Tissot, the Official Watch of the NBA, has signed partnership deals with the Chicago Bulls and Washington Wizards as well as with NBA players, Klay Thompson and Trae Young.
Category: Sports/Fitness
Sears Files For Bankruptcy; To Close 142 More Stores
Sears Holdings, the parent of Sears and Kmart, filed for Chapter 11 bankruptcy early Monday morning after a long battle to stay afloat amid steep declines in sales and customer traffic. As part of the bankruptcy, Sears will shutter 142 stores toward the end of the year.
K-Swiss Supports United We Dream
K-Swiss announced the launch of a limited-edition DREAMer pack in support of United We Dream, the largest immigrant youth-led organization in the nation that organizes and advocates at the local and national levels for the dignity and justice of immigrants and communities of color in the U.S.
Implus Amplifies One-Stop-Shop Empire With SKLZ
In an interview with SGB Executive, Seth Richards, CEO of Implus, and Todd Vore, president, discuss the company’s game-changing acquisition of SKLZ, what it means to its expanding fitness platform and the evolution of Implus’ dynamic one-stop-shop solution for accessories that now covers 20 brands.
Under Armour Settles Lawsuit With Armore
Under Armour has reached an undisclosed settlement with Oklahoma-based exercise equipment company Armore according to the Associated Press.
18th Annual Spalding Hoophall Classic Presented Draws Elite Talent
The Naismith Memorial Basketball Hall of Fame announced the field of teams and game schedule for the 2019 Spalding Hoophall Classic presented by Eastbay, an annual basketball showcase now in its eighteenth year at Springfield College.
STX Extends Partnership With USA Hockey
STX and USA Hockey, the national governing body for the sport of ice hockey in the United States, announced an extension to their partnership.
Eastbay Partners With Snap! Raise
Group fundraising solution Snap! Raise announced a new partnership with Eastbay, owned by Foot Locker Inc.
PGA Of America Appoints Board Member
Andrea B. Smith, chief administrative officer (CAO) at Bank of America, has been elected to the PGA Board of Directors as an independent director.
Report: Sears May Liquidate Before Holiday Selling
A bankruptcy filing by Sears Holdings, the parent of Sears and Kmart, is expected as soon as Monday when a major debt payment comes due. But sources told the Wall Street Journal that some of the company’s major lenders are pushing for an outright liquidation to avoid any bankruptcy restructuring phase. A liquidation would waylay the fitness equipment category and add promotional pressures to holiday selling.
Aisle Talk Week Of October 8
Top headlines from the active lifestyle industry you may have missed this week, including Asics announcing the opening of an urban, large-scale, low oxygen training center in Tokyo in September 2019.
Asics To Operate New Low-Oxygen Training Center
Asics announced the opening of an urban large-scale low oxygen training center in September 2019. The training center will be housed within a multi-purpose facility in Tokyo’s futuristic Toyosu district and will be approximately 5,000 square meters and occupy the second and third floors of the facility.
Fukuoka SoftBank Hawks And Fanatics Announce Innovative New Partnership
The new long-term strategic partnership, which will run for 10 years from March 2019, is the first for Fanatics in Asia.
Adidas Hires New General Counsel
Adidas has hired Jan Heinemann, Bayer’s former U.S. head of law, patents and compliance, as the company’s newest general counsel, according to law.com.
Salomon Socks Secures Canadian Licensee
Intersocks Group announced the appointment of In-Sport Fashions Inc. as the company’s Canadian distributor for licensed Salomon socks. The deal will give Canadian retailers renewed access to Salomon’s collection of alpine ski, nordic ski, trail running and outdoor socks.
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