SGB Update Footwear

PGA Show Enhances Safety Measures For Upcoming Show

The 2022 PGA Show organizers said it has implemented enhanced health and safety measures following CDC guidelines, local public health guidance and host venue protocols for its scheduled in-person Orlando, FL show to be held from January 25-28.

USA Triathlon Appoints Board Members

The National Governing Body of USA Triathlon announced that three independent directors were appointed to its Board of Directors—Felix Stellmaszek, San Francisco, CA and the re-appointment of Henry J. Brandon III, Los Angeles, CA and Monica Paul, Dallas, TX.

HitTrax And MLB Enter Licensing Agreement

InMotion Systems, creator of the HitTrax baseball system, and Major League Baseball have entered into a licensing agreement that allows HitTrax to incorporate MLB assets and trademarks directly into its platform.

Lululemon Names New CEO Of Mirror

Lululemon Athletica, Inc. announced the appointment of Michael Aragon as CEO of Mirror and Lululemon Digital Fitness, effective January 17, 2022. He was the chief content officer at Twitch.

Dick’s SG Raises Full-Year Outlook

Dick’s Sporting Goods Inc. in a regulatory filing Thursday raised its guidance for the full year and provided fourth-quarter earnings guidance that was well above Wall Street’s consensus target.

Authentic Brands Group Withdraws IPO

Authentic Brands Group Inc., officially withdrew its plans for an initial public offering, according to a regulatory filing with the Securities & Exchange Commission. The cancellation of the IPO was expected given its move in November to sell significant equity stakes in the company to private equity firms CVC Capital Partners and HPS Investment Partners.

Nike Sues Lululemon Over Mirror At-Home Mirror Apps

Nike, Inc., on Wednesday, filed a patent lawsuit against Lululemon Athletica, Inc. Nike claims to hold a number of fitness equipment patents that Lululemon is infringing with its Mirror connected fitness device and related mobile applications.

Outdoor Retailer Confirms January Show Still On, Masks Mandatory

In an open letter entitled “Looking forward to seeing you in Denver on January 26,” Outdoor Retailer show organizers said they have no current plans to cancel the Outdoor Retailer Snow Show 2022 amid a surge in COVID-19 outbreaks tied to the Omicron variant. Enhanced safety measures, including mandatory masks, are being implemented, said show organizers.

NRF: Widespread Shutdowns Unlikely Amid Omicron Surge

In a statement, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the COVID-19 Omicron variant brings uncertainty to the economy in 2022 and could contribute to inflation, but is unlikely to cause widespread shutdowns or slowdowns.

BSN Sports Acquires Team Sports Ink

BSN Sports, a division of Varsity Brands, announced that it has acquired Team Sports Ink, LLC located in Carson City, NV.

National Golf Foundation Appoints Board Members

The National Golf Foundation welcomed Golftec President and CEO Joe Assell and Ahead USA CEO Anne Broholm to its Board of Directors that spans the broad spectrum of the golf business.