Future Motion Recalls Electric Skateboards After Four Deaths
Future Motion, Inc., the manufacturer of Onewheel electric skateboards, issued a recall of 300,000 skateboards in tandem with the U.S. Consumer Product Safety Commission (CPSC) after a series of accidents and four reported deaths.
Freemotion Fitness Appoints VP Sales for North America
Freemotion Fitness, the commercial equipment arm of iFIT, appointed Adam Guier as vice president of sales for North America.
Under Armour to Open First Store in Northern Ireland
Under Armour is opening its first store in Northern Ireland in November with a 2,600-square-foot location at The Boulevard in Banbridge.
Pas Normal Studios Adding Singapore and Munich Flagship Stores
Danish cycling apparel powerhouse added a store in San Francisco this past spring and another store opening recently took place in the heart of Munich, while a new flagship store opened in Singapore over the weekend.
Sportime Clubs and Financial Partner to Launch Pickleball Clubs
Sportime Clubs and Hornig Capital Partners signed a partnership agreement to establish a new company, Sportime Pickleball, LLC, that will develop and operate standalone, pickleball facilities in the tri-state area under the Sportime brand.
American Outdoor Brands Launches Stock Buyback Program
American Outdoor Brands, Inc.’s Board of Directors approved repurchasing up to $10 million of the company’s outstanding common stock.
Salt Life is Subject of Unsolicited Acquisition Offer
The company said there can be no assurances as to the timing, terms or structure of a potential transaction or that a transaction will consummate.
Parlee Cycles Acquired by Private Investor; Rebrands as Parlee Composites, Inc.
The acquisition of the brand and 100 percent of the assets of Parlee Cycles by avid cyclist and independent investor John Harrison signals a new chapter as the company assets move to a new entity, Parlee Composites, Inc.
Hestra Gloves Appoints Former Thule Group CEO to Board
Magnus Welander is joining Hestra Gloves’ Board of Directors following 14 years as CEO of the Thule Group. He is also the Board Chair at helmet technology company Mips.
Dainese Group Appoints New CEO
The owner of the Dainese, AGV and TCX motorcycle apparel, helmet, and boot brands and licensee for Momo Design, appointed Angel Sánchez as CEO, effective November 2. Cristiano Silei, CEO of Dainese since 2015, will become non-executive chairman of the company.
Outdoor Research Hires Senior VP of Product
Felix Del Toro brings 30 years of apparel and product experience to OR from roles at Athleta, Lululemon and a range of industry brands.
Topgolf Opening First New England Location in Rhode Island
Topgolf Rhode Island, located in the city of Cranston, roughly five miles from downtown Providence, will be Topgolf’s first venue in New England and marks its 81st outdoor venue in the U.S. and 91st globally.
Bloomie’s by Bloomingdale’s Set to Open in Seattle, WA
The smaller store concept by Bloomingdale’s, said to provide a “casual, contemporary, and highly curated experience for shoppers,” will be the third Bloomie’s location to open, with the other stores in Fairfax, VA and Skokie, IL.
Signa Sports to Delist Shares, Terminate SEC Reporting; Appoints New CEO
Signa Sports United N.V. reported an acceleration of its strategic realignment and performance enhancement program in light of continuing macroeconomic headwinds, oversupply in the market and the company’s severe liquidity and profitability challenges. In connection with the strategic realignment, the company is delisting its shares from the NYSE and terminating its SEC reporting requirements.
SGB Media Reports Most Read Articles, Key Metrics for September 2023
SGB Media reported its Top 20 most-read articles, and the coverage included many of the usual big brands and a few companies that have been silent of late. The Top 5 included articles about Sportsman’s Warehouse, West Marine, Dick’s Sporting Goods, Amer Sports, and Asics Corp., with Academy, Champion and Nike seeing high readership.
