Drexel Athletics has entered into a five-year partnership with Nike through BSN Sports. The agreement, which officially began on July 1, 2018, is part of BSN Sports Collegiate Select program.
Category: Sports/Fitness
Intradeco Acquires Headsweats
Intradeco, a global vertical-manufacturing company in the textile industry, has acquired Headsweats, a leader in performance headwear.
Breakthrough Golf Technology Inks Distribution Agreement With Club Champion
Breakthrough Golf Technology has reached an agreement with Chicago-based clubfitting chain Club Champion to distribute the company’s new Stability putter shaft that combines a scientifically advanced multi-material design with unique geometries.
June Retail Sales Up 4.2 Percent Over 2017
June retail sales were up 0.07 percent seasonally adjusted from May’s strong performance and increased 4.2 percent unadjusted year-over-year as economic growth continued despite the U.S. trade war with China and other countries, the National Retail Federation said Monday. The numbers exclude automobiles, gasoline stations and restaurants.
Pentland Brands Appoints Directors To Lead Team Sports, Berghaus & Fashion Footwear
Pentland Brands Limited has announced the appointment of three directors to head up the company’s Team Sports (Canterbury & Mitre), Berghaus and Fashion footwear brands (Ted Baker & Karen Millen).

Retail Report Roundup
Studies arrived last week on BTS selling arriving early, stores dominating BTS selling, Amazon Prime Day launching BTS season, U.S. retail CEOs who are bullish on growth, Nordstrom’s high emotional intelligence ranking, Amazon’s broadening influence and loyalty-program inhibitors.
IHRSA Urges Support For PHIT Bill Passage
H.R. 6312, a modified version of PHIT, removes exercise videos and exercise equipment from the definition of medical care but is better positioned to move onto to the next stage of the legislative process.

Reebok Partners With Danai Gurira
Reebok announced a new partnership with women’s award-winning playwright and actor Danai Gurira

Jim Baugh Discusses Possible PHIT Act Passage
On Thursday, the U.S. House of Representatives Committee on Ways & Means approved the PHIT Act, bringing the bill the closest it’s come to becoming law since its inception. Here, Jim Baugh, founder of PHIT America, talks about what passage of the PHIT Act could mean for the sporting goods industry, continuing obstacles to its passage and the ongoing battle against sedentary lifestyles.

SGB Executive Q&A: Oofos’ Steve Gallo
Steve Gallo, president of Offos, discusses what’s behind the recovery-footwear leader’s explosive growth, the brand’s fanatical fans and the still-emerging recovering footwear opportunity.

Aisle Talk Week Of July 9
Top headlines from the active lifestyle industry you may have missed this week, including Fabletic’s big hires and ambitious plans to reach 100 stores.

PHIT Act Passes Key House Committee Vote, Heads to Full House For Vote
The top congressional tax committee, the U.S. House of Representatives Committee on Ways & Means, approved the Personal Health Investment Today (PHIT) Act, by a vote of 28-6. The PHIT Act was passed through the committee, and will be part of a larger package of health savings account (HSA) reform measures that the full House will vote on later this month.
NFL Announces Winners Of HeadHealthTECH Challenge IV
FieldTurf, Corsair Innovations and Yobel Technologies all received grants in the latest round of the TECH Challenge series.

Does 2026 World Cup Present “Open Goal” For Adidas?
In a 26-page report, analysts at Macquarie Research said the 2026 World Cup, which is taking place in North America, represents a major opportunity for Adidas to increase the company’s lead in the sport of global football (soccer) and could significantly help narrow the company’s wide gap in U.S. market share against Nike.

Deutsche Bank Sees Momentum At Vans, Bounce Back For North Face
Deutsche Bank Research initiated coverage of VF Corp. with a “Buy” rating in part because the firm sees Vans continuing to benefit from healthy streetwear trends in the years ahead while The North Face appears ready to re-accelerate growth.