Companies that are subject to new tariffs on Chinese-made products might be able to mitigate some or all of the financial impact, according to David Cohen, a Washington, DC-based international trade lawyer, who spoke at the recent SFIA Industry Leaders Summit. “You’re not sitting ducks. There are ways, there are countermeasures, that companies can take.”
Category: Sports/Fitness
Community Engagement Pays Off
Whether its coaches for BSN Sports, runners for Fleet Feet or the local Latino community for WSS, the benefits of engaging communities was spelled out loudly at a session featuring a number of retailers at the SFIA’s recent Industry Leaders Summit in Denver. The challenges in driving consistent engagement were also heard.
Dick’s Sporting Goods Announces Grand Opening Of Four Stores In October
Dick’s Sporting Goods will be opening two new Dick’s Sporting Goods and two new Golf Galaxy stores in October. Dick’s will now have 733 Dick’s Sporting Goods stores and 96 Golf Galaxy stores nationwide in 47 states.
RYU Apparel Announces Upgrade To OTCQB Marketplace
RYU Apparel Inc. announced that commencing October 8 the company’s common shares will be listed for trading on the OTCQB Marketplace under the trading symbol OTCQB: RYPPF.
Phil Knight Donates Nearly $1B In Nike Stock To Philanthropy
Nike co-founder and chairman emeritus, Phil Knight, gave 12 million shares of Nike stock valued at $990 million to an unnamed charity, according to a regulatory filing.
Joe Bozich To Lead Fanatics Brands
Fanatics Inc. has promoted Joe Bozich to president of Fanatics Brands, the sports licensing giant’s in-house manufacturing and wholesale apparel division, sources told SGB. Bozich replaces Raphael Peck, who has left Fanatics to pursue other business opportunities.
Reebok Signs Conor McGregor
Reebok signed UFC fighter Conor McGregor to a multi-million dollar deal, according to ESPN. The report indicated the deal is worth at least $5 million.
CrossFit Officially Sanctions Global Fitness Festival Wodapalooza
CrossFit Inc. announced that Wodapalooza, a global fitness festival and inclusive competition, is joining the roster as the seventh event to be sanctioned by CrossFit.
Roka Sports Partners With P1440
Roka Sports Inc., the Austin, TX-based performance multisport company, has announced a partnership with P1440, a new event series started by five-time Olympian Kerri Walsh Jennings.
Fanatics Boosts Its International Team
Fanatics announced several additions to its international leadership team. Hires include Ignacio Beristain Borra, Bill Tung, Ian Nelson, Zohar Ravid and Masanori Kawana.
Q&A With Meridith Unger Of SFIA Start-Up Challenge Winner Nix Biosensors
Nix Biosensors was the winner of the Sports & Fitness Industry Association’s third annual Start-Up Challenge, held at last week’s Industry Leaders Summit in Denver, CO. Meridith Unger, founder and CEO of the Boston, MA-based company, spoke with SGB about what this award means for the business moving forward.
Aisle Talk Week of October 1
Top headlines from the active lifestyle industry you may have missed this week, including BSN Sports, a division of Varsity Brands and the nation’s largest direct marketer and distributor of sporting goods to the school and league markets, completing its acquisition of Port Jeff Sporting Goods (pictured).
Brian Bowen Sr. Details Bribes From Multiple College Teams
On the fourth day of the college basketball corruption trial, the father of an elite basketball recruit testified that before his son committed to Louisville, a family friend told him four other schools, Arizona, Creighton, Oklahoma State and Texas, offered competing bids. Brian Bowen Sr. also discussed details of pay-to-play payments from youth basketball teams.
Overload Golf Ventures Acquires Henry-Griffitts
Overload Golf Ventures announced that the company has acquired Henry-Griffitts, a pioneer in club fitting and club fitting education.
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