SGB Update

Marathon Finishers Slide For Second Straight Year

For the second time in history – with the exception of 2012 when the New York City Marathon was cancelled – the number of U.S. marathon finishers declined, but only slightly in the most recent year-over-year comparison, according to Running USA.

Hong Kong’s Revolutionary Bike Share

GoBee Bike, Hong Kong’s first cashless and station-free bike sharing service, operates via a smartphone app that allows users to locate a bike, unlock it and ride it to the destination of their choice.

Hoka One One Partners With FloSports

Hoka One One and FloSports will partner on more than 20 videos throughout the year that will include both long-form and short-form original video content, culminating with a feature film on Futsum Zienasellassie and his journey from post-college to world class runner.

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.