StockX Lays Off 8 Percent Of Its Employees
Resale exchange platform StockX confirmed Wednesday that it has laid off eight percent of its workforce, citing the impact of “macroeconomic challenges” on its web-based shoe resale business.
Puma Extends Contract With AC Milan
Puma and AC Milan announced a long-term extension of their partnership, which was first established in 2018.
WizWheelz Acquires Recumbent Cycle-Con
WizWheelz, the parent company of TerraTrike and GreenSpeed, acquired Coyne Publishing, LLC, on June 24, 2022. The deal includes the Recumbent Cycle-Con (RCC) show
Fitness International’s Debt Ratings Upgraded
Moody’s Investors Service upgraded the debt ratings of Fitness International, LLC, the parent of LA Fitness, Esporta Fitness and City Sports Club.
Running USA Elects Board Members
Running USA member representatives approved the election of five board members to three-year director terms, which begin July 1, 2022, and conclude June 30, 2025.
GunBroker.com Parent Sees Robust Growth In Fiscal Year
Ammo, Inc., the owner of GunBroker.com, reported net revenues increased 285 percent in its fiscal year ended March 31, to $240.3 million.
Stio Hires Industry Veterans To Lead Product Design And Development
Stio, the mountain lifestyle brand headquartered in Jackson Hole, WY, has hired Margaret Eder as product line director and Eryn Gregory as product design and development director.
Predictive Fitness x Ironman Champion Mark Allen Create Coaching Platform
TriDot, a division of Predictive Fitness, Inc., and Mark Allen, the six-time Ironman Triathlon World Champion, announced a partnership to create the TriDot Mark Allen Edition coaching platform for triathletes.
HSBC x PVH Corp. Launch Sustainable Supply Chain Finance Program
HSBC Bank USA and PVH Corp. announced the launch of its sustainable supply chain finance program tied to environmental and social objectives and based on a suppliers sustainability ratings.
24 Hour Fitness Appoints CEO
24 Hour Fitness announced that Karl Sanft was appointed president and chief executive officer. Sanft has served as the company’s chief operating officer for the past three years.
Puma To Open Distribution Center In Phoenix
Puma signed a 15-year lease for one million square feet of warehouse space in Glendale, AZ, outside of Phoenix,
PHIT America Adds Board Member
PHIT America added Rita Mort, founding partner at Core Sports & Entertainment and Game Changers Worldwide, to its board.
Kanbrick Acquires Marine Concepts
Kanbrick announced it had acquired Marine Concepts, a provider of custom boat cover systems.
Strive Closes $6M In Funding To Accelerate Growth
Strive is the online fitness platform that optimizes muscle performance for elite athletes and teams through proprietary algorithms and sensors, announced it closed $6 million in Series A funding.
Fitmint Secures First Seed Funding Round
Move-to-earn startup Fitmint raised seed funding of $1.6 million led by venture capital firm General Catalyst, with participation from iSeed, Kearny Jackson, Dweb3, and 1947 Rise, among others.
