SGB Update

ICHIRF: PFA To Support Concussion In Sport Project

The Concussion Foundation announced that the PFA (Professional Footballers Association) has donated funds to support the Concussion in Sport study set up by ICHIRF (International Concussion & Head Injury Research Foundation).

ClassPass Raises $70 Million In Funding

ClassPass, the membership fitness network, secured its largest funding to date, raising $70 million in a Series C round of financing led by Temasek.

Nike Signs Markelle Fultz

Nike has signed an endorsement deal with Markelle Fultz, the expected first pick in the NBA draft.

Lululemon Invests In Cycling Apparel Startup

Lululemon Athletica has acquired a minority stake in 7mesh Industries, a cycling apparel startup based in nearby Squamish, British Columbia, according to Fortune.

Pure Fishing Appoints New CEO

Pure Fishing, the parent of Berkley, Abu Garcia, Penn and Shakespeare, appointed Neil Eibeler as its new CEO.

Buckle Stores Faces Credit Card Breach

The Buckle confirmed a data breach. The retailer discovered intruders had planted malware on their cash register systems to steal credit card data from customers between October 28, 2016 and April 14, 2017.

Outdoor Research Releases Tribute Video To Women Athletes

“I began thinking about the conversation about ‘Where are the females?’ which has kept coming up in the past five years at film festivals – and what I could do to change that topic,” said filmmaker Krystle Wright.

Vuori Blends Yoga, Art And Surf

Vuori is a Finnish word meaning mountain – a brand name Chris Miller and Joe Kudla found appropriate for the feeling when one reaches the top of a mountain.

Zalando Aims To Double Revenue By 2020

Zalando is seeking to double its revenues by 2020, Rubin Ritter, its co-chief executive, said at a media event. The executive made the prediction while announcing that Europe’s biggest pure online fashion retailer had formed partnerships with Nike and H&M and the Bestseller group.

Eddyline Kayaks Completes Ownership Transition

Eddyline Kayaks has been acquired by its management team. As part of the acquisition, Scott Holley has joined the company as president. He joins the existing management team of Todd Keane, Tom Remsing and Janet Sutton.