Under Armour Opens Fourth Brand House In London
Under Armour opened a Brand House store on Oxford Street, marking its fourth store in London. Zara, the multi-national retail clothing chain, once occupied the space.
Dick’s Sporting Goods Named U.S. Anchor Retail Partner for Lotto
WHP Global, owner of Italian soccer brand Lotto Sports, reported that Dick’s Sporting Goods would serve as the U.S. anchor retail partner for Lotto’s soccer and tennis products.
Polartec Hires New Sales Manager for Europe
Effective immediately, Polartec hired Sergi Pérez as its new sales manager for Europe.
Vista Outdoor Appoints CEO of Outdoor Products Segment
Vista Outdoor, Inc. hired Eric Nyman as CEO of the company’s Outdoor Products segment and appointed him as a board member, effective August 21. Most recently, Nyman was president and chief operating officer of Hasbro, Inc.
Mips AB Comments on Nasdaq Stockholm Disciplinary Committee’s Fine
Nasdaq Stockholm’s disciplinary committee imposed a fine on Mips AB of two annual fees, equivalent to an amount of SEK 1.7 million as a result of the company’s information disclosure procedures.
EXEC: Saucony’s New President Looks to Lean Into Innovation
Saucony, which is celebrating its 125th anniversary in 2023, in June named Rob Griffiths president. Here, Griffiths talked with SGB Executive about the brand’s authenticity and commitment to innovation, opportunities away from the run business, and his message to the run specialty community.
Pacsun Opens First Store Dedicated to Activewear
Pacsun opened its first dedicated activewear store in the Mall of America. The company named the 1,500-square-foot space PAC1980 after its newest activewear collection and pays homage to the year the brand was founded.
BodyArmor Founder Acquires Majority Stake in Nobull
Mike Repole, the founder of Vitaminwater and BodyArmor, acquired a majority stake in Nobull, the training footwear and apparel brand. Terms were not disclosed.
EXEC: Mips AB Sees Q2 Sales Halved on Tough Bike Inventories, Late Season Start
Swedish helmet technology provider Mips AB saw second-quarter revenues cut in half from the year-ago comparable period, led by a continued sharp decline in the company’s Sport and Moto businesses.
The Running Event Partners with NSRA to Open TRE to Indie Shoe Retailers
The Running Event (TRE) has partnered with the National Shoe Retailers Association (NSRA) to grow TRE’s support of the specialty retail industry.
UPS Returns to Negotiating Table with Union
United Parcel Service said it would return to the bargaining table with a better offer for roughly 340,000 Teamsters-represented U.S. workers before their contract expired on July 31.
CPSC Warns Consumers to Stop Using SQM Bike Helmets Sold on Amazon
The U.S. Consumer Product Safety Commission (CPSC) issued a warning to consumers to stop wearing SQM bicycle helmets. The helmets could fail to protect riders in the event of a crash, posing a risk of head injury. The seller, SQM, headquartered in China, has not agreed to recall the helmets.
SFIA and Running USA Announce Strategic Partnership
The two active lifestyle industry research companies will offer their members reciprocal discounts on reports and collaborate on upcoming new research.
Canada Ports’ Wage Agreement Rejected, Strike Threat Continues
Canada’s west coast ports’ dockworkers’ union voted against the federal mediator’s “recommended terms of settlement” for the contested collective bargaining agreement, threatening to again shut down British Columbia’s ports.
Life Time Partners with Australian Activewear Brand LSKD
Life Time signed an agreement with LSKD, the Australian activewear company, to outfit its nearly 5,000 female coaches, instructors and trainers across its more than 165 athletic country clubs in North America. It has a similar agreement with Ten Thousand as the exclusive men’s fitness training apparel brand.
