Report: Puma Signs DeMarcus Cousins

Puma has signed DeMarcus Cousins of the Golden State Warriors as the company’s latest ambassador to support the company’s return to basketball, according to ESPN.

RYU Apparel Announces Approval For Warrant Repricing

RYU Apparel Inc., maker of urban athletic apparel, said the company has received acceptance from the TSX Venture Exchange (TSXV) to decrease the exercise price of a total of 114,186,456 warrants that were issued in private placement unit offerings on December 4, 2017.

OBIT: Nike’s Sandy Bodecker

Sandy Bodecker, a long-time Nike employee credited with bringing the Nike SB label to prominence and recently leading the Breaking project, has passed away.

College Basketball Scandal Spreads

In opening statements in the first trial tied to the FBI’s investigation into corruption throughout college basketball, a lawyer representing James Gatto, Adidas’ former director of global sports marketing, asserted that her client’s payments to the families of top high school basketball recruits were only made to compete with similar payments being made by Nike and Under Armour.

5 Takeaways From SFIA’s Industry Leaders Summit

Executives from leading sports, fitness and active lifestyle companies descended on Denver, CO, last week for the Sports & Fitness Industry Association’s sixth annual Industry Leaders Summit. Here are five takeaways from the event, including how to mitigate tariffs, what’s driving M&A and the growing importance of culture.

Implus Acquires RockTape

Implus, the market leader in athletic, fitness and outdoor accessories, announced the acquisition of RockTape, a leading provider of kinesiology tape, medical education and other health and wellness products.

College Hoops Corruption Trial Gets Under Way

The first trial tied to the FBI’s investigation into corruption throughout college basketball started on Tuesday. A lawyer representing James Gatto, Adidas’ former director of global sports marketing, asserted that her client’s payments to the families of top high school basketball players violated NCAA rules, but those rules “are not the laws of this country.”