SGB Update Sports & Fitness
Gildan Cuts Guidance On Weaker Printwear Demand
Gildan Activewear significantly reduced ts full-year guidance after citing weaker than expected imprintable demand in North America and ongoing softness in international imprintable markets.
Verona Sports Center To Close
Verona Sports Center in New Jersey is closing after nearly 50 years of business.
Fitt Adds New Funding, Strategic Investor In Mindbody
Fitt, a location-based platform that connects people to healthy living experiences across fitness, food, outdoors, and events, announced it has completed an investment round. Mountain State Capital led the round with participation from Riverfront Ventures and Mindbody, as well as continued support from previous investor TNC Ventures.
Social CBD Partners With Portland Thorns FC
Social CBD, the wellness company providing CBD solutions, announced a partnership with the National Women’s Soccer League’s Portland Thorns FC. The partnership is the first between a CBD brand and NWSL club.
Anta Sees Mid-Teens Growth In Q3 For Anta Brand
Anta Sports Products Limited reported retail sales (in terms of retail value) of Anta branded products for the third quarter of 2019 increased by mid-teens when compared to the same period of 2018.
Gap Inc. Opens First Hill City Location
Gap Inc. has opened its first location for Hill City, its men’s activewear brand. The 12-month pop-up, located at 522 Octavia Street.
Asics Takes Stake In Pyrates Smart Fabrics
Asics Corp. announced that Asics Ventures Corporation, its investment subsidiary, has taken an equity stake in Pyrates Smart Fabrics, a Spanish startup that develops and supplies advanced and responsible fabrics.
Play It Again Sports Parent Sees Quarterly Profits Climb 9 Percent
Winmark Corporation, the franchised owner of Play It Again Sports, reported net income in the third quarter ended September 28 rose 9.0 percent.
Beeline Bikes Sold
Beeline Bikes, which provides software that helps bike shops schedule service work and fulfill online sales, has been sold from Accell’s remaining North American portfolio, according to Bicycle Retailer.
Academy Sports Reels In Title Sponsorship Of The 50th Bassmaster Classic In 2020
Long-time B.A.S.S. sponsor Academy Sports + Outdoors has announced its title sponsorship of the 2020 Bassmaster Classic on Lake Guntersville and in Birmingham on March 6-8.
Report: Puma To Sign PSV Eindhoven
PSV Eindhoven, the Dutch football club, agreed to a kit deal with Puma, replacing a five-year partnership with Umbro, according to Footy Headlines.
Wilson Partners With National Lacrosse League
The National Lacrosse League (NLL) announced a partnership with Wilson Sporting Goods, naming Wilson and their EvoShield line as an official supplier of performance-driven sports protective gear. It is the first time that Wilson will actively engage in the sport of lacrosse.
Russell Athletic Opens First Pop-Up Store
Russell Athletic announced the opening of the first limited engagement Russell Athletic Pop-Up Shop in downtown Manhattan.
Major League Baseball To Open MLB Flagship In Midtown Manhattan
Major League Baseball announced that it will open the MLB Flagship Store, a state-of-the-art retail destination, next summer in New York City. Located at 1271 Avenue of the Americas in the heart of Manhattan, the MLB Flagship Store will be the league’s first permanent retail location in the United States.
Sports Direct Demands Inquiry Into Nike-Adidas Dominance
Sports Direct, the U.K.’s largest sporting goods chain, is calling for a Europe-wide investigation into the dominance of Nike and Adidas in the sportswear market. The call follows ongoing moves by Nike to stop selling to “undifferentiated, mediocre” retailers and apparent fears that Adidas may follow suit.
