SGB Update Sports & Fitness
Everlast Launches Mobile Platform, Everlast Fitness
Everlast launched its online platform, Everlast Fitness, dedicated to boxing taught by Everlast fighters and certified professional trainers.
Pou Sheng Names New CEO, Chairman
Pou Sheng, Yue Yuen’s Chinese retail subsidiary, appointed Wang Jun as CEO, effective July 1, succeeding Shao-Wu Lee who is stepping down to become chairman.
Eleiko USA Appoints President
Eleiko, the supplier of strength equipment, appointed Magnus Nyberg as president of Eleiko USA.
Nike’s Q4 Tops Wall Street Targets
Nike, Inc. reported earnings in its fiscal fourth quarter ended May 31, down 5 percent year-over-year but topped Wall Street estimates. Sales were down one percent as a 7 percent decline in its wholesale segment was offset by a 7 percent gain in direct sales.
Wilson Opens Third New York City Store
Wilson Sporting Goods Co. opened its third store in New York City at Columbus Circle.
Compass Diversified Joins Russell 2000 And 3000 Indexes
Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.
BSN Sports To Acquire Eastbay Team Sales Business
BSN Sports announced that it has entered into an agreement to acquire substantially all of the assets of the Eastbay Team Sales business from Foot Locker Retail, Inc., a subsidiary of Foot Locker.
Dick’s Sporting Goods To Close Montgomery Store
Dick’s Sporting Goods announced the closing of its store at EastChase in Montgomery, AL, according to Alabama News.
Rally House Opens Eighth Store In Cleveland Market
Downtown Cleveland gains a new Rally House store in the historic Caxton Building within the Gateway District, its eighth location in the Cleveland area.
True Linkswear Announces National Sales Team
True Linkswear, the golf footwear maker, said it has undergone an extensive expansion of its national sales team and distribution network.
Lids To Open Next To NBA Store In Manhattan
Lids will open a store at 545 Fifth Avenue in New York City, next to the National Basketball Association (NBA) store, which Lids manages on behalf of the NBA.
University Of Georgia Report: Teens Not Getting Enough Exercise
Three out of every four teens aren’t getting enough exercise, and this lack is even more pronounced among female students, according to new research from the University of Georgia.
KKR-Led Consortium Acquires Nearly All Of Accell Group Shares
A consortium headed by investment firm KKR has acquired 96.9 percent of Accell Group shares during the post-acceptance period that ended Thursday.
BreakingT Partners With NWSL
BreakingT, the fan apparel maker based in Washington, DC, entered into a licensed apparel agreement with the National Women’s Soccer League (NWSL).
Tennis Participation Outpaces All Racquet Sports
With an increase of nearly 5 million players since 2019, tennis participation in the United States is outpacing that of all other racquet sports, according to new analysis from Sports Marketing Surveys.
