SGB Update Sports & Fitness
Dick’s Sporting Goods To Open Four Stores In March
Dick’s Sporting Goods set plans to open two Dick’s Sporting Goods locations in Chattanooga, TN; and Hagerstown, MD; as well as two Golf Galaxy locations in Warwick, RI; and Berwyn, PA.
ASB Sports Acquires Universal Athletic Team Business
Trivest Partners announced that its affiliate, ASB Sports, has acquired the team sports division of Universal Athletic, which is headquartered in Bozeman, MT.
Nike And Columbia Sportswear Take Emergency Coronavirus Precautions
Nike closed its Oregon headquarters over the weekend and is closing European headquarters in Amsterdam on Monday and Tuesday for deep cleaning in response to the coronavirus outbreak. Columbia Sportswear also over the weekend thoroughly disinfected its offices in Portland, OR.
Coronavirus Threatens U.S. Mall Traffic
According to a survey from Coresight Research, nearly three-quarters of U.S. consumers would stay away from malls or shopping centers if the coronavirus outbreak worsens in the U.S.
Gannett/EnMotive Names John Smith As VP Of Partnerships
Gannett and its EnMotive Company division announced that industry veteran John Smith has joined the company as vice president of partnerships, effective immediately.
Skechers Partners With Carlsbad 5000
Groundwork Endurance has announced its partnership with Skechers for the 35th annual Carlsbad 5000 presented by National University.
Puma’s Former CEO Becomes Acting CEO Of Harley-Davidson
Harley-Davidson Inc. announced that Jochen Zeitz, the former chairman and CEO of Puma, has become acting president and CEO. His appointment comes as Matthew Levatich stepped down as president and CEO.
St. Croix Adds New Sales Director
Steve Self has joined St. Croix Rod as the company’s director of sales. He most recently served as vice president of sales for Maurice Sporting Goods.
Foot Locker Q4 Comps Slide 1.6 Percent
Foot Locker Inc. saw fourth-quarter earnings that topped Wall Street’s consensus target but same-store sales were down 1.6 percent and were below expectations. Dick Johnson, CEO, said, “While we had leading positions in key on-trend footwear styles, this was not enough to offset softer than expected demand during the compressed holiday season, a very promotional marketplace for apparel, and tougher launch comparisons.”
New Balance And NBA Announce Multiyear Global Agreement
The National Basketball Association (NBA) and New Balance Athletics, Inc. announced a new multiyear agreement that will make the global athletic brand an official marketing partner of the NBA.
Winmark’s President Of Franchising Resigns
Winmark Corp., the parent of Play It Again Sports, said Steven A. Murphy, current president, franchising has resigned. Renae M. Gaudette, the company’s vice president, franchising has been named president, franchising;
Nearly A Third Of U.S. Firms In China Facing Revenue Hits
A survey of nearly 170 firms by the American Chamber of Commerce in China, or AmCham China, found nearly one-third of U.S. firms with exposure to China are facing increased costs and significantly reduced revenue due to the coronavirus outbreak.
Nike Exec Josh Simon Joins Netflix
Josh Simon, most recently as VP and head of global strategy for product, design, merchandising and categories at Nike, has been appointed VP of consumer products for Netflix, according to a report from Variety.
Modell’s Saves Two More Stores From Closure
Modell’s Sporting Goods said two more stores in Manhattan – located at 150 and 280 Broadway – will not be closing as planned due to negotiations with landlords, according to a Bloomberg report. The spared stores bring Modell’s planned closings to 17.
Stack Sports Extends Its Partnership With New Jersey Youth Soccer
Stack Sports, a leading provider of sports technology, announced that it has extended its partnership with New Jersey Youth Soccer (NJYS), which will leverage the new U.S. Soccer Connect platform for its member club management.
