SGB Update

Under Armour Partners With North Florida

The University of North Florida, based in Jacksonville, FL and UNF Athletics have entered into a new partnership agreement with Under Armour Inc.

Deloitte: Back-To-School Spending Expected To Show Modest Gain

According to Deloitte’s annual “Back-to-School Survey,” back-to-school spending is expected to increase 1.8 percent to $27.8 billion, averaging $519 per student in households buying clothing, supplies, computers, and electronics for children in grades K to 12.

Sergio Tacchini Announces New Ownership

Sergio Tacchini, the sportswear brand founded in 1966 by Italian tennis player Sergio Tacchini, announced new ownership of its brand assets led by entrepreneur Stefano Maroni, Twin Lakes Capital LLC and B. Riley Principal Investments LLC, a subsidiary of B. Riley Financial Inc.

Tender Corp. Acquires Counter Assault

Tender Corporation announced the acquisition of Bushwacker Backpack & Supply, maker of the popular Counter Assault brand of personal-defense products, including the leading bear spray and tools for law enforcement and self-defense.

Wahoo Acquires The Sufferfest

Wahoo, a leader in connected fitness devices, announced its intention to acquire The Sufferfest, the training platform for cyclists, triathletes and other endurance athletes.

SC Johnson To Acquire Sun Bum

SC Johnson announced that it has signed an agreement to acquire Sun Bum, a fast-growing brand that makes personal care products including sun protection, hair care and lip care products.

OBIT: Athletic Footwear Pioneer Jerry Turner

Jerry Turner, who dramatically transformed the athletic business during his 60-year career, died on Tuesday in Los Angeles, at the age of 84. He led Brooks in the ’60s and ’70s; founded American Sporting Goods, and is credited with inventing the stability running shoe category and bringing EVA to running midsoles.

Helen Of Troy Raises Fiscal 2020 Outlook On Strong Housewares Projection

Helen of Troy Ltd., whose brands include Hydro Flask, on Tuesday raised its fiscal 2020 outlook and now expects consolidated net sales revenue in the range of $1.590 to $1.620 billion. That marks a sales growth of 1.7 percent to 3.6 percent, up from the prior expectation of 1 percent to 3 percent.