SGB Update

SFIA Partners With WFSGI

The Sports & Fitness Industry Association (SFIA) is partnering with the World Federation of the Sporting Goods Industry (WFSGI) to support the promotion of the WFSGI Compliance Labeling Requirements (CLR) Database, which will be operational in late July 2018.

RILA Warns Against China Tariffs

The Retail Industry Leaders Association (RILA) issued a warning that American families and workers will be most impacted by the barrage of tariffs imposed on consumer products from China, and U.S. exports to the European Union, Canada, Mexico, and China.

NRF Issues Statement On Chinese Goods Tariffs

President and CEO Matthew Shay said, “With tariffs against China taking effect, American consumers are one step closer to feeling the full effects of a trade war.”

Whistle Sports Raises $28 Million In Funding

Whistle Sports, the entertainment media brand that creates, curates and distributes content for young audiences, announced the company has raised over $28 million in funding.

RYU Apparel Partners With Steve Nash Fitness World & Sports Club Locations

RYU (Respect Your Universe) Apparel Inc. has been chosen by Steve Nash Fitness World & Sports Club (SNFW), the largest fitness club provider in British Columbia, Canada, to supply apparel to the staff and trainers of all 23 current locations and new facilities opening across the province.

Helen of Troy’s Houseware’s Sales Climb 19 Percent

The gains reflected incremental distribution with existing domestic customers, an increase in online sales, new product introductions for both the Hydro Flask and OXO brands, an increase in sales into the club channel, an acceleration of Hydro Flask orders by retailers in advance of the Hydro Flask integration into the Helen of Troy ERP system and international growth.

June Retail Jobs Increase But Trade War Could Turn Confidence

Retail industry employment in June increased by 50,200 jobs unadjusted over the same time last year despite a seasonally adjusted drop from May of 25,800, the National Retail Federation said Friday. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 213,000 jobs over May, the Labor Department said.

Puma Reorganizes Global Communications

Corporate communications, brand and product PR as well as employer branding will be brought together and headed up by Kerstin Neuber in her new position as senior head of communications, a newly created role.

Adidas Confirmed App To Shut Down

Three years after its launch, Adidas’ Confirmed App will be phased out. The sneaker reservation process will be incorporated into the official Adidas app.