Kanye West Appoints Head Of Donda Industrial Design
Kanye West announced the appointment of veteran sneaker designer Steven Smith, head of Donda Industrial Design, the rapper’s latest design venture.
Vista Outdoor To Acquire Fox Racing
Vista Outdoor, Inc. announced it had entered into a definitive agreement to acquire Irvine, CA.-based Fox Racing, the manufacturer of motocross, mountain bike and lifestyle-related gear, at a purchase price of $540 million, with the potential for an additional $50 million earnout based on the company’s financial performance.
SVSU Athletics partners with Nike, BSN
The Saginaw Valley State University’s (SVSU) Department of Athletics announced a partnership with Nike through BSN Sports beginning in the 2022/23 academic year.
Stan’s NoTubes Founders Retire, Zabel Companies Future Partners
Stan’s NoTubes announced the departure of its founders Stan and Cindy Kaziatek. Company president and longtime brand development partner Mike Bush will remain as president and CEO with support from new investment partners, Zabel Companies.
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.
