SGB Update Sports & Fitness

JBL Extends NBA Partnership
JBL renewed the company’s multi-year relationship with the NBA and expanded the company’s footprint among players and teams.
Nike Veteran Joins Curaleaf
Chris Melillo, who formerly served as senior director of stores North America for Nike Inc. and VP of stores for DTLR/Villa, has joined Curaleaf, a vertically integrated cannabis operator based in Wakefield, MA.
Sports Direct’s Chairman Keith Hellawell To Step Down
Sports Direct said Keith Hellawell plans to step down as chairman and as a director of the company, having served since November 2009. Senior Independent Non-Executive Director Simon Bentley has retired as a director.
Report: Adidas To Re-Up Naomi Osaka In Mega-Deal
Adidas is planning to sign a record-breaking endorsement deal with U.S. open champion Naomi Osaka, according to The Times.
Rossignol Group Announces New SVP, Global Bike Division
The Rossignol Group, home of the iconic bicycle brands Felt, Rossignol and Time, announces the departure of co-founder and president of Felt, Bill Duerhing Coinciding with this departure, the Rossignol Group has announced the appointment of Scott Rittschof as senior vice president, Global Bike Division.
West Coast Fitness Secures Investment
Castanea Partners, a private equity firm, made an investment in West Coast Fitness LLC, a leading franchisee and area representative of Orangetheory Fitness that operates ten Orangetheory studios and oversees an additional seventeen studios owned by other franchisees in Los Angeles and San Francisco’s South Bay area.
Project High Five Launches To Tackle Youth Sports Crisis
Project High Five (PH5), an online community designed to help keep kids engaged in team sports longer, announced the official launch of the community’s online platform.
OrderMyGear Hires Under Armour’s Matt Kaplan As Head Of Enterprise Sales
OrderMyGear, the e-commerce enabler for the team channel, hired Matt Kaplan as the head of enterprise sales, a new position at the growing company. Kaplan comes to OrderMyGear from Under Armour, where he worked for 16 years in a variety of leadership roles, most recently as the director of sales for Team Sports.

Riddell And Peyton Manning Award Smarter Football Equipment To 18 Programs
Riddell and brand ambassador Peyton Manning announced the 18 recipients of the 2018 Smarter Football equipment grants and congratulated each program with a personalized video message from Manning.

Adidas Continues As Sponsor Of German Football Association
The German Football Association (DFB) and Adidas announced the extension of their partnership.
Dick’s Sets Grand Opening For Four Stores
Dick’s Sporting Goods will be opening four new Dick’s Sporting Goods stores in September. The stores are in Sarasota, FL; North Port, FL; Tucson, AZ and Schererville, IN.

China Vows Retaliation If Trump Adds More Tariffs
China said Monday it would retaliate against the U.S. if President Donald Trump imposes more tariffs on Chinese goods, further escalating the global trade war between the two nations.

Under Armour Partners To Turn Vacant Lots Into Playgrounds
Community organizations in Baltimore, Los Angeles and Philadelphia will receive grants totaling $330,000 from ESPN, Under Armour and LISC to help transform vacant lots into sports, recreation and play spaces.

Larry Ellison Invests And Partners With Universal Tennis
Universal Tennis announced that Larry Ellison, the executive chairman and chief technology officer of Oracle, has become an investor and partner with the company.
Yue Yuen’s Sales Climb 5 Percent In August
Yue Yuen Industrial Holdings Limited reported sales in August reached $799.5 million against year-ago revenues of $761.3 million, a gain of 5.0 percent.