SGB Update

New Balance Sued By Manchester United Star

New Balance said it plans to “vigorously defend itself” against a lawsuit from Manchester United’s Marouane Fellaini charging its  boots injured his feet.

Nike Re-Signs Giannis Antetokounmpo

Nike has signed Giannis Antetokounmpo to a “long-term partnership,” according to tweet from the Milwaukee Buck’s star player.

Power Plate Opens Pop-Up In Chicago

Power Plate, the manufacturer of vibration training products, opened a new pop-up experience to be located at the newly renovated 900 North Michigan Shops in Chicago.

Burton Unveils U.S. Snowboard Team Uniforms

With less than 100 days until the opening ceremony of the upcoming Olympic Winter Games, Burton Snowboards officially unveiled the 2018 Olympic uniforms to be worn by the U.S. Snowboard Team.

Zappos Launches Curated Sneaker-Shopping Experience

Zappos.com has launched The_ONES, a new retail concept celebrating the classics, starting with classic sneakers. It encompasses a new online hub (FindTheOnes.com), shoppable Instagram (@The_ONES), and limited-time “pop-ins” in premium boutiques.

Wolverine’s Q3 Profits Slump On Charges

Wolverine Worldwide Inc. reported earnings fell 51.9 percent on restructuring activities around its Wolverine Way Forward program, but adjusted earnings declined slightly and exceeded Wall Street’s target. Wolverine also raised its operating margin goal for 2018.

Ibex Undergoes Layoffs

Ibex said it has laid off 12 of its employees at its headquarters in Vermont but, contrary to reports, has no plans to cease operations.

Pacers Running Partners With FitRankings

Pacers Running, a multi-door running specialty retailer and events company headquartered in Washington DC, recently partnered with FitRankings’ universal platform for tracking fitness activity.

Secretary Zinke Announces Creation Of “Made in America” Recreation Advisory Committee

U.S. Secretary of the Interior Ryan Zinke announced the establishment of the “Made in America” Recreation Advisory Committee. The Committee will advise the Secretary of the Interior on public-private partnerships across all public lands, with the goal of expanding access to and improving infrastructure on public lands and waterways.

REI And POWDR Partner Around Adventure Programs

During the winter, REI Outdoor School guides will lead experiences such as snowshoeing, fat biking, and winter hikes, and social outings like mountain mixology. In summer, participants will be able to mountain bike, learn wilderness medicine, camp, and hike.

Neil Cole Forms Tech Firm

Neil Cole, former chairman and founder of Iconix Brand Group, Inc., announced the formation NextRev Commerce, a venture incubated by Cole’s newly launched company, Next Retail Concepts.