Nike Seeking To Move Into Smaller Space In Georgetown
Nike has submitted a proposal to the Old Georgetown Board to move to 3235 M Street NW in a space about one-third the size smaller than its flagship location at 3040 M Street NW.
Amazon Appoints New CEO Of Retail Business
Amazon.com, Inc. has named longtime executive Doug Herrington as CEO of its worldwide Amazon store business, formerly Consumer, succeeding Dave Clark, who recently stepped down.
Sports Specialists Ltd. Names Interim President
Sports Specialists Ltd. appointed Tyler Lockard as interim president.
Golden Goose’s Debt Ratings Upgraded
S&P Global Ratings upgraded the debt ratings of Golden Goose as the Italian luxury footwear maker’s revenue and EBITDA increased materially in 2021, thanks to normalizing retail traffic and the company’s continued expansion in the profitable direct-to-customer channel.
YogaSix Opens 150th Studio
YogaSix, which is part of Xponential Fitness, opened its 150th studio in Dana Point, CA, in less than five years of franchising.
TravisMathew Renovates Newport Beach Flagship
TravisMathew, the golf apparel brand owned by Callaway Golf, announced the redesign and renovation of its flagship storefront at Fashion Island in Newport Beach, CA, is complete.
Miracle Miles Group Closes $100M Series Funding
Miracle Miles Group, Inc., which owns the Dream Pairs, Bruno Marc and Nortiv8 footwear brands, announced that it has closed a $100 million Series A funding.
Mondelēz To Acquire Clif Bar
Mondelēz International Inc. has agreed to acquire Clif Bar & Company for $2.9 billion with additional contingent earnout consideration.
Simon Property Group Brings Digital Search To The Mall
Simon Property Group announced the launch of Simon Search, a search platform allowing shoppers to research in-stock products available at participating retailers located within a Simon property.
Macron Forms New Partnership With Oxford United
Oxford United Football Club announced a new partnership with the Italian brand Macron to become its technical kit partner from the start of the 2022/23 season. Macron replaces Puma.
Target Brings Back Deal Days
Target announced that its annual Deal Days event is back for the fourth year in a row running from July 11-13. The three-day event begins the day before Amazon’s Prime Day deals kick-off, and both events end simultaneously.
Garmin Partners With Sea Tow
Garmin International, Inc., a unit of Garmin, Ltd., said it is working with Sea Tow Services, International, Inc. to provide members and franchise operators exclusive offers and product training to improve boater safety.
Athleta Expands In Canada, Adding Five New Stores In 2022
Athleta, part of San Francisco-based Gap, Inc., announced it would add five new Canadian stores in 2022 with the June 21 opening of Mapleview Centre in Burlington, Ontario.
FitFighter Secures Funding
FitFighter Inc., the maker of the FitFighter Steelhose free weights range, announced it raised $2.5 million in seed round investments to build its salesforce, expand its gym programs and military training, advance product design, and accelerate production.
Study Suggests Team Sports Benefits A Child’s Mental Health
A national study of 11,235 kids ages 9-to-13, conducted by the Public Library of Science (PLOS) journal, found that a kid’s mental health is positively impacted when participating in team sports.
