Goods Foundation (DSGF) partnered with Kellogg’s Frosted Flakes’ Mission Tiger to give a Sports Matter grant to every public middle school athletic department in El Paso — a total donation of $500,000 — to help give more middle school kids access to sports.
Champion To Sponsor PlayVS
Champion has become the uniform and fanwear provider of PlayVS, the official platform for high school esports competition, to join a number of other esports sponsorships.
New Balance Foundation Reaches $100 Million In Total Grants
Boston-based New Balance Foundation announced it has reached a major milestone of $100 million in total grants to non-profits. From an initial $31,000 grant-making investment in 1981, New Balance Foundation contributions have grown to provide millions in funding to develop high-impact, long-term, sustainable initiatives that enrich the lives of children, their families and their communities.
Nautilus Appoints CFO
Nautilus Inc. announced that Aina Konold has been appointed chief financial officer. Most recently, she was the founding CFO for Gap Inc. in China.
Darn Tough Vermont Appoints Director Of E-Commerce
Darn Tough Vermont, U.S. manufacturer of performance outdoor and lifestyle socks, announced the appointment of Ryan Dahlstrom as Director of E-Commerce. As the company continues to experience growth at retail and online, Dahlstrom will be responsible for the brand’s global e-commerce trajectory and that it remains strategic and complementary to the business model. Having most […]
Topgolf To Open Location In Cleveland
Topgolf Entertainment Group announced plans to open its newest Ohio location in Cleveland at 9 a.m. Friday. The three-level, 65,000-square-foot venue will feature popular Topgolf games and technology, private event spaces and more.
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