SGB Update

Skechers Q3 Misses Wall Street Targets

Third-quarter earnings fell slightly and missed Wall Street’s targets, despite record sales. The company also issued weak guidance for the fourth quarter.

Honey Stinger Partners With Four NCAA Universities

As an official sports nutrition partner, the honey-based food company will fuel each university’s student athletes and receive signage, marketing and product sampling opportunities.

Fila Korea To Open Apparel R&D Center In China

Fila Korea Ltd. plans to build a new apparel development center in China and is taking steps to drive global sales of its Fila Heritage line in the years ahead, officials said at the company’s two-day global branding enhancement meeting, “Fila 20th GCM 2016.”

New Balance Names VML Creative Agency Of Record

The appointment comes as New Balance in 2017 is set to replace Asics as the footwear and apparel sponsor of the New York City Marathon, ending Asics’ 25-year partnership with the race.

Reebok Partners With Handstand Fitness App

The launch expands Handstand to New York City and Boston and comes after significant growth and a $1 million investment from Reebok, notable angel investors and startup Studio Science.