SGB Update

TRX Hires VP International

TRX, the developer of functional training equipment, education and technology, announced Olivier Ciaravino as vice president, international.

Peloton To Live-Stream From PyeongChang

NBC Olympics and Peloton, the in-home fitness and technology company, are live streaming indoor cycling classes from NBC Olympics’ broadcast studio in PyeongChang, South Korea, during the XXIII Olympic Winter Games.

Alterra Mountain Appoints CEO

Alterra Mountain Company, the owners of Steamboat, Deer Valley, Mammoth Mountain, Squaw Valley and several other resorts, announced the appointment of Rusty Gregory as chief executive officer.

The Buckle’s Comps Inch Up 0.2 Percent In January

The Buckle, Inc.  announced that comparable store net sales, for stores open at least one year, for the 5-week period ended February 3, 2018 increased 0.2 percent from comparable store net sales for the 5-week period ended February 4, 2017.

GOAT Acquires Flight Club

GOAT, the world’s leading digital sneaker marketplace, announced a merger with sneaker consignment pioneer Flight Club. The merger brings together two leading brands in the sneaker space. Along with the merger, GOAT and Flight Club announced a new funding round of $60 million led by Index Ventures.

HanesBrands Revenues Climb 4 Percent in Q4

HanesBrands reported fourth-quarter net sales increased 4 percent to $1.645 billion. Organic sales, which exclude acquisitions under a year old, increased 2 percent in constant currency in the fourth quarter, the second consecutive quarter of organic growth. Champion sales were up 15 percent.

Amer Sports Sees 4 Percent Q4 Revenue Growth

Amer Sports reported operating earnings in the fourth quarter before special items rose 13.9 percent as revenues grew 9.0 percent on a currency-neutral basis. The gains were led by the Fitness segment, up 12 percent, and Outdoor, 11 percent. Ball Sports inched up 1 percent.

Mizuno Sees Profits Rebound In Nine Months

Mizuno Corp. reported a significant improvement in earnings in the nine months ended December 31 with the help of lower operating expenses and improved margins. Sales dipped 1.6 percent with sales in the Americas region off 9.8 percent.

Puma Partners With Senegal Football

Puma and the Senegalese Football Association mutually announced a long-term agreement that will see the “Lions of Teranga” outfitted in the Puma brand beyond the 2018 FIFA World Cup in Russia.

Garmin And Navico Resolve Patent Disputes

Garmin International, Inc., a unit of Garmin Ltd. and Navico, parent company to the Lowrance, Simrad and B&G brands, announced that they have ended a three-year-long dispute relating to sonar and auto guidance patents.