Dick’s Sporting Goods is scheduled to close a Dick’s Clearance Outlet in Racine, WI permanently on January 16, according to a report from The Journal Times.
Author: SGB Media
Adidas Signs Top NBA Draft Pick
Adidas signed Anthony Edwards, the first overall pick in the 2020 NBA Draft, to an endorsement deal, according to The Athletic.
Schutt Sports Parent Files For Liquidation
Kranos Corp., the former parent of Schutt Sports, filed for chapter 7 in the U.S. Bankruptcy Court in Wilmington, DE prior to reaching a deal to sell its assets to Innovatus Capital Partners.
Weyco Group Accelerates Dividend Payment Date
Weyco Group, Inc. announced that it is accelerating the payment date for its previously declared and announced regular quarterly dividend to December 31, 2020.
Mastercard: Holiday Retail Sales Grew 3.0 Percent
According to Mastercard SpendingPulse, holiday retail sales, excluding automotive and gasoline, increased 3.0 percent this expanded holiday season, running from October 11 through December 24. Notably, online sales grew 49.0 percent compared to 2019, the preliminary insights show.
SHOT Show Education Sessions Move Online; Registration Open
NSSF, the trade association for the firearm industry, announced that registration is open to attend the SHOT Show’s “On Demand” educational offerings, including SHOT University, Retailer seminars and its Import/Export webinar series.
ASBA To Combine Tennis Division With Courts & Rec Division
The American Sports Builders Association (ASBA) has made the decision to combine its Tennis and Courts & Recreation divisions into one “Courts” division in 2021.
Registration Opens For Virtual 2021 PGA Merchandise Show
Registration for the virtual 2021 PGA Merchandise Show, January 26 to 29, 2021, is now open for PGA and LPGA Members, golf buyers and industry professionals at PGAShow.com.
From Our Family To Yours …
Warmest thoughts and Best Wishes for a Wonderful Holiday and a very Happy New Year. Wishing you and your families the gifts of the season — Peace, Joy and Hope. SGB Media
Representatives From 12 States Support Fitness Industry Relief Bill
The bi-partisan Health and Fitness Recovery Act now has 22 sponsors from 12 states and D.C, according to the International Health, Racquet & Sportsclub Association (IHRSA).
Ecore Partners With CommonWealth Equity Partners
Ecore, a manufacturer of surfaces for commercial and athletic markets, recently partnered with CommonWealth Equity Partners, a private equity fund.
Sports Basement CFO Among Cyclists Killed In Las Vegas Crash
Tom Trauger, CFO of Sports Basement, was among the five cyclists killed in a crash in Nevada on December 10, according to the San Francisco Gate.
November 2020 RV Shipments Up 43 Percent
The RV Industry Association’s November 2020 survey of manufacturers found that total RV shipments finished the month with 42,513 units, an increase of 43.4 percent from the 29,644 units shipped in November 2019 and the highest shipments for the month of November.
Running USA Appoints CEO
Running USA announced that Dawna Stone has been hired as the organization’s fourth CEO in its 22-year history.
Schutt Sold To Innovatus Capital Partners
Innovatus Capital Partners LLC said it has acquired substantially all of Kranos Corporation’s assets, IP and brands including Schutt, ProGear Shoulder Pads, Tucci Bats, Hollywood Bases, and Adams USA. Innovatus Capital also acquired football helmet startup Vicis earlier this year.
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