Fleet Feet has signed on as the official retail and sporting goods partner of SoleMates, a Girls on the Run (GOTR) program that empowers adults to achieve fitness and running-related goals while raising money, support, and awareness for Girls on the Run.
Author: SGB Media
HanesBrands Earns Corporate Social Responsibility Award
HanesBrands, the parent of Hanes and Champion, has earned the CSR Footprint social impact award for supporting at-risk youth in El Salvador.
Varsity Brands Appoints Chief Technology Officer
Varsity Brands, the parent of BSN Sports, Varsity Spirit and Herff Jones, announced that it has accelerated its investment in a digital, technology-enabled future with the addition of Jaime Jaramillo as the company’s first chief technology officer.
Legends To Acquire MainGate
Legends announced the acquisition of MainGate LLC, the event retail and merchandise company. The MainGate team will become an integral part of the Legends hospitality division that manages other major sports brand retail and merchandise programs and e-commerce platforms.
Dick’s Sporting Goods Foundation Pledges To Increase Access To Sports
Dick’s Sporting Goods and The Dick’s Sporting Goods Foundation on Thursday announced at its Sports Matter panel event a pledge to provide access to sports for one million youth athletes over the next five years.
Nike Settles Racial Discrimination Lawsuit
Nike has settled a racial discrimination lawsuit initially filed in 2017 by a 15-year company veteran just before the case was heading for trial. Terms of the settlement were not disclosed. A Nike spokesman told Portland Business Journal that lawsuit was resolved to both parties’ satisfaction.”
Thule’s Q2 Revenues Climb 7 Percent
Thule reported earnings rose 8.9 percent in the second quarter on a 7.3 percent revenue gain. Magnus Welander, CEO and president, said in a statement, “After a strong April and stable May, growth in the month of June was a disappointment in the US as store owners became more cautious as a result of the additional 15 percent tariff on Chinese goods announced in May.”
Colin Kaepernick ‘Dream Crazy’ Nike Commercial Gets Nominated For Emmy
Nike’s “Dream Crazy” commercial, supporting Nike’s 30th-anniversary “Just Do It” campaign and controversially narrated by Colin Kaepernick, has been nominated for an Emmy award for Outstanding Commercial.
Prime Day 2019 Surpassed Black Friday And Cyber Monday Combined
Amazon on Wednesday reported that sales during the two days of Prime Day—July 15 and 16—surpassed the previous Black Friday and Cyber Monday combined.
Lululemon Appoints New Director
Lululemon Athletica Inc. on Wednesday announced Stephanie Ferris, CFO of payment processing leader Worldpay Inc., has been appointed to the company’s board of directors, effective immediately.
Play It Again Parent Sees Income Rise Slightly As Revenue Dips
Winmark Corp., the parent of Play It Again Sports, on Wednesday announced that net income for the second quarter ended June 29 of $7.3 million, or $1.79 per diluted share, up slightly from net income of $7.1 million, or $1.73 per diluted share, in the year-ago period.
NFHS Marks Centennial With New Logo
The National Federation of State High School Associations (NFHS) on Wednesday celebrated 100 years of leading high school sports and other activity programs nationwide with a new logo.
Echelon Fit Secures Investment From North Castle Partners
Echelon Fit, the maker of Echelon Fit connected spin bikes and on-demand digital workouts, announced a growth capital infusion from North Castle Partners. The investment comes approximately one year after the official direct-to-consumer launch of Echelon Fit.
PeopleForBikes Announces Community Grant Recipients
PeopleForBikes announced its latest round of community grants. The latest grant round totals $50,000 and includes eight projects in seven states.
Kate’s Real Food Appoints Sales Chief
Kate’s Real Food, producers of wholesome, hand-rolled energy bars made from organic ingredients, announced that company sales manager, Matt O’Rell, has been promoted to the position of EVP of sales.
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