SGB Update Sports & Fitness
Peter Millar Partners With USGA
The USGA and Peter Millar signed a partnership agreement designating Peter Millar the Official Outfitter of the USGA and supporting partner of the U.S. Open Championship. Peter Millar hired industry veteran Patrick Kiely as vice president, Strategic Partnerships & Corporate Sales, to support the partnership and oversee the day-to-day operations with the USGA team.
Peloton Compliance Chief Joins Snap
The head of compliance and risk at Peloton Interactive, Inc., Lance Lanciault, has left the company and joined Snapchat parent Snap, Inc.
Rally House Adds Location In Dallas
Rally House has opened another location in the Dallas market. Rally House Preston Forest is 15 minutes north of downtown.
JD Sports’ Profits Slide In First Half
JD Sports reported an 18.2 percent drop in pre-tax profits for the six months ending July 31, partly due to the U.S. government support it received as part of the country’s COVID stimulus package last year, which boosted year-ago results. Sales grew 13.7 percent year-over-year.
Greg Norman Collection Hires Creative Director
Greg Norman Collection announced it hired Peter Bentivegna as vice president and creative director, overseeing men’s and women’s design and product development across the brand’s green grass, wholesale and DTC retail channels.
BTI Adds Outside Reps To Cover U.S.
Bicycle Technologies International (BTI) hired five additional reps to expand its coverage in the U.S.
North American Bike Distributor HLC Acquired By Private Equity
MiddleGround Capital, the investment specialist and buyer of middle market B2B industrial and specialty distribution companies, purchased North American bike parts and accessories distributor HLC. The terms were not disclosed.
Play It Again Sports Enters Resale Partnership With Rawlings And Easton
Winmark Corporporation’s Play It Again Sports retail chain entered into a partnership with Rawlings Sporting Goods, Inc., the baseball and softball gear makers, and Easton bats, as the Official Resale Partner of Rawlings and Easton.
UEFA And Fanatics Sign Long-Term Licensing, E-Commerce And Event Retail Deal
UEFA (Union of European Football Associations) and Fanatics announced a long-term e-commerce, event retail and licensing deal.
Nike Appoints Board Members
Nike, Inc. announced that Mónica Gil and Bob Swan were elected to the company’s Board of Directors. Gil is chief administrative and marketing officer of NBCUniversal Telemundo Enterprises. Swan is an operating partner at Andreessen Horowitz and former CEO of Intel Corporation.
Report: High School Sports Participation Declines Over After Pandemic
In its first high school sports participation survey in three years, the National Federation of State High School Associations (NFHS) reported a total of 7,618,054 participants in high school sports for 2021/22, down four percent from its 2018/19 figure of 7,937,491. However, NFHS noted that participation is “on the road back” after schools could not offer programs in typical fashion during portions of the 2019/20 and 2020/21 school years in the U.S. due to the pandemic.
The North Face Makes Executive Appointments
The North Face hired Sophie Bambuck as chief marketing officer and Jennifer Ingraffea as chief product and merchandising officer.
Nordstrom Adopts ‘Poison Pill’ After Mexican Retailer Buys Stake
Nordstrom, Inc. adopted a shareholder rights plan, more commonly known as a “poison pill,” to prevent outsiders from boosting their stake in the business after a Mexican company acquired a 9.9 percent stake in the upscale U.S. retailer’s business.
Fanatics Partners With International Cricket Council
Fanatics and the International Cricket Council entered into a partnership whereby Fanatics operates the official ICC Global online store for all events and becomes manager of event retail.
Puma Extends Partnership With Gen.G
Puma and global esports organization Gen.G announced a multiyear extension to the brands’ existing partnership.
