Unequal Technologies Company has signed on as the Official Performance Protection Partner for both Babe Ruth League and Cal Ripken Baseball, a division of BRL.
Category: Sports/Fitness
Fanatics Hatches Deal With South Korea’s Coupang
Fanatics reached an agreement to become the exclusive provider of fan merchandise on Coupang, South Korea’s largest internet marketplace. The deal marks Fanatics’s second global marketplace deal after an agreement with Walmart was announced last month.

Acushnet’s Q4 Profits Slide On Sales Dip
Acushnet Holdings Corp., the parent of Titleist, reported Fourth quarter net income of $11.4 million, down 37.4 percent year over year. Sales of $343.4 million were down 2.3 percent year over year and dipped 1.4 percent in constant currency.

Puma Takes Over From Nike As Manchester City Kit Supplier
Puma and City Football Group have signed a global long-term partnership, which will see Puma supply the reigning English Premier League champions Manchester City, as well as sister clubs in Australia, Spain, Uruguay and China.
Slinger Bag Hires Seasoned Tennis Executive As CEO
Slinger Bag, makers of a portable tennis ball launcher, announced that Mike Ballardie has been named CEO of the company.

Nike Ranked Most Valuable Apparel Brand
Nike ranked as the most valuable apparel brand at $32.4 billion, according to Brand Finance, the brand valuation and strategy consultancy.
Zone7 Raises $2.5 Million Seed Round
Zone7, which uses data and analytics to identify the potential for injuries with athletes, has raised $2.5 million in seed funding, led by Resolute Ventures, with participation from UpWest, Amicus Capital, Dave Pell, PLG Ventures, as well as current and former professional athletes.

Fitbit Sees Profit Rebound In Q4
Fitbit Inc reported a profit on an adjusted basis of $36.3 million, or 14 cents a share, rebounding from a loss of $4.7 million, or 2 cents, a year ago. Sales inched up 0.1 percent to $571.2 million from $570.8 million. Device sales grew for the first time since the fourth quarter of 2016.

Sports Stars To Support PHIT Act On Capitol Hill
On March 13, 2019, the Sports & Fitness Industry Association (SFIA) will be hosting the 20th annual National Health Through Fitness Day to promote the Personal Health Investment Today (PHIT) Act. Herschel Walker, Steve Garvey and Carl Lewis will be among the sports legends in attendance.

Big 5 Turns Bullish As Winter Kicks In
Big 5 Sporting Goods Corp. said its holiday quarter came out better than expected as chilly weather goosed sales. Continued seasonal weather into February also has the California-based chain upbeat for the first quarter.
Dick’s Sporting Goods Announces 22 Percent Increase In Quarterly Dividend
Dick’s Sporting Goods’ board of directors authorized and declared a quarterly dividend of $0.275 per share on the company’s common stock and Class B common stock.
Academy Sports To Open Five Stores
Academy Sports + Outdoors announced plans to open five stores. The stores will open in Georgetown, TX; Buford, GA; Gastonia and Mooresville NC; and Ardmore, OK.

VF Corp. Signs On As Title Sponsor Of Colorado Classic
Organizers of the 2019 Colorado Classic (August 22-25) announced that VF Corporation will be the first title sponsor in the race’s history. The exclusive title sponsorship by VF is a two-year commitment that provides financial and marketing support for the stand-alone women’s pro cycling race.
Nike Signs 13-Year Old Female Soccer Phenom
Nike has signed a multiyear endorsement deal with Olivia Moultrie, the 13-year-old soccer standout, according to The New York Times.
Under Armour Lays Off Warehouse Workers
Under Armour has laid off 111 employees at a distribution center in Rialto, CA, according to the San Bernardino County Sun.