Peloton opened a new yoga studio in New York City. The Peloton Yoga Studio, now open to the public, is located at 152 Christopher Street in the West Village’s historic Archive Building, alongside the Peloton Tread Studio.
Category: Sports/Fitness
STX And 200×85 Announce The STX 68 Elite Girls’ Hockey Camp
STX, the maker of equipment for ice hockey, lacrosse, and field hockey, and 200×85, the leader in youth hockey tournament and training experiences, announced an expansion of the elite hockey prospect camp, the STX 68, to include a girls’ camp in 2019.
Guardian Athletics Partners With Rich Gannon
Guardian Athletics, the maker of the Kato Collar for concussion protection, announced a partnership with Rich Gannon, former NFL quarterback and CBS Sports game analyst.
Chinese Investor Consortium Reaches Agreement To Acquire Amer Sports
A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at €4.6 billion (US$5.23 billion) and Amer’s board is recommending shareholders approve the offer. The consortium plans to operate Amer Sports independently from Anta, with a separate board of directors.
Aisle Talk Week Of December 3
Top headlines from the active lifestyle industry you may have missed this week, including big news from trade show owner Emerald Expositions, which canceled Interbike (pictured) for 2019 and also shortened Outdoor Retailer Summer Market and Winter Market from four days to three days.
Emerald Expositions Cancels Interbike For 2019, Terminates Show Staff
Emerald Expositions, the owner of the annual Interbike show, announced Thursday evening that the Interbike trade show will not take place in September 2019 in Reno, NV, as previously scheduled.
Nike Appoints VP Of Diversity And Inclusion
Nike has appointed Tamika Curry Smith as its new VP of diversity and inclusion, according to a report from Black Enterprise.
U.S. Soccer Foundation Files Lawsuit Against U.S. Soccer Federation
The lawsuit was filed in the wake of a recent demand by the USSF that the Foundation cease using its widely-recognized name and logos, which have defined the Foundation’s brand and charitable work since its inception in 1994.
Genesco Sees U.S. Footwear Business Offset Lids’ Struggles
Boosted by a 9 percent comp gain at Journeys, Genesco Inc. reported its highest quarterly comparable sales increase in more than 2.5 years. Adjusted earnings easily topped Wall Street’s targets. Lids continues to face weak headwear trends and the sales exploration of the business is taking longer than anticipated.
Run Specialty Re-Finds Its Stride
With a spurt of innovation, a healthy shake-out of stores, and a number of nimble adjustments to the changing retail landscape, run specialty is back in growth mode, according to participants at last week’s The Running Event in Austin.
Amer Close To Signing Anta Merger Deal
Amer Sports is in final negotiations regarding a merger with a consortium led by China’s Anta Sports, according to reports from Reuters and Bloomberg.
Genesco Tops Wall Street Targets On Accelerating Comps
Genesco Inc. reported third-quarter earnings topped Wall Street’s consensus target as comps increased to their highest level in more than two years driven by the ongoing strength at Journeys and Johnston & Murphy. While still negative, sales trends at both Lids and Schuh continued to improve. The company narrowed its guidance for the year.
VF Corp. Announces Name For Jeanswear Spinoff
VF Corporation announced that Kontoor Brands, Inc. will be the name of the independent, publicly traded company that will result from its previously announced separation of VF’s Jeanswear organization.
Behind The Deal: How Callaway Aced The Jack Wolfskin Acquisition
Anyone who looks beyond the surface of Callaway Golf Co.’s agreement to acquire Jack Wolfskin for $476 million will see that reducing it to the simplistic “golf company buys outdoor brand” doesn’t capture the depth of the deal. The acquisition makes sense on multiple levels for both companies amid the blurring of channels, product lines and even consumer habits.
Global Golf Innovation Competition Announced For 2019 PGA Merchandise Show
The inaugural Global Golf Innovation Competition, a new “Shark Tank”-style of competition for golf startups, was announced Wednesday for the 2019 PGA Merchandise Show, in Orlando, FL.
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