Title Nine Movers And Makers Pitchfest Announces Winners
Title Nine, one of the largest, and the original, woman-owned independent specialty retailer in North America, held its second annual Movers and Makers Pitchfest this past weekend.
Bipartisan Fish Habitat Conservation Bill Passes U.S. House Committee
The U.S. House Committee on Natural Resources today passed a bipartisan bill that authorizes a successful public-private partnership program to conserve and restore fish habitats nationwide for the benefit of America’s 49 million recreational anglers.
2020 Racquet & Paddle Sports Show Schedule of Events Announced
The 2020 Racquet & Paddle Sports Show schedule of events was announced Wednesday for the global racquet sport industry event taking place January 21–24, 2020, in Orlando, FL.
Head/Tyrolia Promotes Cameron Smith To Lead U.S. Competition Department
Head/Tyrolia announced Wednesday the promotion of Cameron Smith to the position of U.S. competition and team manager. In his expanded role, Smith will manage all athlete relations, sponsorships and racing products for Head/Tyrolia, USA.
Foot Locker Announces $3 Million Investment In NTWRK
Foot Locker Inc. announced Wednesday its most recent strategic investment in NTWRK, a youth culture e-commerce and content platform. With this $3 million investment, Foot Locker and NTWRK will bring together the world’s best brands utilizing NTWRK’s highly compelling episodic format to release exclusive products, original content and access to the biggest names in youth culture.
Hibbett Announces Appointment Of Interim Chief Financial Officer
Hibbett Sports Inc. announced that Scott R. Humphrey is joining the company as interim chief financial officer effective September 29, 2019, replacing Christine Skold who fulfilled her contract term and has accepted a full-time permanent position in Nashville.
VF Corp. Targets 7-To-8 Percent Annual Growth
VF Corp. said it is targeting a five-year compounded annual growth rate (CAGR) between 7 percent and 8 percent through fiscal 2024, fueled by VF’s largest brands (Vans, The North Face, Timberland and Dickies) and the company’s international and direct-to-consumer business platforms.
Oros Completes Portland Relocation
Oros has finalized its move into the brand’s new Portland-based headquarters since relocating from Cincinnati. Along with the move, Jeff Nash, formerly at North Face, has been appointed to head up product innovation as chief technology officer and VP of product
The Clash Sues Wilson Over Its ‘Clash’ Tennis Rackets
The Clash, the legendary punk band from the ’70s, filed a lawsuit against Wilson Sporting Goods over tennis rackets it says bears The Clash name.
PHIT America Gets Multi-Million Dollar Commitment
PHIT America said Julia Love Pritt Private Foundation has become its first Presenting Sponsor who will help further achieve its goal of getting millions of more kids physically active and playing sports.
Varsity Brands’ Debt Ratings Lowered
Standard & Poors lowered the debt ratings of Varsity Brands, the parent of BSN Sports, Varsity Spirit and Herff Jones. The rating agency said the company continues to perform below its expectations due to high operating expenses, resulting in weaker-than-expected profitability and adjusted leverage above 10 times.
Schuylkill Valley Sports Partners With PA-Wrestling.com And Asics
Schuylkill Valley Sports has become the official retail partner of PA-Wrestling.com and is partnering with Asics to provide wrestling shoes, equipment, special deals, and offers throughout the year.
Nike’s Q1 Blows Past Estimates
Nike Inc. reported earnings in the first quarter ended August 31 rose 25.2 percent and easily surpassed Wall Street’s targets. Currency-neutral sales grew 10 percent, led by a 27 percent jump in China and low-teens gains in both the EMEA and APLA regions. North America’s sales grew 4 percent.
Vail Resorts Closes Acquisition of Peak Resorts
Vail Resorts Inc. on Tuesday announced that the company has closed on its acquisition of Peak Resorts Inc. for a purchase price of $11 per share, or roughly $264 million.
China’s Topsports Seeks To Raise Up To $1.2 Billion in IPO
Topsports International Holdings Ltd, the sportswear business of Chinese footwear retailer Belle International, launched a Hong Kong initial public offering (IPO) to raise up to $1.2 billion, according to Reuters.
