SGB Update

Louis Garneau Appoints General Manager

Louis Garneau, the cycling apparel specialist, has appointed William Garneau, the son of the company’s founder, as general manager.

Adidas Disbands Digital Sports Business Unit

Adidas has discontinued its Digital Sports business unit, possibly impacting 74 jobs. The realignment will entail the company consolidating some of its apps to focus on Runtastic and its relaunched Adidas app.

Asics Opens Doors To First Flagship on Fifth Avenue In New York City

Asics America Corporation opened the doors to its first U.S. flagship store featuring two brands in the Asics family – Asics and Asics  Tiger. The new store on the famed Fifth Avenue in New York City is designed to represent its storied heritage and its mantra and trademark, “Sound Mind, Sound Body” as well as unveil a new platform for the brand to reach a wider variety of consumers.

Asics Launches Fitness-Class App

Asics launched ASICS Studio, a mobile fitness app that offers unlimited access to on-demand workouts. The experience features trainer-led audio, curated playlists, and visual cues to help users keep their bodies moving and heads in the game–wherever and whenever they have time to work out.

REI Co-op Names Three New Executive Leaders

REI announced three recent hires to lead its teams in legal, information technology and REI Co-op Brands: Wilma Wallace, Christine Putur and Chris Speyer.

Deckers Wins Proxy Contest Against Activist Investor

Deckers Brands announced that, based on the preliminary vote count following its 2017 Annual Meeting of Stockholders, it appears that stockholders have voted to re-elect all of Deckers’ directors.

Nautilus Launches Modern Movement Brand

The Modern Movement brand expands Nautilus Inc.’s offerings to include shelf fitness and adds the balance and core strength focus area to the company’s collection.

Balega Presents Annual Ubuntu Award To Lively Athletics

Independently owned by Anne Pezalla and Kate Pezalla Marlin, specialty retailer Lively Athletics is involved in local activism, donates shoes to underserved children and participates in improving the health of its community.

TSG Acquires Sunshine Fitness

TSG Consumer Partners has acquired a majority stake in Sunshine Fitness, the first franchisee of Planet Fitness clubs.

Trump Sued By Patagonia, Coalition Over National Monuments Proclamation

A broad coalition of Native American, conservation, and historic preservation organizations, outdoor industry, scientists, and outdoor recreationists sued the Trump Administration to strike down what they claim is the the President’s “extreme overreach of authority in revoking the Bears Ears National Monument.”

Adidas Settles Forever 21 Lawsuit

Adidas reached a settlement with one of Forever 21 Inc.’s suppliers. The suit, filed in March, had charged Forever 21 with using the brand’s trademarked three-stripe design on its athletic apparel.

Brunswick Innovation Laboratory Gets New Name

Brunswick Corporation recently celebrated the grand opening of new quarters for what has been known as the Brunswick Innovation Laboratory in the Research Park at the University of Illinois at Urbana-Champaign.