Proteus Motion Raises $8.5M In Series A Funding
Proteus Motion, the NYC-based fitness technology company, raised $8.5 million in a Series A funding round.
Workers For Lululemon DC Store File To Form Union
Lululemon Athletica, Inc. employees working at one of its Washington, D.C. stores has petitioned to unionize, extending a wave of organizing at previously union-free U.S. retail firms.
JD Sports Confirms Guidance
JD Sports Fashion Plc announced ahead of its annual general meeting that same-store sales were up 5 percent for the first five months through June while reiterating that sales for the full year would be in line with the record results it set last year.
Recall: Aqualung Scuba Diving Computers
About 16,400 Aqualung i330R Scuba Diving Computers are being recalled. The recalled equipment can fail to adjust to the user’s altitude and display incorrect calculations for sea level dive times at altitudes exceeding 3,000 feet, decompression sickness and drowning hazards.
Owner Of Rock-N-Rescue Brand Acquires Omega Pacific Brand
Rock N Rescue’s parent company, The Weinel Group, has acquired the Omega Pacific brand and its associated trademarks.
Frasers Group Sees Strong Profit Rebound In Fiscal Year
Frasers Group reported profits improved significantly in the fiscal year ended April 24 as sales grew 30.9 percent.
Thule Group’s Q2 Sales Expand 2.6 Percent
Thule Group reported earnings slipped 6.8 percent in the second quarter ended June 30 as sales grew 2.6 percent. Sales were down 3.4 percent on a currency-neutral basis, including a 4.5 percent decline in Region Europe & RoW and flat sales in the Americas.
Running USA Survey Finds Demand For In-Person Running Events
With the lifting of pandemic restrictions, runners are eager to participate in live running events, according to Running USA’s 2022 Global Runner Survey.
NGF Report: Golf Equipment Sell-in Still Growing
Despite supply chain constraints, shipments from golf equipment manufacturers in 2022 has remained strong, matching last year’s growth, according to the National Golf Foundation (NGF).
Xponential Fitness Adds Board Member
Xponential Fitness, Inc. appointed Jair Clarke to its Board of Directors. Clarke will also serve on the company’s Audit and Human Capital Management Committees.
Whatnot Raises $260M In Funding Round
Whatnot, the live shopping platform in the U.S., has raised $260 million in a Series D funding round co-led by DST Global and returning investor CapitalG, Alphabet’s independent growth fund.
HanesBrands Partners With The University Of Tennessee
HanesBrands entered a ten-year partnership with the University of Tennessee as its primary apparel partner.
Mossy Oak To License Major League Fishing Merchandise And Apparel
Mossy Oak announced an agreement with Major League Fishing (MLF) wherein Mossy Oak would manage all future merchandise licensing efforts.
Academy Sports Appoints Board Member
Academy Sports and Outdoors, Inc. appointed Theresa E. Palermo to its Board of Directors and Nominating and Governance Committee. With this change, Academy’s Board now numbers nine directors.
Rawlings Acquires Jack Corbett Hollywood Bases
Rawlings Sporting Goods Company, Inc. has acquired the Jack Corbett Hollywood Bases brand from Schutt Sports, Inc., adding field bases and accessories to its list of officially licensed MLB categories.
