SGB Update Sports & Fitness
Callaway Golf Misses On EPS, Beats On Revenue in Q4
Callaway Golf Co. on Wednesday announced its full year 2018 financial results and provided financial guidance for 2019, including contributions from Jack Wolfskin, which the company acquired in January 2019.
NRF Sees 2019 Growth Between 3.8 And 4.4 percent
The National Retail Federation forecast that retail sales during 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown.
BSN Sports Signs Olympic Swimmer As Brand Ambassador
BSN Sports announced that that Jessica Hardy Meichtry, Olympic swimmer and 12-time World-Record holder, has joined the company as a brand ambassador for the Swim Division.
Nike Signs Clean Energy Deal In Europe
Nike signed its first European clean energy deal with Iberdrola, the Spanish utility, with a goal of having all its offices in Europe powered by renewable energy by 2020.
Sir George Buckley Joins eGym As Chairman
Sir George W. Buckley, the former CEO of 3M, is joining the Munich-based sports technology company eGym as its chairman.
NBC Sports Group, Rory McIlroy Inc. Launch Digital Golf Membership GolfPass
NBC Sports Group and global golf superstar Rory McIlroy on Tuesday announced the launch of GolfPass, a new digital membership delivering comprehensive benefits tailored to the modern golfer’s lifestyle.
Foot Locker Announces Global Realignment To Support International Growth Strategy
Foot Locker Inc., the New York-based specialty athletic retailer, on Tuesday announced a realignment of its organizational operating model into three distinct geographical regions: Europe, Middle East and Africa (EMEA); Asia Pacific; and North America, to better align its resources across its international businesses, and to develop an infrastructure to support an expansion plan within the Asian market.
BikeCo Purchases ASE Assets As Going Concern
BikeCo, LLC, a joint venture consisting of Tiger Capital Group and Advanced Holdings Co. Ltd., has acquired the assets of Advanced Sports Enterprises (ASE). The winning bid, approved by the bankruptcy court on February 1, exceeded $23 million.
Academy Sports Appoints Steven Lawrence As EVP And Chief Merchandising Officer
Academy Sports + Outdoors announced that Steven P. Lawrence has been appointed executive vice president and chief merchandising officer, effective February 11. He was most recently CEO of Francesca’s and has also been chief merchandising officer at Stage Stores.
Fila Extends Sponsorship Of The BNP Paribas Open
Fila has extended its Premier Sponsorship agreement with the BNP Paribas Open, the largest ATP Tour and WTA combined two-week event in the world.
Gladiator Lacrosse Acquires All Ball Pro
Gladiator Lacrosse LLC announced the acquisition of St. Louis-based All Ball Pro, which currently manufactures and distributes commercial-grade and professional-grade rebounders for lacrosse and a variety of other sports.
Under Armour To Continue Lindsey Vonn Sponsorship Post-Retirement
Under Armour plans to continue its sponsorship of Lindsey Vonn after her retirement. On Friday, the legendary skier announced she planned to retire after the World Championships this week in Sweden.
Outdoor Voices Names Pamela Catlett As President And Chief Operating Officer
Outdoor Voices, the cult women’s activewear brand, announced the appointment of Pamela Catlett, a f former Nike and Under Armour executive, as president and chief operating officer.
Genesco Completes The Sale Of Lids Sports Group To FanzzLids Holdings
Genesco Inc. announced that the company has completed the sale of its Lids Sports Group to FanzzLids Holdings for $101 million.
Delta Apparel’S Q1 Hit By Sports Authority Litigation Charge
Delta Apparel Inc. took a $2.5 million charge in the first quarter ended December 29 in connection with the resolution of litigation stemming from The Sports Authority’s March 2016 bankruptcy. Earnings grew strongly excluding the charge as sales advanced 12.5 percent.
