Fanatics Forms Strategic Partnership With Jakprints

Fanatics Inc. and Jakprints Inc. announced a new five-year partnership deal that will allow Jakprints to support the domestic production needs of Fanatics. With this partnership Jakprints also announced the opening of a new 140,000-square-foot facility in Eastlake, OH, which includes a $7 million investment in state-of-the-art equipment and the creation of over 100 new jobs.

IOC Announces Changes To Management Structure

The IOC is adapting its management structure. After 26 years as director of NOC Relations and of Olympic Solidarity, Pere Miró will henceforth focus exclusively on his role as deputy director general for relations with the Olympic Movement.

Bass Pro Shops Partners With American Bass Anglers

Bass Pro Shops and American Bass Anglers announced today a multiyear partnership to provide more avenues for weekend anglers across the country. Bass Pro Shops will become the Title Sponsor of American Bass Anglers and will support a new 150hp bass tournament trail.

Boy Scouts May File For Bankruptcy

The Boy Scouts of America is considering filing for bankruptcy as it faces eroding membership and a ramp up in legal costs over how it handled allegations of sex abuse, according to a report in the Wall Street Journal.

Bauerfeind And NBA Announce Global Licensing Partnership

Bauerfeind, a maker of orthopedic braces and other devices to support the joints and the back, and the National Basketball Association announced a new multiyear partnership making Bauerfeind’s GenuTrain NBA an officially-licensed knee support of the league.

San Antonio To Host 49th Annual National AD Conference

More than 2,400 athletic administrators, spouses, guests and exhibitors will be attending the 49th annual National Athletic Directors Conference (NADC) Friday through. Tuesday (December 14-18) at the Henry B. González Convention Center in San Antonio

Farfetch To Acqure Stadium Goods

Farfetch Limited, a leading technology platform for the luxury fashion industry based in London, announced its definitive agreement to acquire Stadium Goods, the sneaker and streetwear marketplace, for an enterprise value of $250 million. Following the acquisition, Stadium Goods will continue to operate as a standalone brand on the Farfetch platform and will be led by its existing management team. 

Under Armour’s Shares Slide On Weak Guidance

Under Armour Inc. at its Investor  Day on Wednesday introduced the company’s 2023 strategic growth plan that calls for a return to a low double-digit growth rate by 2023. But shares of Under Armour fell $2.32, or 10.5 percent, to $19.80 as the company said it expects only low single-digit revenue growth on average over the next five years, including 3 to 4 percent growth in 2019 as gains overseas offsets flat sales in North America.