SGB Update

Dick’s Sporting Goods Debuts Team USA Campaign

Dick’s Sporting Goods (NYSE: DKS), the Official Sporting Goods Retail Sponsor of Team USA, unveiled the Every Medal charity effort as part of their 2016 Team USA-themed marketing campaign.

Baseball, Climbing Added To 2020 Olympics

The International Olympic Committee (IOC) met on August 3, 2016 for its 129th IOC Session in Rio to discuss the future of the games, adding five new sports to the Olympic program, including baseball/softball, karate, skateboarding, sports climbing and surfing.

KT Health Supports Team USA Athletes

KT Health, maker of kinesiology tape and sports medicine taping products, has named its list of athlete ambassadors for the 2016 Rio Olympics.

Nominate Your Innovators of the Year

This fall, SGB will spotlight the people, products and business strategies that push the active lifestyle industry forward with the first SGB Innovators of the Year Awards.

Crocs’ Shares Crash On Reduced Outlook 

Shares of Crocs Inc. fell 23.3 percent, to $8.44 on Aug. 3, after the cushy shoe maker missed top and bottom line expectations for the second quarter and lowered its guidance for the year.

Fleet Feet Sports Releases Runmoji

Fleet Feet Sports will soon release Runmoji, the first emoji application designed specifically for runners, by runners.

Incipio Agrees to Sweeten Takeover Bid for Skullcandy

Skullcandy Inc. and Incipio, LLC jointly announced that Incipio had increased its offer price to acquire all the outstanding shares of common stock of Skullcandy from $5.75 per share to $6.10 per share in cash, or a total of approximately $188.6 million.

Fitmark Closes Round of Funding

Fitmark, the maker of sport, fitness and meal prep bags, has closed another seven-figure round of funding, bringing the total raised to near $3 million to-date.

Wolverine World Wide Appoints New Heritage Group President

Wolverine World Wide appointed Mike Jeppesen. president of the company’s Global Operations Group, to an expanded role as president of the Wolverine Heritage Group, which includes the Wolverine, Bates, Harley-Davidson and HyTest brands.

Academy Sports Appoints Chief Merchandising Officer

Academy, Ltd., doing business as Academy Sports + Outdoors, named Michelle J. Gloeckler executive vice president, chief merchandising officer and president of Academy International Limited, its global sourcing entity.

OIWC Becomes Camber Outdoors

The Outdoor Industries Women’s Coalition (OIWC) stated that its 20th anniversary will include a name change to Camber Outdoors in order to better reflect its outdoor industry work.