SGB Update

Riddell And USA Football Extend Partnership Through 2022

As the official protective equipment partner of USA Football, Riddell will continue to assist in fulfilling the organization’s annual grant program, which will award nearly $2 million in 2017 to scholastic and youth football teams.

Adidas Sells TaylorMade To KPS Capital Partners

KPS Capital Partners LP will acquire the TaylorMade Golf Company – including the TaylorMade, Adams and Ashworth brands – from Adidas AG for a total consideration of $425 million.

Under Armour’s Kip Fulks Shifts To Strategic Advisor

In his new role, Kip Fulks will lead key strategic initiatives at the company, leveraging his broad-based experience throughout critical areas of the organization, with an initial focus on improving operational efficiency within the business.

Iconix Brand Group Q1 Earnings Slide

Iconix Brand Group Inc. reported licensing revenue in the first quarter was $58.7 million, a 13 percent decline as compared to $67.7 million in the prior-year quarter.

Crocs Cuts Outlook Amid Store Closures

Crocs Inc. reported sales and gross margins came ahead of guidance in the first quarter while it ramped up its store-closing initiatives.

Wolverine Worldwide’s Q1 Beats Plan

Wolverine Worldwide reported first-quarter earnings slid 4 percent in the first quarter amid store-closing efforts, but results still surpassed expectations as progress was made on its Wolverine Way Forward initiative. The company raised its earnings guidance for the year.

Angel Martinez To Run For Santa Barbara Mayor

“The City of Santa Barbara is at a tipping point. We are at a moment in time when vision and leadership are essential for us to create the city that, by all rights, should be the best small city in America,” the former CEO of Deckers Outdoor said in a statement.