SGB Update Sports & Fitness

Report: Nike Bans International Shipments For Retailers

As of January 1, 2020, Nike is reportedly forbidding retail partners from shipping Nike products internationally, according to highsnobiety.com. The move is reportedly designed to provide Nike with more control over distribution and support demand for local drops.

PVH Makes $1M Donation To Gabelli School of Business

PVH Corp. launched a new partnership with the Gabelli School of Business at Fordham University, to establish a leading academic hub for the study of Corporate Responsibility (CR) and Sustainability.

Wearable Tech Named Top Fitness Trend For 2020

According to the 14th annual Fitness Trends survey from the American College of Sports Medicine (ACSM), wearable tech for the second straight time was rated the top trend in fitness in the coming year. Also landing in the top five were high-intensity interval training (HIIT), group training, training with free weights and personal training.

Ivanka Trump To Deliver Keynote At CES 2020

Trump joins other confirmed CES keynote speakers including Samsung President and CEO of Consumer Electronics Division Mr. Hyun-Suk Kim; Daimler Chairman Ola Källenius; Delta Air Lines CEO Ed Bastian; NBCUniversal Chairman of Advertising and Partnerships Linda Yaccarino, Quibi CEO Meg Whitman and Founder Jeffrey Katzenberg, Salesforce Chairman and co-CEO Marc Benioff and Unilever CEO Alan Jope.

Racquet Sports Industry Magazine Names 2019 ‘Champions of Tennis’

Dan Faber, the executive director of the USTA Foundation, which is the charitable arm of the U.S. Tennis Association, has been named “Person of the Year” for 2019 by Racquet Sports Industry magazine (formerly Tennis Industry magazine) in the publication’s January 2020 issue.

Summersalt Secures $17M In Funding

Summersalt, a direct-to-consumer swimwear and travelwear brand based in St. Loius, has raised $17 million through a Series B funding round led by Mercato Partners.

Survey: Parents Committed To Kids’ Sports Involvement

Nationwide, 54 percent of parents plan on making New Year’s resolutions related to their child’s sports involvement this year, and of those roughly 64 percent believe they will achieve them, according to a survey from FlipGive, the team funding app.

Dymatize Announces $25,000 Grant Contest for Independent Gym Owners

Dymatize, the athletic nutrition brand, announced the Resolve to Inspire $25,000 Gym Contest will be open for submissions. The campaign offers one independent gym owner a $25,000 business grant to improve their gym and a strategy session with Erin Oprea, celebrity fitness trainer to some of the biggest stars in country music.

Jordan Brand Adds Luka Dončić

Jordan Brand added Luka Dončić, the 2018-19 NBA Rookie of the Year, as its latest brand ambassador. His initial deal with Nike  expired earlier in the year.

AstroTurf Announces Changes To Organization

AstroTurf, the leading producer of synthetic turf, announced some extensive organizational changes. To manage AstroTurf’s considerable growth in the western United States, AstroTurf’s current PacWest region will now be realigned into Northwest and Southwest regions.

DraftKings Plans To Go Public, Merge With SBTech

DraftKings Inc., the sports betting giant, plans to go public in the first half of 2020 after merging with acquisition firm Diamond Eagle Acquisition Corp and betting technology company SBTech.