WellBiz Brands Appoints CEO Of Fitness Together Franchise
WellBiz Brands Inc., a franchise portfolio company operating three distinct wellness, fitness and beauty brands, Elements Massage, Fitness Together and Amazing Lash Studio, announced that Stephanie Hu will be joining Fitness Together Franchise, LLC as CEO.
Tailored Brands Enters Licensed Collaboration With NFL
Men’s Wearhouse and Jos. A. Bank, both subsidiaries of Tailored Brands, Inc., announced a multi-year licensing agreement with the National Football League.
Top Of The World Partners With Spyder
Top of the World and Authentic Brands Group (ABG) announced a partnership to create a Spyder collegiate apparel collection. The Spyder assortment will launch in major retailers including Dick’s Sporting Goods, Amazon, Lids, Scheels and select campus bookstores this September.
Dick’s Sporting Goods Opening Two New Stores In September
Dick’s Sporting Goods on Tuesday announced it will expand its nationwide footprint with the opening of two additional stores in September, in Kennewick, WA, and Plymouth Meeting, PA.
China Files WTO Complaint Against U.S.
On Monday, Beijing filed a complaint against Washington at the World Trade Organization over U.S. import duties. China claimed the latest round of tariffs violated a consensus reached by leaders of both countries in Osaka, Japan.
J.C. Penney’s Debt Rating Downgraded By S&P
Standard & Poors Corp. lowering its debt ratings on J.C. Penney Corp. Inc. due to continued revenue declines and the increasing likelihood that they’ll have to pursue a distressed debt exchange.
DTC Shoe Brand Atoms Secures $8.1M In Series A Round
Atoms, the DTC (direct-to-consumer) shoe brand, has raised $8.1 million in a Series A funding round, according to TechCrunch.
PlayerMaker Becomes First Performance Partner To BetVictor Northern Premier Football League
PlayerMaker, the leading international sports data analytics start-up, has teamed up with the BetVictor Northern Premier Football League (NPL), becoming the U.K.-league’s first-ever player performance partner.
Surf Expo Cancelled Due To Hurricane Dorian
Due to the continued threat of Hurricane Dorian on Orlando, the state of Florida, the southeast and the east coast, Surf Expo announced that it will cancel the 2019 event, as well as the pre-show outdoor festival, Waterfest, on September 4, at the Orange County Convention Center in Orlando, FL.
Bravo Sports Acquires Dwindle Distribution
Bravo Sports, a portfolio company of Transom Capital Group, has acquired Dwindle Distribution. The seller was Globe International. No financial terms were disclosed.
Two Former VF Executives Join Abercrombie & Fitch
Abercrombie & Fitch Co. announced two key senior hires to lead its Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. Daniel Le Vesconte and Olga Wu recently joined A&F Co. as group vice presidents, overseeing the company’s EMEA and APAC operations, respectively.
Fitbit Launching $10 Premium Subscription Service
Fitbit announced the launch of Fitbit Premium, a paid subscription service in the Fitbit app that uses an individual’s unique data to deliver Fitbit’s most personalized experience yet, with actionable guidance and coaching to help achieve health and fitness goals.
CTA: More Tariffs Mean More Taxes, More Trouble For Consumers
Gary Shapiro, president and CEO, Consumer Technology Association (CTA), urged Congress to take action as another round of tariffs became effective on September 1.
S&P Lowers Outlook On Bass Pro On Weaker First-Half Results
Standard & Poor’s Corp. revised its outlook on the debt ratings of Bass Pro Group to stable from positive following Bass Pro’s release of second-quarter and first-half results that were below its expectations. The rating agency affirmed all ratings, including the ‘B+’ issuer credit rating.
Dorel Expands Cannondale Brand Team
Dorel Sports appointed Nick Larsen as creative director of Cannondale Global and Dennis Kim, marketing director of Cannondale Global.
