The NFL says it’s committing $60 million towards developing technology such as improved helmets and an additional $40 million over the next five years towards medical research, primarily neuroscience, as part of a new player health and safety initiative.
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
PHIT America And SFIA Award Go! Grants
Personal Health Investment Today (PHIT) America and the Sports & Fitness Industry Association (SFIA) will award 118 Go! Grants to school-based physical activity programs in 29 states throughout the U.S.

Golfsmith Blames Bankruptcy In Part On Tiger Woods
The retailer struggled with larger store formats, the recession, a shift to online shopping and the descent from stardom of one of golf’s greatest players.

Golfsmith To Restructure In Bankruptcy Proceedings, Agrees To Sell Golf Town
The Chapter 11 reorganization is designed to support a sale of the Canadian-based business of Golf Town and a debt recapitalization of the U.S.-based business of Golfsmith.
Callaway And Taylormade Top Golfsmith’s Unsecured Creditors List
The list of the 30 top unsecured creditors in the Golfsmith International Holdings bankruptcy case was led by Callaway Golf, owed $5.5 million, followed by TaylorMade Golf at $5.1 million and Nike USA at $3.5 million.

Soaking With Style
Consumers are looking for their water sandals to do more than just manage a river bed, and that includes enabling them to tackle other nearby activities as well as socialize.

Shoe Carnival Sees 100 Nike In-Store Shops In 2017
Footwear chain plans to have 47 Nike shop-in-shops open this year, and more than 100 by the end of 2017. Will other brands get similar deals?

The Fastest Growing Active Brands
Inc. 5000 list includes Yeti Coolers, Oiselle and other industry brands to watch.

Under Armour Upbeat About Second Half
Faster-than-expected improvement in the industry’s overall inventory levels bodes well for a pickup in the back half of the year should weather cooperate.

With A Speedy Bankruptcy Exit, PacSun Returns To Private Ownership
The owner of Eddie Bauer, Payless Shoes, Express and Zales, adds the action sports lifestyle retailer to its roster, committing millions, but with plans to close more than 100 stores.

Dick’s Sporting Goods Already Grabbing TSA Share
The chain is experiencing notable sales gains in some categories where Sports Authority previously had a strong presence.

Acushnet’s Revenue In First Half Boosted By Clubs And FootJoy
Adjusted earnings rose moderately in the first six months while sales expanded a healthy 4.6 percent, according to an updated regulatory filing to support its initial public offering.

Smith & Wesson Hikes Outlook After Blowout Q1
Firearms segment sales grew 47.7 percent on strong orders for both handguns and long guns. Outdoor Products & Accessories sales drop on Thompson/Center price increases.

Genesco’s Shares Crash On Disappointing Outlook
The company’s Journeys chain is being hurt by a fashion shift that’s “more pronounced than we have ever seen in the past.”

Adidas Creates Apparel Collection Around Pre-Game Rituals
The line is expected to account for 50 percent of Adidas brand’s overall athletic apparel business within 18 months while helping set a “new brand identity.”