Category: Sports/Fitness

NFL Partners With Nike On 11-On initiative

June 4, 2019 SGB Update

In continuation of their commitment to developing the next generation of football athletes, the NFL and Nike announced the Nike 11-On initiative, a scholastic-based, team-oriented, character-building program.

Asics Takes Equity Stake In Aura Vision

June 4, 2019 SGB Update

Asics Corporation announced that Asics Ventures Corporation, its investment subsidiary, has taken an equity stake in Aura Vision, a startup that provides in-store analytics for offline retailers.

Visa Increases Global Investment In Women’s Soccer

June 3, 2019 SGB Update

Visa entered a five-year sponsorship agreement with the world leader in women’s soccer, the U.S. Soccer Federation, to contribute to its long-standing investment in the development of women’s soccer and support the U.S. Women’s National Team through 2023.

USA Triathlon Announces Key Organizational Updates

June 3, 2019 SGB Update

USA Triathlon announced several key organizational updates, including the election of Jacqueline McCook as president of the USA Triathlon board of directors, and Joel Rosinbum as vice president of the board, becoming the first woman and elite paratriathlete, respectively, to ever hold these positions.

Gap Misses Q1 Estimates

May 30, 2019 SGB Update

Gap Inc.’s first-quarter earnings and sales missed Wall Street’s expectations in what Art Peck, president and chief executive officer, described as an “extremely challenging” period.

Dick’s Lifts Outlook After Q1 Beat

May 29, 2019 SGB Update

Dick’s Sporting Goods raised its full-year profit outlook after reporting first-quarter earnings that topped analysts’ estimates. Same-store sales were flat in the quarter  compared with a drop of 2.5 percent during the same period a year ago. CEO Ed Stack said same-store sales at Dick’s “turned positive in March and remained positive in April, as we started to see the benefits of our key strategies and investments.”

Trade War Impact Remains Uncertain

May 28, 2019 SGB Executive

On quarterly conference calls last week, executives at both retailers and vendors said the ultimate impact of the tariff war isn’t clearly known, especially if the fourth tranche on $300 billion of imports that hit apparel and footwear items becomes effective. But most reassured analysts they’re taking or have taken steps to mitigate most of the expected damage. Comments from VF Corp, Deckers Brands, Kohl’s, JC Penney, Target, Hibbett Sports, TJX Cos. and Ross Stores.

MIPS Acquires Fluid Inside

May 24, 2019 SGB Update

MIPS, the maker of brain protection systems for cycling helmets, announced the acquisition of the brand Fluid Inside and related patent rights. The acquisition builds MIPS’ product offering and safety solutions associated with technology that addresses both linear and rotational motions to improve helmet protection.

1 … 645 646 647 648 649 … 1,534