SGB Update

GNC Shakes Up Cost Structure

GNC will shutter all doors on December 28 and reopen on December 29 with a new image and mindset that does away with its membership pricing tiers.

David Pruitt Out At Performance Bicycle

David Pruitt, Performance Bicycle’s CEO since 2011, stepped down last month following the company’s August sale to Advanced Sports International (ASI).

NBA Reaches Tentative Contract Agreement

The NBA and NBPA (National Basketball Players Association) have reached a tentative agreement on a new Collective Bargaining Agreement, pending ratification by players and team owners.

Adidas Recognized For Combating Forced Labor

Adidas ranked first in KnowTheChain’s ranking of the 20 largest global apparel & footwear companies on the steps they are taking to combat forced labor in their supply chain. Nike ranked No. 10 and Under Armour, No. 16.

Microban Wins Aegis Trademark Battle

The provider of antimicrobial technology and odor control solutions won a judgment and damages from Shanghai’s Greenchem Fine Chemicals Ltd., for fraudulent use of its Aegis Environmental Management Inc. trademarks.

Troy Lee Designs Lands Investment, Names New CEO

Cycle Gear’s Dave Bertram will step into the CEO role at the motorcycling and mountain biking gear and apparel company following an investment from private investment firm Spanos Barber Jesse & Co.

Bridgestone Golf Signs Tiger Woods

As part of the partnership, Woods will be featured in digital, social, print and broadcast marketing globally as a Bridgestone Golf ambassador.

Study: Travel To Ski Destinations On The Rise

A new study by Airlines Reporting Corp. (ARC) charts that air ticket purchases made through U.S. travel agencies for flights to ski destinations are on the rise.