SGB Update

Fitbit To Acquire Twine Health

Fitbit Inc. announced that it will acquire Twine Health, a health coaching platform that empowers people to achieve better health outcomes and helps health systems, health plans and workplace health providers lower healthcare costs.

Genesco Exploring Sales Of Lids Sports Group

Genesco Inc. announced that the company is initiating a formal process to explore the sale of its Lids Sports Group business. The company believes the “best long-term interests of the company and its shareholders to focus on building upon our core footwear platform” while the Lids business is undervalued as part of Genesco.

Under Armour Q4 Beats Sales Targets

Under Armour Inc. said it plans to take additional restructuring charges in the range of $110 to $130 million in 2018 while announcing that its fourth-quarter sales exceeded estimates and earnings matched estimates. CEO Kevin Plank said the results “demonstrate that the tough decisions we’re making are generating the stability necessary to create a more consistent and predictable path to deliver long-term value.”

Bass Pro Announces 2018 Fitness Series Dates

Early registration is now open for the 2018 Bass Pro Shops Fitness Series, the twelfth annual lineup of races and runs celebrating health and wellness, outdoor adventures and wildlife conservation in the beauty of the Ozarks. 

Reebok Classics Partners With Pyer Moss

On Saturday, February 10 at Spring Studios in New York City, Reebok and Pyer Moss and its founder, Kerby Jean-Raymond, unveiled its first collaboration of men’s, women’s and unisex sportswear and footwear styles, during the inaugural presentation for the new Reebok by Pyer Moss line for Fall 2018.

Adidas Originals Launches Collection At NY Fashion Week

Adidas Originals debuted a collaboration with Amsterdam-based designer Daniëlle Cathari with a presentation at New York Fashion Week on February 8. The capsule women’s ready-to-wear collection explores the idea of contrast while paying tribute to the authenticity of the Adidas Originals brand.

Nike Signs Top NFL Prospect Saquon Barkley

Nike signed Saquon Barkley, the Penn State running back expected to be the first running back selected in the upcoming NFL Draft, to an endorsement deal.

Uncharted Supply Raises Growth Capital

Uncharted Supply Co., the emergency preparedness company behind The Seventy2, the 72-hour survival kit, has partnered with Los Angeles-based The Chernin Group (TCG), a privately held, independent media investment company founded by Peter Chernin.

Therm-a-Rest Appoints Brand Director

Seattle-based Therm-a-Rest, a  leader in premium outdoor camp comfort, welcomed industry veteran Greg Dean to the team as its new brand director.

Firearms Background Checks Slide In January

The National Shooting Sports Foundation (NSSF) reported that January 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) was down 8 percent versus the year ago.