SGB Update

Nike Unveils One-Million-Square-Foot Serena Williams Building

Nike has unveiled the Serena Williams Building, a one-million-square-foot space at its headquarters in Beaverton, OR. The structure houses 200,000 square feet of lab space for Nike’s Consumer Creation team to “create the future of sport.”

Fish Monkey/Hunt Monkey Expands Management Team

Fish Monkey/Hunt Monkey announced the internal promotion of Russ Means following the recent expansion of its management team. Formerly the pro staff manager for both brands, Means assumes the director of operations role.

Gordini Makes Key Hires, Expands Sales And Marketing Team

Gordini announced key hires toward its commitment to responsible production and value-driven business best practices. The company appointed a new social and environmental impact director timed with expanding its sales and marketing team.

PlayOn! Sports To Merge With GoFan

PlayOn! Sports, operator of the NFHS Network, and GoFan, a digital ticketing company in the high school sports market, have entered into a definitive merger agreement.

Centric Brands Acquires Hosiery Division From Daytona Apparel Group

Centric Brands LLC.  announced the strategic acquisition of a division of Daytona Apparel Group, a portfolio of retail brands owned by Windsong Brands, that closed on March 24th of this year. Centric will take full ownership of Daytona Apparel Group’s hosiery division which sells product across multiple brands in stores nationwide.

Unifi’s Q3 Sales Climb 12 Percent

Unifi, Inc. reported earnings declined 56.3 percent in the third fiscal quarter ended March 27 as lower gross margins offset a 12.3 percent revenue gain. The parent of Repreve said sales and profitability were in line with expectations.

Moosejaw Launches Outdoor Gear Rental Program

Moosejaw has launched a gear rental program. The program ships to any destination in the U.S. Outbound and return shipping is free for most rentals. The online access to gear rentals includes brands Big Agnes, Kelty, Marmot, and MSR.

Nathan Sports To Open Flagship Store In Southern California

Nathan Sports will open its first retail store in Costa Mesa, CA, offering its newly launched apparel and sunglasses collection and running hydration options, including vests, packs, handhelds, and belts. The grand opening begins on April 29.

Higg Raises $50M In Series B Funding Round

Higg Co, the technology company behind the Higg Index platform, announced its $50 million Series B funding round. The funding is co-led by technology growth investor Silversmith Capital Partners, Tom Steyer and Katie Hall’s Galvanize Climate Solutions, along with participation by Series A partners Titan Grove and Buckhill Capital.

Helen Of Troy’s Home And Outdoor Segment Q4 Sales Climb 30 Percent

Helen Of Troy said sales in its Home & Outdoor segment, which includes OXO, Hydro Flask and Osprey, increased 29.8 percent in the fourth quarter ended February 28, to $210.8 million. About half of the percentage increase reflects the acquisition of Osprey.

Puma’s Q1 Boosted By Americas Momentum

Puma reported earnings rose 11.2 percent in the first quarter on a 23.5 percent revenue gain. Currency-neutral growth of 19.7 percent was led by gains of 44.1 percent in the Americas region and 25.5 percent in EMEA that offset declines in Greater China. The company maintained its outlook for the year.

Garmin Sees 9 Percent Growth In First Quarter

Garmin reported sales grew 9 percent in the first quarter ended March 26. Sales gains of 50 percent in its Outdoor segment and 21 percent in its Marine segment offset a decline of 28 percent in its Fitness segment.