SGB Update Sports & Fitness
Nike Signs Deal With The University Of Alaska Fairbanks
Nike signed a five-year deal to outfit the athletic teams of the University of Alaska Fairbanks. BSN Sports will supply the merchandise as part of the initiative.
Pro-Tec Athletics Appoints VP Of Sales
Pro-Tec Athletics welcomed Carlos Serrano as its new director of sales. Serrano joins Pro-Tec with over 13 years of experience in sales, including more than eight years with Merrell in the sporting goods/outdoor industry.
Garmin Adds Golf Legend Greg Norman As Ambassador
Garmin announced a new partnership with golf legend and businessman Greg Norman to be its global brand ambassador.
Trade War Escalates With Currency Manipulation Charges
China allowed its currency to drop sharply on Monday to the weakest level in more than a decade, prompting the Trump administration to take the historic step of labeling China a currency manipulator.
Xtep Closes K-Swiss Acquisition
Xtep, the China-based sports company, closed its acquisition of E-Land Footwear USA Holdings Inc., the owner of the K-Swiss, Palladium, Supra, PLDM and KR3W brands for $260 million.
Gaia Sees Robust Subscriber Growth In Q2
Gaia, Inc. reported a 32 percent increase in revenues in the second quarter, driven by 26 percent subscriber growth. Subscriber count increased to 582,200 as of June 29, 2019 from 463,200 on June 30, 2018. The loss from operations was reduced 30 percent to $4.5 million “We continue to make meaningful progress on improving the […]
Amphipod Appoints VP Of Marketing, Engagement And Athlete Programs
Amphipod announced the appointment of Linda Glassel as vice president of marketing, athlete programs and brand engagement. The addition of Glassel builds upon the company’s momentum and innovation leadership position in the road and trail running hydration and training accessory product categories.
Dick’s Launches Matching Campaign To Support Youth Sports
Dick’s Sporting Goods and The Dick’s Sporting Goods Foundation launched a national campaign aimed at providing access to sports for 1 million young athletes nationwide by 2024. The Dick’s Foundation will fully-fund all Sports Matter projects currently on DonorsChoose.org totaling more than $450,000 and impacting nearly 40,000 youth athletes.
Wacoal International Acquires Lively
Wacoal International Corporation, parent company of Wacoal America, Inc. and CW-X, announced the acquisition of Intimates Online, Inc., best known as the brand Lively.
Nike Extends Deal With National Women’s Soccer League
Nike and the National Women’s Soccer League (NWSL) have agreed to an extended partnership through 2022 in which Nike remains the league’s exclusive partner of uniforms, apparel and equipment.
Asics North America Sees Sales Increase In Q2
The second quarter of 2019 for Asics North America (ANA), which includes the United States, Canada and Mexico, showed positive regional growth year-over-year and increased traffic to both online e-commerce and retail channels. This marks the second consecutive quarter of growth for Asics North America.
Augusta Sportswear Acquires Pacific Headwear
Augusta Sportswear, a leader in sports apparel, uniforms and accessories, announced that it has acquired Pacific Headwear, a privately held company based in Coburg, OR. The terms of the agreement were not announced.
Trump Says U.S. Will Impose 10 Percent Tariffs On Another $300 Billion Of Chinese Goods
Industry and retail trade organizations reacted quickly to criticize President Trump’s plans for a new 10 percent tariff on $300 billion of Chinese imports, taking effect on Sept. 1, 2019. These tariffs will target “List 4” products – products including footwear and apparel that have not previously been subject to tariff increases.
Gildan Activewear Returns To Growth In Q2
Gildan Activewear Inc. reported earnings on an adjusted basis grew 3.1 percent in the second quarter as sales increasd 5 percent. The guidance was reaffirmed for the year.
Dick’s Launches DSG Brand
Dick’s Sporting Goods announced the launch of DSG, its newest athletic gear and apparel line that offers athletes an expanded assortment of styles and sizes for women, men and youth.
