SGB Today Sports & Fitness

Academy Sports Announces Secondary Offering Of Common Stock

Academy Sports and Outdoors Inc. announced that certain of its stockholders, including affiliates of Kohlberg Kravis Roberts & Co. L.P., intend to offer for sale in an underwritten secondary offering 12 million shares of common stock of Academy Sports.

Gainful Secures $7.5M In Funding

Personalized sports nutrition company Gainful has raised a $7.5 million Series A funding after seeing its revenues more than double over the past year.

Club Champion Adds Five New Locations

Club Champion said it plans to add five new custom club fitting services in Memphis, TN; Jupiter, FL; Bradenton, FL; Tacoma, WA; and Des Moines, IA.

Lululemon Sees Q4 Earnings At Upper End Of Guidance

Lululemon Athletica Inc. announced the company now expects revenue and earnings to be at the high end of its prior range of expectations for the fourth quarter of fiscal 2020 ending January 31.

Adidas Raises Commitment To Sustainable Products

Adidas AG said more than 60 percent of its products will be made with sustainable materials in 2021. From 2024 onward, Adidas is committed to using only recycled polyester.

Game Changers: Express x NBA

Express’ NBA-themed “Game Changers” announced today that NBA players Brandon Ingram, Denzel Valentine, Jamal Murray and John Collins, exemplify the true spirit of what it means to be a game changer.

Item Of The Day: Jaybird Run Headphones

Designed from insights gained from top runners around the world, Jaybird Run delivers a secure, run-specific comfort-fit, sweat proofing, water resistance and skip-free customizable sound with 12 hours of battery life.

Gap, Inc. Sees Potential In Athletic Wear Market

As many retailers have done, Gap Inc. plans to focus on its fitness and lifestyle brand, Athleta, which is on track to reach $1 billion in revenue within the next few years.

Klean Kanteen’s New Finish Environmentally Friendly

Stainless steel water bottles are rugged, versatile and should last a long time – maybe even a lifetime – but Klean Kanteen was seeing an unusually high number of premature customer returns for a particular reason: paint chipping.