SGB Footwear

Asics Invests In Virtual Reality Exercise

Asics Corp. announced that its investment subsidiary, Asics Ventures Corp., had invested in Valkyrie Industries, Ltd., a London-based startup that combines virtual reality with electrical muscle stimulation. The funding amount was undisclosed.

New Balance To Build Plant In Londonderry

New Balance plans to build a manufacturing plant near the Manchester-Boston Regional Airport in Londonderry, NH; this is the company’s sixth factory in the U.S. The others are in Maine and Massachusetts.

REI To Open Re/Supply Store In Clackamas, OR This Summer

REI Co-op will open a Re/Supply store selling used gear and apparel in Clackamas, OR in late August 2023. Located in the Clackamas Town Center, the 16,113-square-foot store will open a few doors down from the co-op’s existing store which opened in 2007.