The signing means the five-time major champion will play Callaway equipment for the remainder of his competitive playing career.
Category: Apparel
Nike’s Q1 Profits Slide
Nike reported earnings slumped 23.9 percent in the first quarter ended August 31 due to flat sales, eroding gross margins and expenses to cover workforce reductions as part of its Consumer Direct Offense. Earnings still came in 9 cents ahead of Wall Street’s consensus target.
Adidas Sports Marketing Head Arrested On Bribery Charges
Jim Gatto, the director of global sports marketing at Adidas, was arrested by the FBI as part of a bribery scheme. Gatto was charged with paying elite high school basketball players and their families up to six-figure sums to go to Adidas-affiliated colleges with promises to later sign with Adidas if they turned pro.
Mission Gets Its Own Heat Lab
In an interview with SGB, Josh Shaw, founder and CEO of Mission, said that beyond apparel, the lab will provide research into beverages, wearables and other areas. Said Shaw, “It’s going to be used to really further all elements related to heat safety.”
Bill Murray’s Golf Line Gains Andy Roddick, Brooklyn Decker And More As Investors
The lifestyle and apparel brand launched by Bill Murray and his brothers announced an investment round that included a lineup of high-profile individuals from sports, entertainment, music and fashion.
Icebreaker Opens First Edmonton Touchlab
The space will be a significant step for Icebreaker in Canada, and will feature the exclusive store launch of the Tabi collection.
ISPO Munich 2017 Draws Record Attendance
More than 86,000 visitors and 2,732 exhibitors attended ISPO Munich 2017, which took place from February 2 to 5.
LiFT23 And Paragon Sports Donate Socks NYC Homeless Shelters
LIFT23 Corp., the ski/snow socks company, in conjunction with Paragon Sports announced a donation of an additional 500 pairs of socks to children in NYC homeless shelters in time for the new school year.
Fabletics Supports Breast Cancer Awareness
“Doing Good is Always in Fashion” is the message behind the 2017 Fashion Targets Breast Cancer Campaign from the Council of Fashion Designers of America (CFDA) in partnership with Fabletics, the active-lifestyle brand co-founded by Kate Hudson in 2013.
L.L. Bean Releases Ad That Can Only Be Read Outdoors
L.L.Bean ran a full-page newspaper ad in the New York Times that can only read outdoors.
Deloitte Expects Holiday Sales To Increase 4 To 4.5 Percent
Retail holiday sales should rise a healthy 4 to 4.5 percent over last year’s shopping season, according to Deloitte’s annual retail holiday sales forecast.
Newell Brands To Resume Stock Repurchase Program
Newell Brands Inc. announced that it is reinstating its stock repurchase program that the company voluntarily suspended in the fourth quarter of 2015, in association with the Jarden transaction.
Tough Mudder To Deliver Live Event On Facebook’s Watch Platform
Tough Mudder Inc. has partnered with Facebook to deliver original, live event sports and fitness programming on Watch, Facebook’s new platform for shows.
Nike Recasts Segment Financials In Connection With Consumer Direct Offense
Nike furnished changes to its financial disclosures in connection with its new reportable operating segments as part of its Consumer Direct Offense. The company also indicated that it will stop reporting Future Orders beginning in its first quarter.
Nike Sides With NFL Players In Protest Dispute
Nike came out in support of the players’ right to protest in the public showdown between President Trump and players who refuse to stand during “The Star-Spangled Banner.” Nike became the first NFL sponsor to take a side in the controversy.
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