FanDuel Group and Major League Baseball (MLB) Thursday announced a multi-year partnership designating FanDuel as an authorized gaming operator of MLB. This is a landmark deal for FanDuel as it marks the company’s first partnership with Major League Baseball or an MLB team. The partnership provides FanDuel access to official MLB data, along with league […]
Author: SGB Media

Johnson Outdoors Appoints Larry Baab To Lead Camping & Watercraft Divisions
Johnson Outdoors Inc on Thursday announced the appointment of Larry Baab as group vice president – camping & watercraft recreation. Baab will oversee camping brands Eureka and Jetboil, and watercraft brands Old Town, Ocean Kayak and Carlisle.

Private Equity Firm Norwest Invests In Vuori
Norwest Venture Partners on Thursday announced it has made a minority equity investment in Vuori, a performance apparel brand based in Encinitas, CA. Financial terms of the investment weren’t disclosed.
RYU Apparel Appoints Camilo Lyon To Board of Directors
RYU Apparel Inc. on Thursday announced it has appointed Camilo Lyon to the board of directors of the company, effective immediately.
Frank Gore Named Xenith Brand Ambassador
Xenith on Thursday announced that Buffalo Bills running back Frank Gore will come on as a brand ambassador. Gore will be wearing a Xenith helmet this season.
Varsity Brands Appoints Justin Kentor Chief Of Strategy and Business
Varsity Brands on Thursday announced that Justin Kentor has joined the company as chief of strategy and business transformation, effective immediately.
July Retail Sales Show Gains But Stock Market, Tariffs Jeopardize Consumer Spending
Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said Thursday. The numbers exclude automobile dealers, gasoline stations and restaurants.

2019’s Best Cities For Soccer Fans
With the U.S. Open Cup final coming up at the end of August and the U.S. Women’s National Team having won the World Cup this year, WalletHub today released its report on 2019’s Best Cities for Soccer Fans as well as accompanying videos. To find the best places for loving— for many, the world’s favorite sport—WalletHub compared […]

Avenatti Files Motion Accusing Nike of Zion Payment
Lawyers for Michael Avenatti on Wednesday filed a motion in federal court alleging that an employee with Nike’s Elite Youth Basketball (EYBL) division authorized payments to former Duke star Zion Williamson and ex-Indiana star Romeo Langford when they were still in high school in February 2017.
FeraDyne Outdoors Appoints John Flanagan As CFO
FeraDyne Outdoors LLC has named John Flanagan as the company’s CFO. Flanagan has more than 25 years of experience in finance, operations and strategy, driving process improvements in both publicly traded and private companies.
Shimano North America Fishing Appoints Jim Lupinski Senior Sales Manager
Shimano North America Fishing Inc., a subsidiary of Shimano Inc., this week announced the appointment of Jim Lupinski as senior sales manager.
JCPenney Partners With ThredUp In New Business Model Expansion
J. C. Penney Co. Inc. on Thursday announced that 30 JCPenney stores will soon be offering a sought-after selection of secondhand women’s clothing and handbags from ThredUp, a consignment store featuring like-new styles from leading designers and brands.
Sportsman’s Warehouse Opening In Murfreesboro, TN
Sportsman’s Warehouse will hold the grand opening celebration of its new store in Murfreesboro, TN, August 22-24. The event will feature giveaways, vendor demonstrations and other activities.
JCPenney Announces Stacey Shively As SVP, GMM Home
J. C. Penney Co. Inc. on Thursday announced that Stacey Shively, a senior executive with nearly 25 years of retail merchandising experience, has been appointed to senior vice president, general merchandise manager for its home division, effective Sept. 9.

JCPenney Reaffirms Outlook Amid Narrowed Loss
J. C. Penney Co. Inc. on Thursday announced a net loss in its fiscal second quarter ended August 3 of $48 million, or a loss of 15 cents per share, which beat Wall Street’s expectations by 17 cents. The company, which reaffirmed its outlook for fiscal year 2019, narrowed its loss from the year-ago quarter of $101 million, or a loss of 32 cents per share.