Adidas Sues Nike Over Allegedly Infringing Apps And Shoe-Fitting Technology
Adidas AG filed a lawsuit against Nike, Inc. for allegedly infringing on its patents with its mobile applications and shoe-fitting technology.
Powdr Corp.’s Debt Ratings Upgraded Following Strong Ski Season
S&P Global Ratings raised its debt ratings on Powdr Corp. as skier visitations exceeded S&P’s forecast during the 2021/2022 ski season, resulting in revenue, EBITDA, and adjusted leverage that has outperformed S&P’s previous base case.
Rothy’s Appoints Board Member
Rothy’s, Inc. announced that it has elected Jenny Ming to its Board of Directors. Ming, whose former roles include president of Old Navy and CEO of Charlotte Russe, will serve as an Independent Director on Rothy’s newly expanded Board.
Hibbett Announces Changes To Board
Hibbett, Inc. announced the resignation of Jamere Jackson, effective June 9, 2022 and the appointment of Pamela Edwards to its Board of Directors, effective June 10, 2022.
Emerald Plans Outdoor Adventure X Show
Emerald Expositions, the parent of the Outdoor Retailer show, will debut The Outdoor Adventure X show next June at the Snowbasin Resort in Huntsville, UT.
Golftec Opens Store In Los Angeles
Golftec opened an instruction and club fitting center in Los Angeles, CA.
RYU Apparel Q1 Sales Climb 75 Percent
RYU Apparel, Inc. reported revenues reached Canadian C$347,938 (U.S. C$270,647) in the first quarter ending March 31, up from C$198,825 during the same period last year.
KKR Consortium Makes Offer For Accell Unconditional
A consortium led by buyout firm KKR has offered to buy Accell Group unconditionally. The offer values the parent of Sparta, Batavus and Raleigh at €1.56 billion ($1.66 bn).
Zappos Appoints Chief Merchandising Officer
Zappos has appointed Joe Cano, who most recently served as general merchant of menswear and accessories at Walmart.com, as its chief merchandising officer.
Full Stack Supply Acquires Snowboard Brand United Shapes
Full Stack Supply Co. (FSSC) announced the acquisition of the United Shapes brand from Chiller USA Outfitters.
REI Domestic Trip Offerings Experience Robust Growth
REI Co-op announced that its adventure trips have expanded to include domestic multiday excursions, guided day tours, rentals, and adventure center locations, and its experience offerings grew more than 60 percent in the last 12 months.
AGM Hires Director Of Marketing
AGM Global Vision, a manufacturer of advanced thermal imaging and night vision systems for hunting, announced it hired Randy Carothers as its marketing director.
Culture Kings U.S. Appoints President
A.K.A. Brands Holding Corp. announced the appointment of Jonathan Yuska as president of its Culture Kings’ U.S. division, reporting to Simon Beard, CEO and co-founder, to its expansion in the United States.
Foot Locker’s CFO Joins Kontoor Brands Board
The Board of Directors of Kontoor Brands, Inc., the parent of Wrangler and Lee, appointed Andrew Page, EVP and CFO of Foot Locker, Inc., as a director.
Columbia Sportswear Appoints SVP, Omni Planning And Fulfillment
Columbia Sportswear Company announced the appointment of Francois Guillon as senior vice president, omni planning and fulfillment.
