Lululemon Invests In Cycling Apparel Startup
Lululemon Athletica has acquired a minority stake in 7mesh Industries, a cycling apparel startup based in nearby Squamish, British Columbia, according to Fortune.
RECALL: Advanced Composites Bicycle Forks
About 40 bicycle forks from Advanced Composites are being recalled. The fork leg can crack or become damaged, posing a fall hazard.
Pure Fishing Appoints New CEO
Pure Fishing, the parent of Berkley, Abu Garcia, Penn and Shakespeare, appointed Neil Eibeler as its new CEO.
Buckle Stores Faces Credit Card Breach
The Buckle confirmed a data breach. The retailer discovered intruders had planted malware on their cash register systems to steal credit card data from customers between October 28, 2016 and April 14, 2017.
Outdoor Research Releases Tribute Video To Women Athletes
“I began thinking about the conversation about ‘Where are the females?’ which has kept coming up in the past five years at film festivals – and what I could do to change that topic,” said filmmaker Krystle Wright.
Vuori Blends Yoga, Art And Surf
Vuori is a Finnish word meaning mountain – a brand name Chris Miller and Joe Kudla found appropriate for the feeling when one reaches the top of a mountain.
Zalando Aims To Double Revenue By 2020
Zalando is seeking to double its revenues by 2020, Rubin Ritter, its co-chief executive, said at a media event. The executive made the prediction while announcing that Europe’s biggest pure online fashion retailer had formed partnerships with Nike and H&M and the Bestseller group.
Adidas Signs Boston Red Sox’s Xander Bogaerts
Adidas announced a multiyear partnership with shortstop Xander Bogaerts of the Boston Red Sox.
Eddyline Kayaks Completes Ownership Transition
Eddyline Kayaks has been acquired by its management team. As part of the acquisition, Scott Holley has joined the company as president. He joins the existing management team of Todd Keane, Tom Remsing and Janet Sutton.
USPA Global Licensing Appoints COO
J. Michael Prince comes to USPA Global Licensing after serving as president and COO of global fashion brand Cole Haan.
NormaTec Partners With USTA
The United States Tennis Association Player Development program has partnered with NormaTec to bring NormaTec’s recovery capabilities to the organization’s USTA National Campus at Lake Nona in Orlando, FL.
New Era Signs Dak Prescott
The reigning AP NFL Offensive Rookie of the Year joins a cast of athletes including: Le’Veon Bell (Pittsburgh Steelers), Khalil Mack (Oakland Raiders), Greg Olsen (Carolina Panthers) and Sterling Shepard (New York Giants).
Jordan Brand Releases Fall 2017 Collection
Rooted in the brand’s heritage, the new line is a nod to 1985 and Michael’s iconic Flight Suit.
Nike Announces New Consumer Direct Offense
Nike is reducing its geography structure from six to four regions, appointing Michael Spillane to the new role of president of categories and product and creating a new new Nike Direct organization to improve speed to market and better engage consumers. The changes will result an overall reduction of approximately 2 percent of the company’s global workforce.
