SGB Update Footwear
Orthotics Holdings Secures New Ownership
Orthotic Holdings Inc., the maker of custom medical devices, secured a majority investment from Summit Partners Credit Advisors.
Christy Sports Acquires Grizzly Outfitters
Christy Sports acquired Grizzly Outfitters, the specialty outdoor retail and rental operator in Big Sky, MT. The terms of the deal were not disclosed.
Hergert’s Sport Center Owners To Retire
The owners of Hergert’s Sport Center in Oshkosh, WI, Bob and Ralph Hergert, are retiring after over 60 years.
Kizik Names Former Hoka Brand President As Board Member
Kizik added Wendy Yang, who recently stepped down as president of Hoka, to its Board of Directors.
JD Sport’s Marketing Director Joins Hugo Boss
German fashion brand Hugo Boss hired Nadia Kokni, formerly global group marketing director at JD Sports Fashion, as SVP of global marketing.
Adidas Renews Lease On Downtown Manhattan Flagship
Adidas has signed a 10-year renewal for its downtown flagship store at 610 Broadway.
Jordan Brand Opens New Store In Milan
Jordan Brand opened its first World of Flight concept store in Milan, Italy. In a statement, the company described the store as “the future of Jordan retail.”
Eastbay To Shutter At End Of The Year
Eastbay announced on its website that it will close at the end of the month.
Report: NFL Invests In Nobull
The National Football League (NFL) has made an investment in training apparel and footwear brand Nobull via the league’s 32 Equity investment fund.
Li Ning Company Adds Independent Non-Executive Director To Board
The board of directors of Li Ning Company, Ltd. appointed Wang Yajuan as an independent non-executive director, effective December 21.
Report: U.S. Holiday Season Retail Sales See Strong Results Aided By Inflation
U.S. retail sales, excluding automotive, increased 7.6 percent year-over-year this holiday season, according to a report from Mastercard SpendingPulse.
Netflix To Stream Nike Training Club Content For Members
Netflix reported it will begin streaming Nike Training Club workouts as part of its content, effective December 30.
Pentland Brands Promotes Rock As President, Americas
Pentland Brands, Ltd. announced that Matt Rock was promoted to president, Americas, Pentland Brands, overseeing Speedo and the company’s portfolio, including Endura and Mitre for the Americas region.
Under Armour Appoints New Corporate President & CEO
Under Armour, Inc. hired current Marriott International President Stephanie Linnartz as president & CEO and as a member of UA’s Board of Directors, effective February 27, 2023.
Primark Opens New Store In City Point, Brooklyn
Primark, the international value fashion retailer, opened a new store in City Point, Brooklyn, NY.
