Saysh Closes $8 Million Series A Round Led By IRIS, Athleta
Saysh, the lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced its Series A round closed at $8 million, led by specialist consumer fund IRIS and Gap Inc.’s activewear brand Athleta.
Fanatics Appoints CEO Of Fanatics Collectibles
Fanatics announced the appointment of Mike Mahan as CEO of Fanatics Collectibles, the company’s trading cards and collectibles business.
Amazon Prime Day 2022 Begins July 12
Amazon’s annual shopping event, Amazon Prime Day, will officially kick off at 3AM ET / 12AM PT on Tuesday, July 12th, and run through Wednesday, July 13th, the company announced on Thursday
Fleet Feet To Acquire Marathon Sports
Fleet Feet, the franchisor of locally-owned and operated running stores in the U.S., announced that it has agreed to acquire New England-based running retailer Marathon Sports and its soundRunner and Runner’s Alley brands.
Timberland Treks Into The Metaverse Via Fortnite
Timberland has stepped into the metaverse with the launch of its semiannual Construct: 10061 design program within Fortnite to engage customers in an updated product design process that blends physical and virtual experiences.
Rally House Opens New Store In Michigan
Rally House opened a store in Canton, MI off Michigan Avenue, joining several Rally House locations in the Detroit area.
Playermaker Raised $40 Million In Funding Round
Playermaker, the manufacturer of the wearable sports performance tracker, has raised $40 million in funding to date, led by Ventura Capital Group, with additional investment by MIG Capital, Pegasus Tech Ventures, and others.
Polygiene Group Hires New CFO
Polygiene Group, the maker of antimicrobial technologies and odor control solutions based in Sweeden, has appointed Niklas Blomstedt as its chief financial officer, succeeding current CFO Nina Forsvall.
Downlite Appoints Vice President Quality Assurance & Compliance
Downlite announced the retirement of Clive Wilke, Vice President, QA & Compliance and appointed Tokkie Sharar to continue advancing the company’s efforts in global quality assurance.
Nike And Apple Team Up On Sports Content
Apple has finalized a multi-year first-look feature deal to develop and produce sports films with Nike-owned studio Waffle Iron Entertainment for the Apple TV+ streaming service.
Planet Fitness Franchise Group Excel Fitness Sold To Olympus Partners
One of the largest Planet Fitness franchise groups, Excel Fitness Holdings, LLC, located in Austin, TX, was purchased by private equity firm Olympus Partners of Stamford, CT, for an undisclosed amount.
i9 Sports Opens 200th Location
Tampa Bay-based i9 Sports, the youth sports league franchise, recently announced opening its 200th location.
Caleres’ Debt Rating Outlook Revised Upward
S&P Global Ratings revised its rating on Caleres, Inc. to positive from stable. The rating agency noted that Caleres reported stronger-than-expected sales and margin expansion in the first quarter of fiscal 2022 across its two main brands, with sales returning to about pre-pandemic levels, reflecting the strengthening consumer demand.
F45 To Open First Hotel Studio At Hilton Austin
F45 Training Holdings, Inc. announced plans to break ground on a new fitness studio at the downtown Hilton Austin, TX, the first F45 studio to operate inside a hotel worldwide.
May Retail Sales Unexpectedly Decline Amid Inflationary Pressures
Retail sales fell 0.3 percent in May from the prior month, the Commerce Department said Wednesday. Economists surveyed by Refinitiv expected sales to rise 0.2 percent. May marked a slowdown from the gain of 0.7 percent in April and the first decline in retail sales in five months.
