SXSW Announces Finalists For 2018 Accelerator Pitch Event
DashTag, KidzToPros, Nix, Tellyo and UPGRADED were the finalists in the Sports and Performance category for the 10th annual SXSW Accelerator Pitch Event.
Alterra Mountain Company Is Born
The joint venture of affiliates of KSL Capital Partners and Henry Crown and Company that curated 12 premier destinations in North America, now has a name: Alterra Mountain Company.
Scarpa Names Rep Group of the Year: End 2 End Outdoors
Scarpa North America named End 2 End Outdoors, its sales agency in the South Central U.S., as its Sales Rep Group of the Year for 2017.
Macquarie Capital Downgrades Under Armour To Underperform
Macquarie Capital downgraded its rating on Under Armour to “Underperform” due to sales, margin and capital concerns. Sales In North America are expected to be pressured by the speculated exit out from tennis and some outdoor categories as well as continued challenges from Academy Sports & Outdoor.
Deutsche Bank Upgrades Dick’s On Signs Of Stabilizing Industry
Deutsche Bank upgraded its rating on Dick’s Sporting Goods to “Buy”’ due to the signs of more-favorable trends in footwear and inventory pressures across the industry lessening.
Compass Diversified Holdings Names New CEO
Compass Group Diversified Holdings LLC announced that Elias J. Sabo, a founding partner of the company’s manager, Compass Group Management LLC (CGM), has been appointed as the company’s chief executive officer, effective May 3, 2018.
Under Armour To Host 2nd Annual Mountain Running Series
Under Armour announced the race dates and locations for the 2nd annual Under Armour Mountain Running Series, presented by Gore-Tex Products
Vibram Expands West With New Portland Office
Vibram announced the opening of its new office in Portland, OR. In doing so, Vibram announced several new positions including a dedicated sales, design and development team to support existing clients based in the Northwest and to serve new business opportunities throughout the West.
Saucony Athlete Molly Huddle Breaks Half Marathon Record
Two-time Olympian and Saucony athlete Molly Huddle broke the American record for the half marathon by running 1:07:25 to finish in seventh place at the 2018 Houston Half Marathon on Sunday. Deena Kastor had held the record.
NRF Foundation Gala Raises $2.8 Million For Education
The fourth annual NRF Foundation Gala took place Sunday, January 14, at Pier Sixty in New York City, featuring an uplifting awards program and formal dinner that included both silent and live auctions.
Big Rock Sports Announces Nashville Show
Big Rock Sports LLC announced that the outdoor distributor will consolidate its annual January shows into one industry-leading event next year in Nashville, TN.
Football’s Popularity Slips, But Still Overwhelmingly Americans’ Favorite Sport
Football is still the most popular U.S. spectator sport, but it is losing some popularity. While well below football, basketball and both soccer are both gaining ground with soccer now nearly matching baseball’s popularity.
Garmont Finds Equity Partner
Garmont International Srl, the maker of performance footwear brand for mountaineering, hiking and other outdoor pursuits, announced that Wayne Edy has become a partner in the share capital of the company.
True Fit Secures Investment
True Fit, the data-driven personalization platform for apparel and footwear, announced a new $55 million Series C investment, led by Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital.
Mammut Signs Sierra Blair-Coyle
Mammut signed Sierra Blair-Coyle, an elite climber, to its ambassador team.
