Asics Buys Njuko Sas Of France
Asics Corp. acquired Njuko SAS, a race registration platform for running events in Europe. With the acquisition of Njuko, Asics offers race registration services worldwide.
Soccer Post Receives Investment From Private Equity Firm
Soccer Post, the largest chain of soccer specialty stores in the U.S., has secured an investment from TZP Group, the private equity firm. Soccer Post announced that Alex Morgan, the American professional soccer player, has become an investor and brand ambassador.
F45 Training CFO Steps Down
F45 Training Holdings Inc. announced that Chris Payne, the company’s chief financial officer and a member of the Board of Directors, stepped down effective November 15, 2022 to address “immediate personal and family matters in Australia.”
Caleres’ Q3 Tops Wall Street Targets
Caleres continued its strong performance in the third quarter, achieving record quarterly sales and delivering another period of solid earnings. Sales grew 1.8 percent as a 7.6 percent sales increase in the Brand Portfolio segment offset a slight decline at Famous Footwear.
Dick’s SG Raises Outlook As Third Quarter Beats Plan
Dick’s Sporting Goods reported third-quarter earnings were down year-over-year due to lower gross margins but easily topped Wall Street expectations as same-store sales grew 6.5 percent. The sporting goods retailer lifted its guidance for the year.
OrthoLite Cirql Names Sales Director, Ho Chi Minh City, Vietnam
OrthoLite hired Juan Cutina as sales director for OrthoLite Cirql, headquartered in Vietnam, where Cutina is based. He joins the company with more than a decade of experience in footwear manufacturing in Vietnam.
Nike Opens First Nike Rise Location In North America
Nike opened Nike Aventura, located in Miami, FL. The location is the first Nike Rise store in the U.S. and “signals the next stage of our retail expansion in North America,” according to a Nike press release.
Nike Extends Contract With UNI
Nike renewed its partnership with The University of Northern Iowa (UNI) Athletics through a partnership with BSN Sports.
Rad Power Bikes CEO Steps Down
Rad Power Bikes CEO Mike Radenbaugh has stepped down, replaced by Phil Molyneux, who joined the Seattle-based e-bike company as president and COO earlier this year.
Rapha CEO Steps Down
Rapha, the U.K.-based cycling apparel brand, reported that William Kim had stepped down as CEO for personal reasons. He will be replaced by Francois Convercey and Daniel Blumire who were appointed as joint managing directors.
TeamSnap Acquires LeagueSide
TeamSnap, the provider of sports management software and the youth sports online community, acquired LeagueSide, the community sports sponsorship platform.
How To Win Over Customers On Black Friday And Cyber Monday
Discover why sporting goods retailers all over the world use Lightspeed to run and grow their businesses.
IHRSA’s 2022 Health Club Consumer Report Shows Slow Recovey
IHRSA’s 2022 Health Club Consumer Report showed lingering impacts from COVID closures and only partial industry recovery even as consumers expand participation in programs to benefit physical and mental health.
L2 Brands Acquired By PE Firm
L2 Brands, the manufacturer of custom apparel and headwear for the collegiate, destination, leisure, and corporate markets was acquired by Sentinel Capital Partners. The financial terms were not disclosed.
Fila Resets Innovation And Design Teams In Reorganization
Fila Holdings Corp. announced reorganizing its global teams to support the establishment of its Futura Innovation Team, focused on innovation and sustainability, and Design Team, tasked with developing global product ranges. Key hires include Luca Bertolino, Mikal Peveto, David Bond, Torsten Hochstetter and Paola Loglisci.
