Sports/Fitness Financial

Asics Appoints Koichiro Kodama To Head Asics America

Feb 14, 2019SGB Updates

Asics announced that Koichiro Kodama will replace Gene McCarthy as president and CEO of the Asics America Group segment. (Read More)

Asics’ Operating Earnings Tumble On Americas Weakness

Feb 14, 2019SGB Updates

Asics reported operating income slumped 46.3 percent in 2018 on a 3.4 percent decline in sales. Results were impacted by a sharp decline in sales in the Americas region. (Read More)

Puma Q4 Revenues Jump 20 Percent

Feb 14, 2019SGB Updates

Puma wrapped up 2018 by reporting significant earnings gains in the fourth quarter on a 20.1 percent revenue gain. For 2019, Puma expects earnings to climb 23 percent on a 10 percent sales increase. (Read More)

Headsweats Becomes Apparel Sponsor Of Mercedes-Benz Corporate Run

Feb 13, 2019SGB Updates

Headsweats joins the Mercedes-Benz Corporate Run presented by Turkish Airlines as the official apparel sponsor. (Read More)

HanesBrands Achieves Leadership Position in CDP 2018 Report

Feb 13, 2019SGB Updates

HanesBrands announced that it earned an A- score and took a leadership position in the CDP 2018 Climate Change Report. Hanes has voluntarily reported its carbon emissions data since 2010 to CDP, which was formerly known as the Carbon Disclosure Project. (Read More)

Puma And NBA Announce Multiyear Partnership

Feb 13, 2019SGB Updates

The National Basketball Association (NBA) and Puma announced a new multiyear partnership that will make Puma an official marketing partner of the NBA. Puma will be able to feature athletes in their respective NBA uniforms and team logos. (Read More)

Shimano’s Revenues Expand 3.6 Percent In 2019

Feb 13, 2019SGB Updates

Shimano reported operating income rose 2.1 percent in 2019 as sales improved 3.6 percent. (Read More)

RYU Apparel Closes First Tranche Of $6 Million Private Placement

Feb 13, 2019SGB Updates

RYU Apparel Inc. has closed a first tranche of the non-brokered private placement financing of up to 80 million units at a price of $0.075 per unit for gross proceeds of up to $6 million. (Read More)

Tough Mudder Partners to Launch On-Demand Fitness Training Program

Feb 12, 2019SGB Updates

Openfit, a digital streaming platform, is teaming up with Tough Mudder to create Tough Mudder T-MINUS 30, a 30-day fitness and nutrition program to prepare participants for the physical and mental challenges of a Tough Mudder event. (Read More)

Garmin Agrees To Acquire Tacx

Feb 12, 2019SGB Updates

Garmin Ltd. announced that one of its affiliates has signed a definitive agreement to acquire all of the outstanding shares of Tacx Onroerend en Roerend Goed B.V (Tacx), a privately-held Dutch company that designs and manufacturers indoor bike trainers, tools and accessories, as well as indoor training software and applications. (Read More)

Sports/Fitness Financial

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