President Donald Trump says he will sign the “phase one” trade deal with China at the White House on January 15.
Author: SGB Media
Report: Nike Bans International Shipments For Retailers
As of January 1, 2020, Nike is reportedly forbidding retail partners from shipping Nike products internationally, according to highsnobiety.com. The move is reportedly designed to provide Nike with more control over distribution and support demand for local drops.
PVH Makes $1M Donation To Gabelli School of Business
PVH Corp. launched a new partnership with the Gabelli School of Business at Fordham University, to establish a leading academic hub for the study of Corporate Responsibility (CR) and Sustainability.
Nearly 50 percent Of Gym Goers Would Give Up Pizza/Alcohol To Maintain Weight Goals
A survey of members of the Life Time fitness club finds nearly 50 percent would give up alcohol or pizza forever in order to stay at their goal weight/physique.
Thule Group Acquires Fly Fishing Rod Vault Maker Denver Outfitters
Thule Group this week announced the acquisition of Denver Outfitters, a Denver, CO-based maker of roof rack-mounted fly fishing rod vaults. Financial terms of the deal weren’t disclosed.
Wearable Tech Named Top Fitness Trend For 2020
According to the 14th annual Fitness Trends survey from the American College of Sports Medicine (ACSM), wearable tech for the second straight time was rated the top trend in fitness in the coming year. Also landing in the top five were high-intensity interval training (HIIT), group training, training with free weights and personal training.
American College of Sports Medicine Announces Kristin Belleson As CEO
The American College of Sports Medicine (ACSM) introduced Kristin C. Belleson as its new chief executive officer. Belleson will begin her new role on February 3, 2020.
Ivanka Trump To Deliver Keynote At CES 2020
Trump joins other confirmed CES keynote speakers including Samsung President and CEO of Consumer Electronics Division Mr. Hyun-Suk Kim; Daimler Chairman Ola Källenius; Delta Air Lines CEO Ed Bastian; NBCUniversal Chairman of Advertising and Partnerships Linda Yaccarino, Quibi CEO Meg Whitman and Founder Jeffrey Katzenberg, Salesforce Chairman and co-CEO Marc Benioff and Unilever CEO Alan Jope.
CTA Announces Six Startups As CES 2020 Climate Change Innovators
The Consumer Technology Association (CTA) – owner and producer of CES – announced the winners of its third-annual CES Eureka Park Climate Change Innovators contest. The winners were ST Engineering Innosparks, SUNLEAVS, RideSVP, Green Systems Automotives, Omniply Technologies and Edgehog.
Racquet Sports Industry Magazine Names 2019 ‘Champions of Tennis’
Dan Faber, the executive director of the USTA Foundation, which is the charitable arm of the U.S. Tennis Association, has been named “Person of the Year” for 2019 by Racquet Sports Industry magazine (formerly Tennis Industry magazine) in the publication’s January 2020 issue.
2019 Year In Review: Top Ten Stories
For the second year in a row, the U.S. and China trade wars top SGB Executive’s list of the Top 10 stories in the active lifestyle space.
But other major stories emerged as well including the impact of firearms on brands and retailers, changes to the trade show landscape, Modell’s brush with bankruptcy, and more.
Summersalt Secures $17M In Funding
Summersalt, a direct-to-consumer swimwear and travelwear brand based in St. Loius, has raised $17 million through a Series B funding round led by Mercato Partners.
Survey: Parents Committed To Kids’ Sports Involvement
Nationwide, 54 percent of parents plan on making New Year’s resolutions related to their child’s sports involvement this year, and of those roughly 64 percent believe they will achieve them, according to a survey from FlipGive, the team funding app.
Wal-Mart Exec To Head Michaels Companies
The Michaels Companies Inc., which operates the Michaels craft retail chain, has hired Ashley Buchanan as CEO. Most recently Buchanan was chief merchandising and chief operating officer for Walmart U.S. e-commerce.
Dymatize Announces $25,000 Grant Contest for Independent Gym Owners
Dymatize, the athletic nutrition brand, announced the Resolve to Inspire $25,000 Gym Contest will be open for submissions. The campaign offers one independent gym owner a $25,000 business grant to improve their gym and a strategy session with Erin Oprea, celebrity fitness trainer to some of the biggest stars in country music.
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