SGB Update

Boston Marathon Fundraising Raises $36.6 million In 2018 Race

Boston Marathon participants who ran on behalf of more than 260 non-profit organizations raised $36.6 million for charity in the 122nd year of the historic race. The fundraising total represents a 7 percent increase, or $2.4 million, over 2017’s results.  

Asics Becomes IPC Official Supplier

The International Paralympic Committee (IPC) announced Asics as an official supplier until the end of 2020 in an agreement that will benefit a number of Para athletes and developing National Paralympic Committees (NPCs).

North Pole Engineering Acquires The Wahoo GEM Product Line

North Pole Engineering (NPE), a specialist in connected fitness and IoT technologies, announced the acquisition of Wahoo’s GEM product line. GEM is a Bluetooth and ANT+ OEM module built to integrate with fitness equipment like treadmills, stair climbers, rowers, exercise bikes, and ellipticals for sharing exercise data.

ADA To Merge With NBS

ADA and NBS announced plans to merge, effective September 1, 2018. The ADA has agreed to join the NBS group to build a stronger team dealer organization.

Mark Walsh To Lead Avenue

Mark Walsh, the former CEO of Vestis Retail Group (Eastern Mountain Sports/Bob’s Stores), has been appointed chief executive officer of the Avenue brand of women’s plus-size fashion apparel, footwear and accessories.

Report: Nike’s Executive Exits Driven By Board Coup

According to extensive reporting from The Oregonian, Nike’s dismissal early this year of 11 execs was more than fallout from workplace behavior shortfalls stemming from the #MeToo moment. The article describes the exits as a “dramatic boardroom power play” led by Mark Parker, CEO, and company co-founder Phil Knight to oust Trevor Edwards and many of those aligned with him.

Olivia Billingsley Joins OrthoLite As Sales Manager

OrthoLite, a leading provider of insoles, announced the hire of Olivia Billingsley as sales manager, Premium. Billingsley’s expertise will further enhance OrthoLite’s collaborative efforts with brand partners such as Clarks, Kenneth Cole, Keds, Rockport and Michael Kors.

Dick’s Sporting Goods Exploring Hawaii

Dick’s Sporting Goods recently registered with the Hawaii Department of Commerce and Consumer Affairs, an indication that the retailer may be exploring a location in Hawaii.