SGB Update

Adidas Again Lands On Dow Jones Sustainability Index

For the 18th year in a row, Adidas has been included in the Dow Jones Sustainability Indices (DJSI), which evaluate the sustainability performance of the largest 2,500 companies listed in the Dow Jones Global Total Stock Market Index.

8fit Secures $10 Million In Funding

8fit, a health and fitness app, announced a total of $10 million in funding with the closing of a Series A round led by Creandum and Eight Roads Ventures.

i9 Sports Awards Naples, Florida Franchise

i9 Sports, the nation’s first and largest youth sports league franchise, welcomed Shawn Gillespie to the organization after awarding the Fort Myers’ resident a franchise territory in Naples, FL.

Rob Dyrdek Announces Venture Studio

The venture studio builds, invests in and advises an array of companies in categories ranging from luxury brands, sports entertainment, consumer products, and spirits to innovative technologies.

Dick’s Announces Team USA Contenders Roster

Ashley Wagner and Alex Rigsby headline the roster of winter U.S. Olympic and Paralympic Contenders that are being supported by the Dick’s Sporting Goods through flexible employment or sponsorship agreements.

Interior Chief Urges Shrinking Four National Monuments In West

Ryan Zinke, the U.S. interior secretary, will recommend reducing the size of at least four of 27 national monuments, a leaked report states. The four monuments mentioned include the fiercely contested Bears Ears National Monument in Utah as well as Utah’s Grand Staircase Escalante, Oregon’s Cascade-Siskiyou and Nevada’s Gold Butte.

TomTom Starts Share Buyback Program

TomTom announced the start of its share buyback program to repurchase ordinary TomTom shares for an amount up to €50 million.

Pensole Launches Free Education Kickstarter Campaign

Pensole Footwear Design Academy announced it has launched a multi-tiered Kickstarter crowdfunding campaign to raise $50,000 to $1 million for new free programs and facility expansion initiatives.

Buck Knives Appoints New Sales Heads

Buck Knives announced that Mike Silverberg has joined the company as vice president of sales and Chris Bourassa has been promoted to director of North American sales.

Puma Partners With Selena Gomez

The singer and actress will start working with Puma immediately and will first appear in the brand’s newest campaign for the Phenom, an upcoming women’s footwear drop.

Raleigh Electric Add Reps

Raleigh Electric and IZIP, manufacturers of electric bikes, have added three new territory managers to the sales team, as both brands continue to grow and expand in the market.