SGB Sports & Fitness

Lululemon Founder Criticizes Board, Calls For Changes

In an open letter to shareholders released Wednesday, Lululemon Athletica Inc founder Chip Wilson criticized the retailer’s board, calling for annual election of the entire board to make directors more accountable for the company’s performance.

Textile Exchange Refutes PETA Claims

The Textile Exchange said a video published last week by PETA showing Chinese farmers live plucking geese for down was not filmed at farms certified to the Responsible Down Standard embraced by many outdoor brands.

Study Highlights ‘Emotional Labor’ Required of Student-athletes

A recent study from North Carolina State University exposed the “emotional labor” required of collegiate student-athletes, which can leave student-athletes feeling powerless, frustrated and nervous. The study calls on universities to better prepare their student-athletes with communication skills they can use to address the challenges of emotional labor.

Oiselle Names New Director of Marketing

Oiselle, an athletic apparel company dedicated exclusively to the needs of women, hired Megan Mackenzie Murray as its director of marketing. Murray joins Founder and CEO Sally Bergesen, and President Atsuko Tamura, in designing the customer experience and leading multi-channel strategic growth. Murray joins Oiselle after a career in marketing, most recently as Associate Director […]

HanesBrands Updates Guidance on Pending Acquisitions

HanesBrands, the parent of Champion, raised its 2016 sales guidance while slightly lowering its EPS guidance to reflect the expected contributions from the pending acquisitions of Champion Europe and Pacific Brands Limited as well as debt refinancing

Under Armour Takes Hit on Sports Authority Bankruptcy

Under Armour Inc. said it was revising its previously issued outlook for the full year and second quarter of 2016 following recent developments related to the bankruptcy of The Sports Authority. The company will take a $23 million impairment charge.