HitTrax And MLB Enter Licensing Agreement
InMotion Systems, creator of the HitTrax baseball system, and Major League Baseball have entered into a licensing agreement that allows HitTrax to incorporate MLB assets and trademarks directly into its platform.
Lululemon Names New CEO Of Mirror
Lululemon Athletica, Inc. announced the appointment of Michael Aragon as CEO of Mirror and Lululemon Digital Fitness, effective January 17, 2022. He was the chief content officer at Twitch.
Superfeet Founder and Insole Innovator, Dennis Brown, Passes Away
Superfeet announced the passing of its founder, Dennis Brown, on December 31, 2021. A decorated soldier, entrepreneur, inventor, and teacher. He was 96.
Employees Purchase Kitsbow With Backing From NC Investors
Kitsbow, the maker of cycling clothing and accessories, announced it was purchased on January 3, 2022 by its employees, with assistance from local North Carolina investors, after ten years as a privately owned company.
Dick’s SG Raises Full-Year Outlook
Dick’s Sporting Goods Inc. in a regulatory filing Thursday raised its guidance for the full year and provided fourth-quarter earnings guidance that was well above Wall Street’s consensus target.
Authentic Brands Group Withdraws IPO
Authentic Brands Group Inc., officially withdrew its plans for an initial public offering, according to a regulatory filing with the Securities & Exchange Commission. The cancellation of the IPO was expected given its move in November to sell significant equity stakes in the company to private equity firms CVC Capital Partners and HPS Investment Partners.
Helen of Troy Houseware’s Segment Sees 11 Percent Q3 Growth
Helen of Troy Limited reported sales in its Housewares segment, which includes Hydroflask and OXO, increased 10.7 percent in the third quarter ended November 30 to $246.1 million compared to $222.4 million a year ago.
Saris Appoints Senior Product Manager Of Bike Racks
Saris appointed Kevin Harris as senior product manager of bike racks. He previously worked at Thule.
2022 ICR Conference To Be Held Virtually
ICR announced that the 2022 ICR Conference will be held virtually due to the quicker than anticipated spread of the Omicron/Delta variants.
Nike Sues Lululemon Over Mirror At-Home Mirror Apps
Nike, Inc., on Wednesday, filed a patent lawsuit against Lululemon Athletica, Inc. Nike claims to hold a number of fitness equipment patents that Lululemon is infringing with its Mirror connected fitness device and related mobile applications.
Outdoor Retailer Confirms January Show Still On, Masks Mandatory
In an open letter entitled “Looking forward to seeing you in Denver on January 26,” Outdoor Retailer show organizers said they have no current plans to cancel the Outdoor Retailer Snow Show 2022 amid a surge in COVID-19 outbreaks tied to the Omicron variant. Enhanced safety measures, including mandatory masks, are being implemented, said show organizers.
NRF: Widespread Shutdowns Unlikely Amid Omicron Surge
In a statement, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the COVID-19 Omicron variant brings uncertainty to the economy in 2022 and could contribute to inflation, but is unlikely to cause widespread shutdowns or slowdowns.
Big City Mountaineers Appoints Executive Director
Big City Mountaineers (BCM) welcomed David Taus as executive director of the organization.
BSN Sports Acquires Team Sports Ink
BSN Sports, a division of Varsity Brands, announced that it has acquired Team Sports Ink, LLC located in Carson City, NV.
RISE Armament Hires Senior Design Engineer
RISE Armament, a manufacturer and supplier of triggers, components and firearms, appointed Jacob Turnblom as a senior design engineer responsible for the creation of new products.
