SGB Update

Under Armour Appoints Patrik Frisk President And Chief Operating Officer

Under Armour Inc. appointed Patrik Frisk president and chief operating officer. The company also announced strategic executive changes to align its organizational structure to better leverage its digital business, support its move toward category management, and drive greater operational efficiency across the organization.

Umbro Becomes Kit Sponsor For FC Schalke

FC Schalke 04 e.V. have come to an agreement with Umbro to become the club’s new kit suppliers from July 2018, thus ending the club’s long-standing partnership with Adidas.

TeamSnap Acquires FanAppEvents

TeamSnap, a leader in integrated sports management, announced the acquisition of FanAppEvents, a leading tournament and league management company, for an undisclosed amount.

Eddie Bauer Exploring Sale

Eddie Bauer hired Guggenheim Partners LLC and Financo LLC to explore strategic alternatives, including a sale, multiple sources told Reuters.

Osprey Packs Supports Himalayan Stove Project

The pack manufacturer became the latest outdoor gear manufacturer to support the Himalayan Stove Project (HSP), a seven-year effort to deliver clean-burning, fuel-efficient cookstoves to the people of Nepal.

ABG Acquires Frye Brand

Authentic Brands Group LLC (ABG) acquired a 51 percent stake in Frye, the American heritage brand, from Global Brands Group Holding Limited.

Klean Kanteen CEO Joins 1% for the Planet Board

Klean Kanteen joined 1% for the Planet in 2008, and Osgood’s addition is integral to an 18-month overhaul of leadership that includes a new board chairman and five new board members.

Sena Releases Bluetooth Cycling Helmet

Bluetooth 4.1 allows for riders to easily pair the X1 helmet to their smartphone to listen to data and cues from fitness apps, GPS directions, music and take/make phone calls.

Nike To Sponsor Toledo University

The University of Toledo Athletic Department has agreed to a multi-year exclusive partnership with Nike beginning on July 1, 2017, UT vice president and athletic director Mike O’Brien announced.