FDRA

Sweatcoin, a free smartphone app that pays people to be physically active, said it has secured $5.7 million in funding. The company said it has been the most downloaded app in the health and fitness category in the U.S. and U.K. since September 2017....

“Soccer is one of the fastest-growing sports in the U.S. and continues to grow in popularity among our guests. As the only mass retailer to sell Umbro, we’re giving more families access to the sport through stylish and affordable apparel and gear.”...

 In a partnership with global architecture and design firm Gensler, Reebok has reimagined an adaptive reuse of gas stations across the country as Fitness Hubs, where people can prioritize their mental and physical wellness, as part of its new “Get Pumped” concept. The full press release...

Even without the company history, a manufacturer making socks in Sheboygan and not overseas is a testament to the company’s strength in manufacturing and preserving family roots....

The Paris-based company plans to ask shareholders to approve distributing 70 percent of Puma’s outstanding shares, which would reduce Kering’s stake to 16 percent from 86 percent. That would permit Kering to focus on its luxury business through brands including Gucci, Balenciaga and Stella McCartney....

“Columbia is focused on putting the consumer first, addressing their needs with best-in-class products and ensuring an excellent experience across all brand touchpoints,” said Joe Boyle. “Ethan’s hands-on experience leading marketing in the health and fitness sector is a great fit for the Columbia brand...

True Fit, the data-driven personalization platform for apparel and footwear, announced a new $55 million Series C investment, led by Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital....

Genesco Inc. announced that Mimi Eckel Vaughn, currently the company’s senior vice president and chief financial officer, is to be named chief operating officer of the company once her successor as chief financial officer is appointed. The company has launched a search for a new...

“We want to be a driver for sustainable innovation, both within the industry and towards consumers. At adidas, we have an Open Source approach where we believe in solving problems through collaboration with others...