SGB Update Sports & Fitness

Nike’s Colin Kaepernick Ad Wins Emmy

Nike’s controversial “Dream Crazy” commercial featuring Colin Kaepernick won the Creative Arts Emmy for Outstanding Commercial.

Adidas In The Dow Jones Sustainability Indices For 20 Years

Adidas has been included in the Dow Jones Sustainability Indices (DJSI) for the twentieth time in a row. In addition to being again included in the indices, Adidas was ranked best in its industry in the criteria of Brand Management, Information Security/Cyber Security & System Availability, Environmental Policy & Management Systems, Operational Eco-Efficiency, Social Reporting and Talent Attraction & Retention.

Four More Businesses Qualify For NSGA Verified Independent Dealer Program

The National Sporting Goods Association (NSGA) announced four more retailers and dealers in the sports industry who have achieved Verified Independent Dealer status. The four are: AMgC Sports (North Attleboro, MA), California Pro Sports (Palos Verdes, CA), Capitol Varsity Sports (Oxford, OH) and KoSports Hockey Source For Sports (Canonsburg, PA)

Science in Sport Appoints CFO

Specialist performance nutrition firm Science in Sport (SiS) announced the appointment of James Simpson as chief financial officer. He joins Science in Sport from ASOS, the fashion e-tailer.

XFit Secures Funding

XFit Inc. announced an equity crowdfunding offering through MicroVenture Marketplace. Offering proceeds will be used to accelerate growth of XFit’s Nexersys line through its direct to consumer sales efforts and to enhance its interactive content.

Wrist-Worn Wearables Maintain Strong Growth Trajectory in Q219

Shipments of wrist-worn wearables, inclusive of smartwatches, basic watches, and wrist bands, reached 34.2 million units, up 28.8 percent year over year during the second quarter of 2019 (2Q19), according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. The top 5 companies – Xiaomi, Apple, Huawei, Fitbit, and Samsung – collectively captured 65.7 percent of the market, an almost 12-point gain from last year.

Ballogy Partners With Texas Top 100

Ballogy Inc., the software company helping youth and amateur athletes prepare for their sports, announced they are teaming with Texas Top 100 (TT100), a leading NCAA-certified recruiting and rankings service for Texas high school players.

True Diamond Science Creates Advisory Panel, Welcomes Former MLB Players

True Diamond Science announced the formation of its Advisory Panel with former major leaguers Mark McGwire, Edgar Renteria, Eric Byrnes and seven others as founding members. The division of True Sports, Inc. aims to disrupt the youth baseball industry with its bat fitting process and wide range of sizing options.

Celsius to Acquire Nordic Wellness Company Func Food Group Oyj

Celsius Holdings Inc., maker of the leading global fitness drink based in Boca Raton, FL, plans to acquire Func Food, a Finnish corporation. Func Food makes beverages, protein bars, supplements and superfoods under the brands Celsius, FAST Sports Nutrition, CocoVi and FitFarm.

Peloton Looks To Raise Over $1 Billion In IPO

Peloton Interactive Inc, the Indoor cycling startup, is seeking raise as much as $1.16 billion in its IPO, according to an updated filing with the Securities & Exchange Commission.

Ex-Adidas Consultant T.J. Gassnola Avoids Prison In College Hoops Scandal

Thomas “T.J.” Gassnol, a former Adidas consultant, was sentenced Tuesday to one year of probation after prosecutors credited him with helping secure convictions of three others involved in a college basketball corruption scandal. He faces a one-year supervised release, two months of home confinement and electronic monitoring, along with a $100 fine, according to ESPN.