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Whoop Raises $55M in Series D Funding

November 13, 2019 SGB Update

Whoop, a Boston, MA-based human performance company, closed a $55 million Series D equity and debt funding round.

Ballogy Names James Isch Advisory Board Chairman

November 13, 2019 SGB Update

Ballogy Inc., the Austin-based software company changing the way youth and amateur athletes train and develop for their sports, named longtime National Collegiate Athletic Association (NCAA) executive James (Jim) Isch, Ph.D. chairman of the Ballogy advisory board.

NFL Invites 32 Teams To Private Kaepernick Workout In Atlanta

November 13, 2019 SGB Today

“I’m Ready For This.” The NFL has invited all 32 teams to a private workout with free-agent Colin Kapernick for a pro-day-style event including an on-field workout and interview on Saturday in Atlanta, according to a league memo obtained by ESPN. Kaepernick, 32 years old, hasn’t played in the NFL since the final week of […]

Nike To End Pilot With Amazon

November 13, 2019 SGB Update

Nike will stop selling on Amazon, ending a pilot program that started in 2017. Nike said in a statement, “As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail.”

Canada Goose’s Q2 Revenues Climb 27.7 Percent

November 13, 2019 SGB Update

Canada Goose reported earnings rose 24.5 percent in the second quarter ended September 29 as sales grew 27.7 percent. Both earnings and sales topped Wall Street’s targets. The outerwear maker maintained its guidance for the year.

Wilson Partners With French Tennis Federation

November 13, 2019 SGB Update

The French Tennis Federation (FFT) and Wilson Sporting Goods entered into a new five-year partnership for Roland-Garros and the FFT.

Iconix Q3 Revenues Fall

November 12, 2019 SGB Update

Iconix Brand Group Inc. reported revenues slumped 23.2 percent in the third quarter although operating earnings improved.

Camping World Sees Used RV Sales As Logical Path Forward

November 12, 2019 SGB Executive

As Camping World Holdings Inc. pivots away from outdoor retail and as the recreational vehicle market continues to sputter, the Lincolnshire, IL-based company sees the sale of used RVs as a logical path forward for the business, according to Chairman and CEO Marcus Lemonis.

Famous Footwear Opens Newest Flagship Store In New York City

November 12, 2019 SGB Update

Caleres announced the opening of a new Famous Footwear flagship store at 34th Street and Broadway in New York City on Friday, November 15. This will be the largest of the company’s 32 New York metro area stores.

Supreme Court Allows Sandy Hook Families’ Case Against Remington Arms To Proceed

November 12, 2019 SGB Update

The US Supreme Court on Tuesday declined to hear an appeal on a lawsuit against Remington Arms Co, effectively allowing the families of victims of the 2012 Sandy Hook Elementary School shooting in Newtown, CT, to sue Remington.

Descente Mountain Americas To Shift To Distributor Format

November 12, 2019 SGB Update

Descente Mountain Americas in a letter to dealers indicated it will not take orders for 2020/21, and Descente Ltd will be pursuing a distributor format for the future in North America.

GoPro Predicts Blockbuster Holiday For Hero8 Black And Max

November 12, 2019 SGB Executive

GoPro, as expected, reported dismal third-quarter results in part due to production delays but management forecast a robust fourth quarter due to strong early reads on the Hero8 Black and Max cameras. Said Nicholas Woodman, CEO, on a conference call with analysts, “Simply put all signs indicate Hero8 Black and Max are unquestionable hits”