Grailed Closes $60 Million Series B Round
The sneaker and apparel marketplace has raised a second investment of equity capital in a funding round led by its competitor, Goat Group, which also owns Flight Club.
Adjusted sales for sporting goods/hobby/book and music stores increased 20% in Aug. to $9,018 million from $7,526 million last year, and improved 35% against the same month in 2019.
PEP TG Investments LP now plans to sell 4,000,000 shares of Callaway, up from the original 3,000,000, and has priced the offering at $29.25 per share, about 5% below ELY’s current trading price.
An Ea. TX federal court judge threw out Mad Dogg Athletics’ claims of patent infringement against PTON, ruling that the two patents in question are abstract.
New Balance announced the death of 27-year company veteran, Steve Ettridge, after a long and courageous battle with cancer.