SGB Update Sports & Fitness
HanesBrands Submits Data For 2019 CDP Climate Change Report
HanesBrands has voluntarily disclosed its carbon emissions and related information for the CDP 2019 Climate Change Report for the 10th year. The disclosure shows progress toward the company’s 2020 goals for use of renewable energy, total energy use and carbon emissions.
OrthoLite Hires Rob Falken As VP Of Global Innovation
OrthoLite, a leader in insole technology, announced the hiring of Rob Falken as vice president of global innovation.
Technogym Signs On As The Official Supplier To Support Lima 2019 Pan American Games
Technogym has been selected to create the training center for the Pan Am Games in Lima.
Nike And Jordan To Outfit Basketball Africa League
The Basketball Africa League (BAL) announced Nike and Jordan Brand will be the exclusive outfitter of the new professional league featuring 12 club teams from across Africa and scheduled to begin play in March 2020.
True Sports Acquires Accra Golf Shafts
True Sports, parent company of True Temper, the leading golf shaft manufacturer in the world, announced the acquisition of Accra Golf Shafts and its parent company Premium Golf Management Co. (PGMC).
SquadLocker Launches Single-Unit Custom Gear And Uniform Delivery Service
SquadLocker, a maker of customized custom team gear, introduced SquadLocker MVP. a new service promising to ensure availability of the most popular team gear and uniforms, faster delivery, and no-hassle return policy.
HanesBrands’ Q2 Boosted By Double-Digit Activewear Growth
HanesBrands delivered strong Q2 results at the high end of guidance for net sales, operating profit and EPS. Total sales were up 3 percent, led by gains of more than 50 percent at the Champion brand.
Fitbit Lowers Revenue Guidance For Year
Fitbit Inc. reduced its loss in the second quarter as sales improved 4.8 percent but reduced its overall revenue guidance for the year due to soft Versa Lite sales.
Garmin Reports Record Q2 Revenue And Profits; Raises Guidance
Garmin Ltd. lifted its earnings and sales guidance after reporting second-quarter earnings that easily topped Wall Street’s targets. Garmin’s Aviation, Fitness and Marine segments all saw double-digit growth.
Puma Lifts Full-Year Outlook On Robust Q2 Revenue Gains
Puma slightly raised its full-year guidance after reporting second0-quarter earnings rose 59.8 percent. Revenues increased 15.7 percent on a currency-adjusted basis. The gains were led by the Asia-Pacific region, up 21.6 percent, closely followed behind by the Americas, 19.7 percent. EMEA sales grew 8.4 percent currency neutral.
Athleta Signs First Sponsored Athlete
Athleta and Allyson Felix are joining forces to empower women and girls through sports. In a wide-reaching partnership, Allyson, one of the most decorated track and field athletes in U.S. history, will become Athleta’s first-ever sponsored athlete.
Adidas To Sponsor Boca Juniors
Adidas will replace Nike as the kit sponsor of Boca Juniors beginning in 2020 in a ten-year deal. Nike has been with the Argentina football club for 23 years.
Big 5’s Q2 Earnings Top Guidance
Big 5 Sporting Goods Corp. notched a profit against a loss in the second quarter ended June 30 as same-store sales rose for the third consecutive quarter. Earnings arrived above guidance. Increased traffic in California in June in advance of new ammunition legislation that took effect in July boosted sales in the period.
Jofit Partners With Team USA For 2019 Solheim Cup
Jofit, the maker of women’s golf, tennis and fitness apparel, has signed on as the official apparel sponsor of Team USA in the 2019 Solheim Cup.
Golf Rounds Played Flat In June
According to Golf Datatech, golf rounds played in the U.S. were flat in June, held back by a steep decline in the South Central region. Year to date, golf rounds played are down 1.0 percent.
