“SFIA believes a trade war will hurt American consumers, businesses and workers. It’s not clear how this gets resolved once it starts,” said SFIA CEO and president Tom Cove.
Category: Sports/Fitness
Russell Athletic Partners With Boxercraft On College Licensed Apparel
Russell Athletic and Boxercraft announced a partnership that names Boxercraft as the exclusive decoration, marketing and sales partner for Russell Athletic’s collegiate licensed business.
Dick’s Sporting Goods To Open Stores In Colorado And Virginia
Dick’s Sporting Goods will be opening two new Dick’s Sporting Goods stores in July in Richmond, VA, and Fort Collins, CO.
Fabletics Aiming For 100 Locations
TechStyle Fashion Group celebrated the five-year anniversary of Fabletics by announcing the next phase of retail and international expansion, enhanced collections, new additions to the leadership team and an aggressive vision for growth.
Sweet Briar College Partners With Under Armour, BSN Sports
Sweet Briar College in Virginia announced a five-year partnership with BSN Sports and Under Armour.
Boston Marathon Fundraising Raises $36.6 million In 2018 Race
Boston Marathon participants who ran on behalf of more than 260 non-profit organizations raised $36.6 million for charity in the 122nd year of the historic race. The fundraising total represents a 7 percent increase, or $2.4 million, over 2017’s results.
Asics Becomes IPC Official Supplier
The International Paralympic Committee (IPC) announced Asics as an official supplier until the end of 2020 in an agreement that will benefit a number of Para athletes and developing National Paralympic Committees (NPCs).
Buffalo Agency Introduces Buffalo Collective for Emerging Golf, Sport, Lifestyle Brands
Buffalo Agency—the fully integrated marketer representing golf, sport and lifestyle brands globally—has launched Buffalo Collective, a predominantly 12-month immersion program designed to promote a limited number of early-stage and emerging brands with high-appeal offerings and storylines.
North Pole Engineering Acquires The Wahoo GEM Product Line
North Pole Engineering (NPE), a specialist in connected fitness and IoT technologies, announced the acquisition of Wahoo’s GEM product line. GEM is a Bluetooth and ANT+ OEM module built to integrate with fitness equipment like treadmills, stair climbers, rowers, exercise bikes, and ellipticals for sharing exercise data.
ADA To Merge With NBS
ADA and NBS announced plans to merge, effective September 1, 2018. The ADA has agreed to join the NBS group to build a stronger team dealer organization.
Report: Nike’s Executive Exits Driven By Board Coup
According to extensive reporting from The Oregonian, Nike’s dismissal early this year of 11 execs was more than fallout from workplace behavior shortfalls stemming from the #MeToo moment. The article describes the exits as a “dramatic boardroom power play” led by Mark Parker, CEO, and company co-founder Phil Knight to oust Trevor Edwards and many of those aligned with him.
Retail Reports Roundup
Studies arrived last week showing Nike and Patagonia ranking high for their reputations, Lululemon earning accolades for the company’s work environment, Amazon’s Prime Day driving BTS selling earlier, rising expectations for same-day delivery for holiday, retail-tech challenges for smaller retailers and more.
Retail Imports To Set New Record This Month
Driven by increasing consumer demand and rising retail sales, imports at the nation’s major retail container ports are expected to set a new record this month even though new tariffs on goods from China just took effect, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
SFIA Partners With WFSGI
The Sports & Fitness Industry Association (SFIA) is partnering with the World Federation of the Sporting Goods Industry (WFSGI) to support the promotion of the WFSGI Compliance Labeling Requirements (CLR) Database, which will be operational in late July 2018.
Whistle Sports Raises $28 Million In Funding
Whistle Sports, the entertainment media brand that creates, curates and distributes content for young audiences, announced the company has raised over $28 million in funding.
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