Upventur Acquires Outdoor Adventure App Yonder
Upventur, a social platform for the outdoor and travel space, has acquired Yonder, an app built to inspire and enable the love of the outdoors. Terms were not disclosed.
Gore-Tex Names Climber Alex Megos To Global Athlete Team
Gore-Tex has named climber Alex Megos to its global athlete team.
Adidas Outdoor Re-Signs Climber Kai Lightner To Athlete Team
Adidas Outdoor USA has re-signed climber Kai Lightner, 18, to the company’s team of athletes. Lightner is a 10-time national champion in the USA Climbing youth circuit and won four Pan American Championship titles. Last year, Lightner took first and second place in the adult lead and bouldering national championships as one of the youngest competitors in the field.
Dick’s Sporting Goods To Open Four New Stores In May
Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).
Bogs Sales Slip 2 Percent In Q1
Weyco Group Inc. reported sales at Bogs were down 2 percent in the first quarter. Companywide sales were up 1 percent.
Nike Sues Puma For Patent Infringement
Nike Inc filed a lawsuit accusing rival Puma over the alleged use of the company’s patented Flyknit, Air and cleat assembly technologies without authorization.
NSSF’s Board Votes To Expel Dick’s Sporting Goods
The National Shooting Sports Foundation (NSSF), the trade association for the firearms, ammunition, hunting and shooting sports industries, said the foundation’s Board of Governors unanimously voted to expel Dick’s Sporting Goods from membership for conduct detrimental to the best interests of the Foundation.
Iconix’s Q1 Profits Sink
Iconix Brand Group Inc. reported net earnings on an adjusted basis fell 54 percent in the first quarter on a 17 percent revenue decline. Results were in line with expectations.
Herschel Walker, Mariano Rivera, Misty May-Treanor To Head Trump’s Fitness Council
Former NFL running back Herschel Walker, Yankees legendary closer Mariano Rivera, Patriots coach Bill Belichick, golfer Natalie Gulbis, three-time beach volleyball gold medalist Misty May-Treanor, and Dr. Mehmet Oz will be appointed to President Trump’s Council on Sports, Fitness and Nutrition.
Under Armour Partners With Hampton University
Hampton University and Under Armour Inc. announced a new partnership agreement.
Tenkara USA Names Patrick Stratton CEO
Fly-fishing equipment company Tenkara USA has named industry veteran Patrick Stratton CEO. He will join Daniel Galhardo on the senior management team.
April Retail Jobs Up 3,700 From March
Retail industry employment increased by 3,700 jobs seasonally adjusted in April over March and 48,900 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Pentland Appoints Gianni Georgiades CEO Of Lacoste Footwear
Pentland has appointed Gianni Georgiades as CEO of Lacoste Footwear JV, effective May 8.
Mueller Sports Medicine Names New President
Mueller Sports Medicine appointed industry veteran John Cayer to the position of president. Cayer will report directly to CEO Brett Mueller.
Nike Holds Staff Meeting Over Culture Challenges
On Thursday, Mark Parker, CEO of Nike Inc., held a rare company-wide staff meeting at the company’s headquarters to apologize for allowing a culture where staff members were excluded and workplace complaints of inappropriate behavior were dismissed, according to The Wall Street Journal.
