Alex Brands To Acquire U.S. Foam Corp

Alex Brands Inc., the maker of Poof foam sports balls, announced its intention to acquire  US Foam Corp, bringing together two companies with deep roots in “Made in America” manufacturing and creating a powerhouse in the foam sports ball category.

Alberto Salazar Banned For Four Years For Doping Violations

Alberto Salazar, the former star runner and a coach to top runners, has been banned from the sport for four years for doping violations. The United States Anti-Doping Agency (USADA) found that Salazar had been “orchestrating and facilitating prohibited doping conduct” while he was head coach of Nike’s Oregon Project.

A4 Launches Online Custom Design Studio

A4, manufacturer of premium sportswear and team uniforms, announced the launch of its new Custom Design Studio. The new platform is available from www.A4.com and allows customers to decorate and order garments online.

Peloton Prices At Top Of Range For $8.2 Billion Valuation

Peloton priced its initial public offering at $29 a share, at the top of its projected price range released earlier this month. The pricing gave the provider of at-home fitness equipment and accompanying streaming fitness services, a valuation of $8.2 billion.

Kering Reduces Puma stake

Kering is moving to reduce its stake in Puma by issuing bonds that can be exchanged for shares in the brand, according to Reuters.