New HanesBrands CEO is a Shift, But No Shakeup Amid Slowing Sales
Investors weren’t particularly wooed, sending the stock down nearly 4 percent following the news.
Vittoria Invests in Italian Smart Hub Startup Zehus
Vittoria Industries Ltd. has acquired a stake in Zehus that will hasten the Italian start-up company’s launch this fall of its smart hub as well as development of new power technologies for e-bikes.
Blackburn Names Hawley Exclusive US Distributor
Blackburn, the maker of cycling trainers recently acquired by Vista Outdoors Inc., has awarded exclusive U.S. distribution rights to Hawley of Lexington, SC.
CycleBar Opens in Los Gatos, CA
CycleBar, a boutique indoor cycling studio, will open its Los Gatos, CA location in late summer 2016.
Franklin Sports Supports Urban Baseball and College Prep Program
Franklin Sports formed a new partnership with The BASE, a pioneering urban baseball and college prep program based in Roxbury, MA.
GoPro Mountain Games Predicts Record Turnout
Participation and attendance at the 15th annual GoPro Mountain Games held in Vail, Colo. this past weekend likely will set a record, event organizers reported…
Pou Sheng Sales Up 3.4 Percent in May
Pou Sheng International (Holdings) Limited reported revenues grew 3.4 percent in May compared with a year earlier, putting the Chinese footwear distributor’s year-to-date sales 6.9 percent ahead of the first five months of 2015.
NSGA Appoints New Board Members
The National Sporting Goods Association (NSGA) appointed John Oehler, from Dunham’s Sports, and Jerry Williams, or Schuylkill Valley Sports, to its board of directors.
HanesBrands Promotes Gerald Evans Jr. to CEO
HanesBrands, the parent of Hanes, Champion, Gear for Sport and a number of intimate apparel brands, said that as part of leadership succession plan, Chairman and Chief Executive Officer Richard A. Noll will be narrowing his role.
Shock Doctor Partners With NBA
Shock Doctor announced a multiyear partnership with the National Basketball Association (NBA) to promote mouthguard adoption among basketball players.
Iconix Revises Outlook on Debt Deal
Iconix Brand Group Inc., the parent of Starter, Umbro and Danskin, slightly reduced its earnings guidance as it reached an deal to repurchase a portion of our outstanding convertible notes.
Report: Nike Signs Buddy Hield
Nike has signed Buddy Hield, expected to become a top-ten pick in the upcoming NBA Draft, to an endorsement, according to The Vertical.
Report: Adidas Signs Jaylen Brown
Adidas has reportedly signed Jaylen Brown, a projected 2016 lottery pick in the upcoming NBA Draft.
Asics Adds Amateur Runners to Beat the Sun Challenge
Asics announced that amateur runners Sarah Brown (Ariz.), Benjamin Farrell (Md.), and Kelsey Landrum (Texas) have been selected to take part in the ‘Beat the Sun’ challenge.
Father’s Day Spending Expected to Reach Record
Consumers are expected to spend an average $125.92 for the holiday, up from last year’s $115.57, according to the National Retail Federation’s annual survey.
