SGB Update

Chuze Fitness Opens First Colorado Gym

Chuze Fitness, a national fitness center, will open its first Colorado location in Westminster, located at 8601 N. Sheridan Blvd. on July 27, 2016.

PSG to Appoint New Board Member

Performance Sports Group Ltd. shared that it anticipates appointing Paul Desmarais III, the Chairman of Sagard Capital Partners Management Corp., to its Board of Directors, effective around August 9, 2016.

Twitter to Live Broadcast MLB, NHL Games

Twitter is taking a turn to live sports broadcasting as the app inked a deal with Major League Baseball and the National Hockey League to live stream weekly out-of-market.

Birkenstock to Cut Off Amazon.com

Birkenstock will stop selling directly to Amazon.com and ban third-party sales on the site effective Jan. 1 due to a proliferation of counterfeit products being sold there, according to a memo obtained by CNBC.

VF Outdoor & Actions Sports Lowers Outlook

VF Corporation lowered the full-year outlook for its flagship Outdoor & Action Sports Coalition after reporting its sales grew 2 percent in the second quarter ended July 2.

361 Degrees is Official Supporter of 2016 Rio Games

361 Degrees will be an official supporter of the 2016 Rio Olympic Games. As the exclusive sports brand supporting the Games of the XXXI Olympiad, 361 Degrees will outfit the volunteers, medical staff, referees and operational staff

Skechers Q2 Profits Dip on Currency Losses

Skechers USA Inc. reported earnings declined slightly in the second quarter largely due to foreign currency translation and exchange losses. Revenues gained 9.7 percent as strong growth overseas offset a 5.4 percent decline domestically due to the timing of shipments.