SGB Update

Nike Extends Duke Contract

Nike and Duke signed a 12-year extension to their deal supplying Blue Devils sports teams with uniforms, footwear and athletic apparel…

Outdoor Coalition Flexes Muscles in Utah Coal Debate

A coalition of more than 100 winter sports athletes, outdoor recreation businesses and brands from Utah urged the EPA Thursday to reject the state's proposal to reduce emissions from coal fired plants…

New Balance Sponsors USRowing

New Balance Athletics, Inc. entered a sponsorship with USRowing, which will include providing footwear to athletes as the “Official Training Shoe of the USRowing National Team”…

Climbing Wall Association Offers New Certificate Program

The Climbing Wall Association (CWA) has launched a training program for gym owners and employees designed in conjunction with Petzl Technical Institute to reduce the risk of at-height accidents and injuries…

Garmin Ltd. Lowers Full-Year Guidance

Garmin Ltd. reduced its guidance for the year due to weakness seen in the third quarter in its fitness, aviation and outdoor segments, partly due to foreign-currency headwinds…

PSG Acquires Q30 Sports License

Performance Sports Group Ltd. acquired a worldwide license from Q30 Sports, LLC to use its patent and technology assets in the development of products intended to address mild traumatic brain injury (mTBI) in sports and athletic activities…

SFIA Files Petition to Cut Duties on Sports Bags, Backpacks

The Sports & Fitness Industry Association (SFIA) submitted a petition to the Office of the U.S. Trade Representative Thursday seeking to eliminate import tariffs of 4.5 to 20 percent on sport bags and backpacks eligible for duty-free treatment under a new

Nike Targets $50 Billion by 2020

Nike Inc., at its first investor meeting in two years, set a growth target to reach sales of $50 billion by 2020. Nike expects its women’s business, running, the Jordan brand and e-commerce to drive the growth…