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April 15, 2022


REI Plans Big Running Push

The outdoor co-op will expand its running assortment in stores and online, with an increased commitment to key brands like Hoka, On Running, Brooks, New Balance, Salomon and Smartwool.

Hong Fu Expands Sneaker Production to India

The footwear maker for Nike, Puma, Converse, Vans, Hoka and other brands is investing Rs 1,000 crore ($131 mm) over five years to build a manufacturing facility in Tamil Nadu, India.

Pure Fishing Ratings Affirmed by S&P

S&P Global maintained its CCC+ rating on the Sycamore Partners-backed fishing equipment portfolio company, even after it took on additional debt to acquire Svendsen Sport A/S in Feb. for $153.4 million.

Smith Promotes Mark Phares to Global General Manager

The eyewear and helmet brand named 20-year company veteran Phares to the Global GM post, reporting to Francesco Rinaldi Ceroni who is president of Smith and will become president and CCO for North American market of Safilo Group effective June 1.

Gregory Elevates John Sears to General Manager

The Samsonite-owner pack brand promoted 20-year company veteran, John Sears to General Manager earlier this year, and has expanded the team in its Salt Lake City headquarters.

TB12 Hires Lowe’s Vet as CEO

Tom Brady’s apparel brand and wellness company tapped Grant Shriver as its CEO and partner, where he will be tasked with growing the brand in product development, technology and body coaching.

USTA Names Lew Sherr as CEO

The current chief revenue officer of the United States Tennis Association has been elevated to chief executive officer and executive director, effective May 2.

Etcetera: Farm to Feet, GOAT, Rally House

 
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