Under Armour Taps Yuron White as SVP, Sportswear, Run, Basketball/Curry & Collabs
White joins Under Armour from New Balance, where he was the VP of Global Lifestyle, Basketball and Innovation. Before that, he worked at Nike where, most recently, he was the VP of Performance Sports and Cross Category Concepts.
Amer Sports Divests Cycling Manufacturer ENVE Composites to Utah Firm
Founded in 2007, ENVE is one of the few U.S. cycling brands with all-American in-house manufacturing of high-tech bike performance products, including wheels, components and bikes.
Daisy Manufacturing Acquires Compass Diversified’s Crosman Air Gun Division
The deal gives Daisy ownership of the designer, manufacturer and marketer of air guns, accessories and related consumables sold under the Crosman, Benjamin, Game Face, LaserMax and Centerpoint Optics brands.
Anytime Fitness Master Franchisee Expands Into Germany
Eighty-8 will continue to operate as a local subsidiary of Fast Fitness Japan as the master franchisee for Anytime Fitness in Germany.
Wolverine Worldwide Enters Licensing Agreements for Merrell and Saucony Brands
WWW entered two new global licensing agreements as part of its ongoing “strategic transformation” into a brand-led growth company for Merrell and Saucony kids footwear and Merrell apparel and accessories.
Big 5 Sporting Goods Falls to Q1 Loss as Comps Fall 13.5 Percent
The company said the calendar shift of the Easter holiday, during which the company’s stores were closed, from Q2 2023 to Q1 2024, negatively impacted sales comparisons by approximately 100 basis points.
Rocky Brands Swings to Q1 Profit as Organic Sales Grow 7.6 Percent
The owner of the Rocky, Georgia Boot, Durango, Lehigh, The Original Muck Boot Company, Xtratuf, and Ranger brands divested the Servus brand in the year-ago period, which boosted sales and margins on an organic basis.
Rocky Brands Inks Comprehensive Debt Refinancing Deal
The debt refinance agreement includes a $175 million revolving credit facility and a $50 million term facility, amending and restating the company’s existing $175 million revolving credit facility with Bank of America.
Fanatics Adds Sunderland AFC to Football Club Portfolio
Fanatics becomes the exclusive operator for the Club’s online and stadium store and includes a significant investment in a new retail store at the Stadium of Light.
Vista Outdoors Postpones Investor Day as it Measures Suitor’s Interest
Initially scheduled for May 29, the event will now take place early in the fall at the company’s Adventure Sports headquarters in Irvine, CA. The company will share the rescheduled date closer to the event.
One Stop Sports Rebrands to Replay Sports Cards
With national expansion on the horizon, the team is focused on building a “robust” training program for future Replay Sports Cards shops nationwide. Community Franchise Group is assisting in the company’s growth.
Anderson Manufacturing Appoints New CEO
Jeff Stawiarski took the helm as CEO of the family-owned company, effective April 29, reinforcing Anderson’s commitment to innovation and growth in the manufacturing of rifles, parts and accessories.
German Precision Optics Hires Northeast Sales Group
This strategic partnership with Pestilli Group marks a significant milestone in GPO’s growth in the U.S. and for both companies.
Thompson/Center Arms Acquired by Former Owner
Gregg Ritz, the former owner of Thompson/Center Arms acquired the company to “reinvigorate the brand and its legacy in the firearms market.”
Wolverine Worldwide Appoints Chief Legal Officer and Corporate Secretary
Dave Latchana was promoted to chief legal officer and corporate secretary, overseeing the company’s legal, compliance, corporate communications, risk management, ESG, security, and loss prevention functions.