The acrimonious debate and paralysis around the government shutdown led to a major casualty: The Personal Health Investment Today (PHIT) Act. PHIT was awaiting a final vote in the U.S. Senate, but fell victim to the dysfunction in D.C., despite passing the House with strong bipartisan support in July.
Author: SGB Media
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.
Sears Chairman Edward Lampert Makes Last-Minute Bid To Avert Liquidation
Sears won a reprieve from liquidating after its chairman, Eddie Lampert, submitted a $4.4 billion bid in an effort to purchase the retailer.
Sears To Close 80 More Sears And Kmart Doors By March
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019.
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.
Safilo Renews Havaianas Eyewear License
Safilo Group and Alpargatas, the parent of Havaianas, announced the early renewal of their global Havaianas eyewear license, now running until the end of December 2024.
Pro-Gun Group Sues Trump Administration Over Bump Stock Ban
Gun Owners of America (GOA), a pro-gun group, and its Foundation (GOF) filed a lawsuit against the Bureau of Alcohol, Tobacco, Firearms & Explosives (ATF) for their regulations on bump stocks.
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.
Planet Fitness Launches Campaign With Actor And Comedian J.B. Smoove
Planet Fitness Inc. announced that actor and comedian J.B. Smoove will headline the company’s new creative campaign, “Get Down With Your Judgement Free Self,” and partner with the brand in the first quarter of 2019.
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.
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