SGB Update Sports & Fitness
Tariff Hike Postponed
On Sunday, President Donald Trump delayed the March 1 deadline to increase tariffs on Chinese goods, citing “substantial progress” during a week of trade talks in Washington, D.C. between U.S. and Chinese officials.
Danzeisen & Quigley To Close
Danzeisen & Quigley, the sporting goods store in Cherry Hill, NJ, plans to close after 57 years in operation, according to the Philadelphia Inquirer.
RECALL: SRAM Bicycle Gear Hubs
About 7,000 bicycle gear hubs from SRAM are being recalled. SRAM has received five reports of brake failure, resulting in one minor injury to a rider.
QuintSoul Hires West Coast Sales Manager
Quintsoul, the swimwear brand, has appointed Maria Barnes as west coast sales manager.
BSN Sports Acquires Naperville’s Janor Sports
BSN Sports, a division of Varsity Brands, announced that it has finalized the acquisition of the team division of Janor Sports, LLC (Janor Team), based in Naperville, IL.
MLB Players Association Releases Statement Supporting New Era Workers
The MLB Players Association (MLBPA) issued a statement on Thursday in support of workers at the soon-to-be-closed New Era plant in Derby, NY. New Era earlier this month reached an agreement with plant workers on comprehensive severance benefits ahead of the plant’s scheduled closure in March.
Arc’teryx’s Sales Grew 11 percent In 2018
Amer Sports issued its annual report review for 2018 that showed Arc’teryx’s sales grew 11 percent last year to drive growth across Softgoods, a strategic growth priority for the company.
Under Armour CEO’s Relationship With MSNBC Anchor Draws Scrutiny
The Wall Street Journal reported that Kevin Plank, Under Armour’s CEO, has been scrutinized by his board of directors for his personal relationship with MSNBC anchor Stephanie Ruhle and its impact on the company.
Nike Plans Investigation Following Zion Williamson’s Injury
Nike said it was planning an investigation after one of its sneaker worn by Duke University’s basketball standout Zion Williamson ripped open during a high-profile game Wednesday night. “We are obviously concerned and want to wish Zion a speedy recovery,” Nike said in a statement. “The quality and performance of our products are of utmost […]
Injinji Expands E-Commerce Portfolio In North America
Injinji expanded, the sock specialist, expanded its e-commerce offering in North America to include a Canadian shipping option.
Under Armour Extends Partnership With Virginia Military Institute
Virginia Military Institute has extended its athletics apparel and footwear partnership with Under Armour. The agreement, which runs through 2022 with a two-year renewal option, continues the partnership that began in 2014.
Asics Appoints Director Of Run Specialty Sales
Asics North America appointed Kevin McHale as its new director of run specialty sales. In this role, McHale will manage the run specialty business. Asics also said it is unveiling a newly created Technical Representatives Program to provide rep coverage across the country.
Report: U.S. And China Trade Talks Making Significant Progress
The U.S. and China have made the most significant progress to date in their trade talks, outlining commitments in areas such as intellectual property rights, services, currency and agriculture barriers to trade, Reuters reported.
Point 3 Secures Investment From Baron Davis
Baron Davis, the former NBA star, recently made an investment in Point 3 Basketball, the specialist in basketball uniforms and socks, and has become its creative director.
Gildan Activewear’s Profits Jump In Q4
Gildan Activewear reported adjusted earnings rose 31.5 percent in the fourth quarter. Revenues jumped 13.6 percent, led by a 22.3 percent increase in activewear sales.
