Sports/Fitness | Page 621 | SGB Media Online

Modell’s To Move Corporate Office

October 23, 2019 SGB Update

Modell’s Sporting Goods is moving its corporate offices in 2020 to 1430 Broadway on the southwest corner of West 40th St.

Gildan Steps Up U.S. Production With $5 Million North Carolina Yarn Mill

October 22, 2019 SGB Update

Gildan Activewear plans to invest $5 million to revamp and operate a new yarn spinning mill in Eden, NC. The new location will be the company’s fifth state-of-the-art yarn spinning mill in North Carolina.

Skechers Achieves Record Net Sales In Third Quarter

October 22, 2019 SGB Update

Skechers USA Inc. reported net earnings rose 13.7 percent in the third quarter on a 15.1 percent revenue gain.

Nike’s CEO Mark Parker To Step Down In January 2020, John Donahoe To Succeed

October 22, 2019 SGB Update

Nike Inc said John Donahoe will be appointed as the company’s new president and chief executive officer, effective Jan. 13, 2020. At the same time, Mark Parker, CEO since 2006 and chairman, president and CEO since 2016, will become executive chairman and continue to lead the board of directors and work closely with Donahoe and the senior management team.

Voxel8 Announcing Series B Investment Round

October 22, 2019 SGB Update

Voxel8, a start-up bringing 3-D printing to footwear and athletic apparel, announces a Series B funding led by DSM Venturing, the venture investment arm of DSM.

Synchrony And Dick’s Sporting Goods Announce Multi-Year Extension

October 22, 2019 SGB Update

Synchrony announced it has signed a multi-year extension with Dick’s Sporting Goods. Building on a more than 15-year relationship, this agreement will continue to provide customers with special financing promotions, an accelerated rewards program, and digital account management through the ScoreRewards branded credit card and co-branded Mastercard credit programs.

IAAF To Investigate Nike’s Record-Breaking Shoe

October 22, 2019 SGB Update

The International Association of Athletics Federation (IAAF), the organizing body for various running-based competitions, launched a probe into the Nike Vaporfly after reported complaints about its use in competition.

Under Armour Founder Kevin Plank Steps Aside As CEO

October 22, 2019 SGB Update

Kevin Plank, the founder and CEO of Under Armour Inc., is stepping down as CEO. Patrik Frisk, the company’s chief operating officer, will take over as CEO at the end of the year. Plank, who started the sportswear company in 1996, will stay as executive chairman and brand chief.

Mike Dowse To Head USTA

October 22, 2019 SGB Update

Michael Dowse, president of Wilson Sporting Goods Co., has been named chief executive officer and executive director of the United States Tennis Association.

USA Triathlon Becomes First-Ever U.S. National Governing Body To Form CBD Partnership

October 21, 2019 SGB Update

USA Triathlon became the first U.S. National Governing Body in the Olympic and Paralympic Movement to formalize a partnership with a CBD (cannabidiol) manufacturer, aligning with Pure Spectrum CBD through 2023.

Callaway Golf Signs Stephen Curry

October 21, 2019 SGB Update

Three-time NBA champion and international superstar, Stephen Curry, has entered into a unique partnership with golf equipment manufacturer, Callaway Golf Company.

Adidas’ Eric Liedtke To Exit At Year End

October 21, 2019 SGB Update

Adidas AG announced that Eric Liedtke, a 25-year Adidas veteran responsible for global brands, plans to exit the company at the close of the year. Liedtke was credited with guiding successful collaborations with global influencers such as Kanye West, Pharrell Williams and Beyoncé. Brian Grevy, CEO of Gant, will return as executive board member, responsible for global brands at the start of next year.