Headsweats joins the Mercedes-Benz Corporate Run presented by Turkish Airlines as the official apparel sponsor.
Category: Sports/Fitness
HanesBrands Achieves Leadership Position in CDP 2018 Report
HanesBrands announced that it earned an A- score and took a leadership position in the CDP 2018 Climate Change Report. Hanes has voluntarily reported its carbon emissions data since 2010 to CDP, which was formerly known as the Carbon Disclosure Project.
Puma And NBA Announce Multiyear Partnership
The National Basketball Association (NBA) and Puma announced a new multiyear partnership that will make Puma an official marketing partner of the NBA. Puma will be able to feature athletes in their respective NBA uniforms and team logos.
Shimano’s Revenues Expand 3.6 Percent In 2019
Shimano reported operating income rose 2.1 percent in 2019 as sales improved 3.6 percent.
RYU Apparel Closes First Tranche Of $6 Million Private Placement
RYU Apparel Inc. has closed a first tranche of the non-brokered private placement financing of up to 80 million units at a price of $0.075 per unit for gross proceeds of up to $6 million.
Under Armour Struggles To Revive North America Growth
Under Armour Inc.’s fourth quarter came in better than expected in the fourth quarter due to strong growth internationally and fewer promotions. But sales in North America dropped 6 percent and a return to growth isn’t expected in the region until at least the second quarter. Patrik Frisk, president and COO, “When you’ve lost space on the shelf you got to earn it back and it takes a little bit of time.”
Tough Mudder Partners to Launch On-Demand Fitness Training Program
Openfit, a digital streaming platform, is teaming up with Tough Mudder to create Tough Mudder T-MINUS 30, a 30-day fitness and nutrition program to prepare participants for the physical and mental challenges of a Tough Mudder event.
Garmin Agrees To Acquire Tacx
Garmin Ltd. announced that one of its affiliates has signed a definitive agreement to acquire all of the outstanding shares of Tacx Onroerend en Roerend Goed B.V (Tacx), a privately-held Dutch company that designs and manufacturers indoor bike trainers, tools and accessories, as well as indoor training software and applications.
Fila Extends Partnership With John Isner
Fila announced it has extended its partnership with the top ranked American male, World No. 9 John Isner.
BSN Sports Acquires Johnny Mac’s
BSN Sports has acquired the team sports business of Johnny Mac’s Sporting Goods, based in St. Louis. All nine of Johnny Mac’s stores are expected to close.
Under Armour Q4 Beats Wall Street’s Expectations
Under Armour Inc. reported better-than-expected fourth-quarter earnings and revenue, boosted by apparel sales and growth overseas. North America revenue decreased 6 percent but losses in the region were significantly reduced. The company maintained its outlook for 2019.
Retail Roundup … 7 Reports For February 2019
Retail studies arrived over the last two weeks around the state of influencer marketing, the link between inventory efficiencies and markdowns, turning one-and-dones into recurring customers, brands’ opportunities to “mend A divided nation,” and more…
Oppenheimer Sees Nike’s Shares Cracking $100
Oppenheimer in a note raised its price target on Nike to $100 from $90 due to greater confidence in the company’s ability to continue to improve margins.
Garneau Appoints New Sales Director
Louis Garneau USA has announced the appointment of Jerry Newray as sales director for its U.S. operations, effective February 11.
FlexIt Announces Partnership With NormaTec
FlexIt, the pay as you go gym app that enables users to work out where and when they want, on Monday announced a partnership with NormaTec, a company that specializes in compression recovery technology for athletes, to promote education and access to post-workout recovery.
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