SGB Update Sports & Fitness
Brooks Sports Sues Brooks Brothers For Trademark Infringement
Brooks Sports Inc. filed a lawsuit against Brooks Brothers Group Inc. in federal court for breach of contract, unfair competition and trademark infringement.
Under Armour Misses Q4 Targets And Delivers Weak Outlook
Under Armour Inc. reported an unexpected fourth-quarter loss and missed Wall Street estimates for its revenues. The company also warned of soft 2020 results and said it’s considering another massive restructuring initiative to rebalance its cost base.
TIA Partners With Association Management Company, Bostrom
The Tennis Industry Association (TIA) announce that as of February 8, 2020, Bostrom has been named TIA’s management company.
Michael Avenatti Won’t Testify At Nike-Extortion Trial
Michael Avenatti chose Monday not to take the stand in his own defense as the New York trial over his alleged extortion of Nike comes to a close.
Equinox Secures New Funding
Equinox Holdings Inc., the luxury gym operator and majority owner of SoulCycle, has secured new funding from tech-focused private equity firm Silver Lake. The funds will be used to build Equinox’s digital platform and add as many as 50 locations annually,
Yeti Named Official Jersey Partner Of Austin FC
Yeti has signed on to become the Official Jersey Partner and newest Founding Partner of Austin FC, the 27th club in Major League Soccer (MLS). The deal marks Yeti’s formal entry into both professional soccer and eSports.
Asics Recognized For Climate Change Actions
Asics Corp. has been named to the Supplier Engagement Leaderboard by global environmental impact non-profit CDP in recognition of its efforts to engage with its suppliers on climate change.
Allbirds Appoints Nancy Green To Board Of Directors
Allbirds, the footwear start-up, announced that it has appointed Nancy Green, president and chief creative officer of Old Navy, to its Board of Directors.
Riddell Sells Kollege Town Sports Apparel Division to BSN Sports
Riddell announced the divestiture and sale of certain assets associated with Kollege Town Sports, a division of the company’s apparel business, to BSN Sports. The acquisition will include approximately 50 sales representatives, sales management and customer service professionals, and Kollege Town’s fanaKTive graphic capabilities.
Implus Corp. Announces Leadership Transition
Implus Corp., a leader provider of athletic, fitness and outdoor accessories, appointed Michael B. Polk as interim chief executive officer. Seth Richards, Implus CEO, and Todd Vore, president, are transitioning their leadership roles and will be leaving the company to pursue other opportunities.
KT Tape Continues Sponsorship Of Team USA
KT Tape announced its continued partnership with the United States Olympic & Paralympic Committee (USOPC), serving as the official kinesiology tape licensee of Team USA through the Olympic and Paralympic Games Tokyo 2020.
Running USA Industry Conference Holds Annual Awards Presentation
Kara Goucher, Brandon Hough, Michael Nishi and Alan Brookes were among those honored at the Running USA Industry Conference’s annual awards presentation.
AstroTurf Adds Rocky Mountain Turf Solutions To Distributor Network
AstroTurf Corp. announced the addition of Rocky Mountain Turf Solutions Inc, an installation specialist, of Pueblo, CO, to its nationwide network of synthetic turf distributors and installers.
Reebok Celebrates Women In Film
Reebok and Array, the media and arts collective founded by filmmaker Ava DuVernay, hosted a day-long event on February 8 in Los Angeles dedicated to celebrating and amplifying talented women in film.
Recall: Rawlings Catcher’s Helmets
About 1,400 Rawlings catcher helmets are being recalled. The back plate of the catcher’s helmet can fail to protect the player, posing a risk of head injury to the user.
