Chelsea FC Inks Its Largest Commercial Deal With Nike
The new technical partnership with Nike makes the swoosh the official kit supplier beginning in the 2017/18 season.
PeopleForBikes Launches Networking Event Series
Draft: A PeopleForBikes Meetup will debut in the D.C. Metro Area and Los Angeles on October 18, followed by Duluth, MN and Park City, UT in the following weeks.
Icon Promotes Chris McGill To FreeMotion VP Of Sales
Dan Toigo, who was recently promoted to senior vice president of Icon health and fitness and managing director of FreeMotion Fitness, selected McGill because of his 26 years of experience in the industry.
Under Armour Extends Partnership With Utah Athletics
Under Armour becomes the official outfitter of Utah’s varsity intercollegiate athletic programs through June 2027.
Falling British Pound Hurts Sports Direct; CFO Resigns
Extreme swings in the pound are expected to reduce earnings by £15 million next year, the company warned.
Sports Direct CFO Resigns
Chief Financial Officer Matt Pearson plans to exit at the end of the year to accept another job.
Play It Again Parent Sees Q3 Profit Gains
Earnings for the franchisor rose 14.9 percent due to an increase in customer activity within the company’s lease portfolio and reduced expenses.
Newell Brands To Sell Tools Business
The sale comes a week after announcing plans to sell about 10 percent of its portfolio, including the K2, Völkl, Marker and Zoot brands.
Big 5 Sporting Goods Amends Settlement With Stadium Capital
Stadium Capital Management has agreed not to exercise its right to nominate a new board director following the resignation of Dominic DeMarco on September 9.
RECALL: 1,000 Specialized S-Works Road Bikes
The company recalled the 2016 Venge Vias and Venge Pro Vias road bicycles after learning the rear wheel can slip from the drop out and damage the rear triangle.
What’s Your Overtime Plan For The Next Trade Show?
Beyond the larger implications of the updated rules, the active-lifestyle industry will have to address overtime hours at trade shows.
Acquisition Talks With Performance Sports Group Heat Up
Owner of Bauer, Easton and Maverik says it’s had talks with interested parties, but no deal has been reached. This follows reports that Brookfield Asset Management Inc. is exploring a bid.
Warren Kanders Buys Stake In Carve Designs
With a significant investment in the women’s swim and beach wear company, Kanders is now the largest investor in, and chairman of, four active lifestyle companies.
Yaktrax, DryGuy, Falke Form Cold Conquerors Team
The ambassadors will receive traction and warming products from Yaktrax, apparel from Falke and a range of dryers from DryGuy.
Canadian Tire Bank Head Retires
Canadian Tire Corp. will see its President and CEO Mary Turner retire from her role, effective December 31, 2016. Gregory Craig, SVP of Canadian Tire Bank, will assume the role.
