National Park Trust Announces New Board Chair
Bill Brownell, the longtime chair of the National Park Trust’s Board of Trustees, is stepping down after 16 years. Scott Stone succeeds Brownell.
Specialized Establishes European Innovation Hub
Specialized, the cycling brand based in Morgan Hill, CA, announced that Germany’s Denk Engineering had joined the company, forming the Specialized Freiburg Innovation Center.
GSM Outdoors Acquires SteelShad Lures
GSM Outdoors announced the acquisition of SteelShad Lures. Founded in 2016, SteelShad is known for its bladed bait design.
GSM Outdoors Acquires Buckeye Lures
GSM Outdoors has acquired Buckeye Lures. Originally founded in 2000, Buckeye is known for its Spot Remover jig.
Bodybuilding.com Forms Partnership With Retail Ecommerce Ventures
Bodybuilding.com, the online fitness store, signed a partnership deal with private equity firm Retail Ecommerce Ventures.

Lululemon Launches In Spain
Lululemon Athletica, Inc. announced plans to open its first two stores and a local e-commerce site in Spain. Spain is a new European market for the brand since 2019.

Sustainable Apparel Coalition Pauses Transparency Program
The Sustainable Apparel Coalition (SAC) has put its consumer-facing transparency program on pause after a report found that some of its tools to be misleading about eco-marketing claims.
LeMond Bicycles Names New CEO
LeMond Bicycles appointed Rick Adams as CEO. He replaces Dean Hendrickson, who will transition to CEO of LeMond Carbon.
Adidas UK Finance Chief Retires
Andrew Hackett, Adidas’ U.K. finance chief, has retired after 25 years with the company.

OBIT: Bruce Katz
Bruce Katz, the co-founder of Rockport and the founder of Samuel Hubbard Shoe Company, has passed away. He was 75.
PureCycle Appoints New CEO
PureCycle Technologies Inc., the recycling start-up, announced three key leadership changes, effective August 5, 2022.
GenYouth Appoints CEO
GenYouth, the national nonprofit organization, announced it appointed Ann Marie Krautheim as CEO.
Rally House Introduces First Store In Branson, MO
Rally House opened its first store in Missouri with a new location in Branson.

Lids Expands Global Brick & Mortar Footprint With First Stores In Germany
Lids is expanding its retail presence internationally by opening its first standalone stores in Berlin, Germany.

NBA Invests In Kids’ Social Network
The National Basketball Association (NBA) was part of a $17 million fundraising round for Zigazoo, a social media platform similar to TikTok that caters to kids between the ages of three and twelve with over one million subscribers.