SGB Update

Brunswick Corp. To Acquire Lankhorst Taselaar

Brunswick Corporation signed an agreement to acquire Lankhorst Taselaar, a leading marine parts and accessories distribution company based in the Netherlands and Germany.

Sports Direct Profits Drop More Than Half

Sports Direct reported earnings tumbled 58.7 percent in its year ended April 30. The U.K. sporting goods chain blamed the devaluation of British pound against the U.S. dollar.

Peak To Sponsor Romanian Olympic Team

The Chinese sportswear brand will serve as the official kit supplier to Romania’s Olympic teams until 2024. The deal covers all events sanctioned by the International Olympic Committee (IOC), including the Olympic Games, the Youth Olympic Games and the European Games.

Adidas And USA Volleyball Announce Multi Year Partnership

USA Volleyball and Adidas announced a multi-year partnership, in which the Portland, OR, based company will be the official athletic footwear, apparel and accessory brand for USA Volleyball. Adidas will replace Mizuno USA.

ICAST Sees Flat Attendance In 2017

ICAST, held July 11-14 at the Orange County Convention Center (OCCC) in Orlando, FL, saw close to 15,000 people registered for its 2017 show, close to year-ago levels.

NRF Names New Chairman, Board Members

The National Retail Federation announced that Macy’s Executive Chairman Terry Lundgren has been elected chairman of the NRF Board of Directors. Lundgren replaces former HSNi CEO Mindy Grossman, who resigned from the board after leaving retail to head Weight Watchers.

Seattle Sports Hires National Sales Manager

Seattle Sports Co., manufacturers of outdoor products covering camp, paddle, travel and bike categories, appointed Matt Bolkovatz as its new national sales manager.

Vie Active Opens Flagship Store In Sun Valley

Inspired by Founder Noa Ries’s hometown of Bondi Beach, the store has a laid-back beach house vibe, outfitted with a shell chandelier, drift wood hued floors and a collection of surfboards from Ries’s own personal collection.