SGB Sports & Fitness

Performance Sports Group Q4 Impacted by Currency Woes

In reporting preliminary fourth-quarter results, Performance Sports Group Ltd. (PSG) said foreign exchange (FX) impacted fourth-quarter results by 13 cents a share, resulting in adjusted net income of approximately $8 million, or 17 cents per share…

Zozi Raises $30 Million in Financing

Zozi, a startup that hooks merchants up with those seeking travel experiences using proprietary software, raised $30 million in a new round of financing. The new infusion of capital was led by Pritzker Vlock Ventures and included Richard Branson of the Vi

Dick’s SG to Open First All-American Sports Center

Dick's Sporting Goods will be opening its first All-American Sports Center on Thursday, July 23rd in Mobile, AL. The All-American Sports Center features a Dick's Sporting Goods and a Field & Stream store in one location under the same roof.

Jawbone Sues to Block Imports of Fitbit Trackers

Jawbone filed a complaint with the International Trade Commission (ITC) against Fitbit, charging the company strategically lured away its employees to steal its trade secrets. The filing requests that the ITC ban Fitbit from importing the company's p

Perry Ellis Raises Guidance

Perry Ellis International Inc. raised its adjusted earnings guidance for the second quarter of fiscal 2016, ending Aug, 1, 2015 to breakeven. This guidance represents the better end of the company's initial expectations…

Brunswick Acquires SCIFIT

Brunswick Corporation has acquired SCIFIT Systems, Inc., which will become a part of Life Fitness. SCIFIT is a leading provider of exercise equipment tailored to the needs of the growing number of active aging seniors…

Nike India Opens Largest Store

Nike opened its largest store in India in Bengaluru. The 7,355-square-store offers apparel and footwear for running, football, cricket, basketball, tennis and women's training…