Dick’s Sporting Goods To End U.S. Olympic Sponsorship

Dick’s Sporting Goods Inc said it will not renew its United States Olympic Committee (USOC) sponsorship beyond 2018, according to various reports. The decisions comes as Team USA continues to deal with fallout from the sexual-abuse scandal surrounding former gymnastics doctor Larry Nassar.

Christy Sports Rolls Out ERP Program

Christy Sports plans to implement a new ERP (enterprise resource planning) program to support its expansion. The first phase of the implementation is complete with Financials, Merchandising, POS, Mobile, Gift Card and Loyalty modules currently operational across the Christy Sports BootDoctors storefronts.

Advisory Board To Further Sports Technology Collaboration

The International Sports Technology Association announced Rebecca Hopkins as the newest member of its Executive Advisory Board. During the two-year appointment, Hopkins will provide board-level insights into the global sports technology marketplace and her company’s sports technology programs, whilst representing UK interests in the sector.

Golf Rounds Tumble In November

According to Golf Datatech, golf rounds played fell 18.8 percent in November. The steepest declines were seen in East North Central, WestNorth Central, New England and South Central.

Gone…Not Forgotten

Friends who left us in 2018 included Nike’s Sandy Bodecker (above), The North Face’s Ann Krcik and Jason Hairston, founder SITKA and KUIU.

Celsius Announces Closing Of $10 Million Convertible Note Financing

Celsius Holdings Inc., maker of the leading global fitness drink, Celsius, announced that the company has entered into convertible loan agreements with its affiliates Charmnew Limited, Grieg International Limited and CD Financial, LLC, its largest shareholder, for the issuance of an aggregate of $10 million in principal amount of unsecured convertible notes due December 2020.

Newell Brands Completes Divestitures Of Pure Fishing And Jostens

Newell Brands Inc. announced that it has completed divestitures of two businesses, Pure Fishing and Jostens, as the company continues to execute on its Accelerated Transformation Plan, designed to create a simpler, faster, stronger consumer-focused portfolio of leading brands.

MTV’s SnowGlobe Expands Sponsorship Program For 2018 Festival

MTV’s SnowGlobe Music Festival announced an expanded sponsorship program for the festival’s eighth installment on December 29-31, 2018, in South Lake Tahoe, CA. The annual three-day event welcomes more than 20,000 fans each day with a mix of musical performances, live action sports, and interactive art exhibitions.

2018 Year In Review: Movers And Shakers Give Industry New Look

The active lifestyle, outdoor and sporting goods industries saw plenty of executive appointments and promotions in 2018, with companies like Nike Inc. and VF Corp. among those that saw the most announcements throughout the year, including G. Scott Uzzell (pictured) being named president and CEO of Nike subsidiary Converse Inc.

2018 Bankruptcy Blotter

Performance Bicycle and Sears led a number of companies that landed in bankruptcy court in 2018 although the case load was lighter than recent years and a major liquidation was avoided for a change. Others major filings included Rockport, Bon-Ton, Walking Company, Remington Outdoor and AcuSport.