SGB Update Sports & Fitness

Nike Launches Nike+ Fuel Lab

Nike, Inc. announced the creation of Nike+ Fuel Lab, an evolution of its popular Nike+ Accelerator program. Based in San Francisco, the 2014 Nike+ Fuel Lab is designed for tech companies with an existing product offering and a desire to help people live

GO Sports Sales Decline Accelerated in Third Quarter

A decline in sales at France’s third-largest sporting goods retailer accelerated in the third quarter.
GO Sport Group reported sales declined 9.4 percent on an 8.2 percent currency-neutral (c-n) decline in same-store sales…

Under Armour Seeks Innovative Ideas for Armour39

Under Armour launched a new global innovation competition that challenges outside innovators to submit ideas to expand the capabilities of the brand’s Armour39 digital performance monitoring system. The three-phase Armour39 Challenge will culminate

Gates Partners with LEVA to Push Belt Drive Technology for EBikes

Gates Corporation, a Denver, CO-based maker of belts for automotive and industrial markets, has partnered with the Light Electric Vehicle Association (LEVA) to promote the advantages of belt drives over chains and derailleurs in the rapidly growing electr

NSSF Updates Modern Sporting Rifle Consumer Report

The National Shooting Sports Foundation's initial Modern Sporting Rifle Report, conducted in 2010, revealed that owners were passionate about their MSRs, that most used them often and largely for target shooting, that they owned multiple modern sport

Bauer Sets Secondary Offering of Shares by the Kohlberg Funds

Bauer Performance Sports Ltd. announced that funds advised or managed by Kohlberg Management VI, LLC, Bauer's largest shareholder, plan to sell 3.2 million share of Bauer stock. After the sale, Kohlberg's ownership interest will be reduced to ap

Octane Fitness Seeks Historic Ruling From US Supreme Court

The United States Supreme Court recently agreed to hear a petition by Octane Fitness LLC, which is seeking well over $1 million in attorneys fees after defeating a patent lawsuit brought by Icon Health & Fitness, Inc…

FESI Appoints Nike Exec President

The Federation of the European Sporting Goods Industry (FESI), which represents the European sporting goods industry, has appointed Bruno Alves as president. Alves, who is the senior director of government and public affairs at Nike Europe, will succeed F