SGB Update Sports & Fitness
Foot Locker Furloughs Majority Of North American Store Employees
Foot Locker Inc. said in a regulatory filing that in response to temporary store closures and other business disruptions resulting from COVID-19 pandemic, it will furlough the majority of the company’s store employees in the U.S. and Canada.
ProXR Signs MLB Bat Companies To License Bat Knob Innovation
ProXR LLC has signed five MLB-certified bat companies to license its patented ProXR angled bat knob technology.
USA Track And Field Faces Lay Offs
USA Track and Field (USATF) has laid off seven people from its 65-person staff and CEO Max Siegel is taking a 20 percent pay cut to offset lost revenue due to the coronavirus pandemic, according to the Associated Press.
Kawhi Leonard Loses Copyright Suit Against Nike
A federal judge ruled in favor of Nike in a dispute over NBA star’s Kawhi Leonard signature “Klaw” logo.
Under Armour Signs LSU Wide Receiver Justin Jefferson
Under Armour signed an endorsement deal with LSU wide receiver Justin Jefferson, who is expected to be one of the first receivers taken in Thursday’s NFL Draft.
Patrick Mahomes Leads NFLPA’s Top-Selling Jerseys List
Patrick Mahomes, the reigning Super Bowl MVP, dethroned Tom Brady in leading NFL players in merchandise sales this past season, according to the NFL Players Association’s list of top 50 selling players. Brady came in second.
Under Armour Lays Off More Than 300 At Tennessee Distribution Center
Under Armour permanently laid off 323 employees at a distribution center in Mount Juliet, TN, according to a notice filed with the Tennessee Department of Labor and Workforce Development.
Unifi Appoints CEO
Unifi Inc., the producer of recycled and synthetic yarns, announced that its Board of Directors has appointed Eddie Ingle as chief executive officer and a member of the Board of Directors effective July 1, 2020.
Mountain Hardwear Supports Retail Partners With Commission Program
Mountain Hardwear is launching a program that enables retailers to receive a 40 percent commission on any transactions they can generate leads for on mountainhardwear.com. The amount is similar to what a traditional sale may earn for the retailer.
Equinox’s Debt Rating Lowered
Standard & Poors Corp. reduced its debt rating on Equinox Holdings Inc. due to operating restrictions imposed by the coronavirus.
Sporting Goods Leaders Rank High For Transparency
Adidas, Nike, VF Corp, Patagonia and Puma ranked among the world’s most transparent major fashion brands, according to the 2020 Fashion Transparency Index from the campaign group Fashion Revolution.
Dick’s Donates Supplies To Support COVID-19 Pandemic Response
Dick’s Sporting Goods has joined the growing list of organizations stepping up to help health care providers like Allegheny Health Network (AHN) respond to the novel coronavirus (COVID-19) pandemic in western Pennsylvania. Dick’s donated cots and blankets to AHN, as well as fanny packs for caregivers to carry essential personal protective equipment (PPE) such as masks, gloves, face shields and hand sanitizer.
University Study Suggests Regular Exercise Reduces Risk For COVID-19
Regular exercise can possibly prevent coronavirus patients from developing severe complications like acute respiratory distress syndrome (ARDS), according to a new study.
New Era Undergoes Furloughs
New Era Cap Company announced it will temporarily furlough most of its U.S. workers, according to The Buffalo News.
Adidas Signs Tua Tagovailoa
Adidas signed an endorsement deal with former Alabama quarterback Tua Tagovailoa, who is expected to be one of the first players selected in the 2020 NFL Draft.
