Athletic and Sportswear
In November 2013, Athos closed a $3.5 million seed round. It added another $12.2 million in a Series B raise in August 2014. Now, the next-generation fitness apparel and wearable technology company has announced a massive $33.5 million Series C round of funding led by Social Capital. The newest raise includes participation by its manufacturer,…
Minnesota Vikings coach Mike Zimmer’s limit on questions about T-shirts that say, “Beat the Packers!” appears to be two. He was asked during his press conference earlier who was behind the T-shirts that players were wearing in the locker room today. “Me,” Zimmer said before taking a few more unrelated questions. Then it was back to…
They ran an extra 4 miles on their half-marathon. And for their extra pain, they're getting T-shirts. Organizers offered runners commemorative T-shirts as part of an apology for inadvertently extending the weekend Standard Chartered Bangkok Half-marathon by almost 7 kilometers (4 miles). The error by race officials along the route meant participants in Sunday's race…
Trading Standards officers seized and later destroyed a haul of fake goods, including clothes and perfume, in Grimsby and Cleethorpes, U.K. The haul included a significant number of big-name brands, such as Adidas, Nike, Ralph Lauren, Hugo Boss, Chanel and Premier League merchandise. It also included mugs, lighters and keyrings. Authorities found most of the…
HanesBrands Inc., Winston-Salem, N.C., announced that company management will participate in the Morgan Stanley Global Consumer and Retail Conference on Nov. 17 in New York City. In addition to meeting with investors at the conference, company management will participate in a question-and-answer fireside chat to be webcast live via the Internet from 1 to 1:40 p.m.…
U.S. Customs and Border Protection (CBP) seized 5,382 pieces of counterfeit soccer apparel near Washington Dulles International Airport on Nov. 2, according to a Nov. 10 release from CBP. The estimated manufacturer’s retail price for the haul, had the pieces been genuine, was listed at $16,791. The jersey tops and shorts violated the intellectual property…
LSU is investigating the family of running back Leonard Fournette to see if it violated NCAA rules, according to a USA Today report. The investigation stems from the brief existence of a website that was created to sell Fournette merchandise. The site was launched the week of last year's season opener and was taken down…
Agents from the Department of Homeland Security (DHS) agents removed boxes of merchandise from a store in Overland Park, Kan., after the owner was accused of violating trademarks held by the Kansas City Royals and MLB. According to KSHB 41, the DHS agents, along with Kansas' Johnson County Sheriff's Department, removed dozens of boxes containing…
Despite the fact that China's population currently stands around 1.3 billion (roughly 20 percent of the earth's population), its men's soccer team currently ranks at a measly 81st in the world. On top of that, the men's team has competed in the FIFA World Cup only once—back in 2002. But now, China is on a…
The University of Texas and Nike have come to terms on a record apparel deal that could net the university nearly $250 million in benefits over 15 years, possibly setting a new standard for elite college athletic programs. The deal runs from July 1, 2016 to June 30, 2031. It would replace the Nike deal…