SGB Update Sports & Fitness
BSN Sports Acquires Kelly’s Sports
BSN Sports has acquired Kelly’s Sports, Ltd, based in West Chester, PA. So far this year, BSN has acquired Reynolds Team Sales in Western Massachusetts, Midwest Sportswear & Athletic Supply in Minnesota, DC Sports in New York/New Jersey, and Gulf Coast Athletic Supply in Texas.
Nike Withdraws Iran World Cup Team’s Boots Due To Sanctions
Nike confirmed Monday the company had stopped supplying Iran’s football team with boots ahead of the World Cup due to sanctions.
Asics Publishes 2017 Sustainability Report, Sets 2030 Goals
Asics set ambitious new targets for 2030, including reducing the carbon footprint of the company’s own operations by 33 percent And cutting supply chain carbon emissions by 55 percent of 2015 levels.
Authentic Brands Group Acquires Nine West
Authentic Brands Group (ABG) acquired Nine West Holdings, the parent of Nine West, Anne Klein and Gloria Vanderbilt, in a bankruptcy auction.
Reebok Appoints Global Creative Director
Reebok hired Karen Reuther, who formerly worked for Nike and Cast Collective, as global creative director for the company.
Craft Sportswear Launches New Canadian Headquarters
Craft Sportswear Canada, a division of New Wave Group, announced the launch of the company’s new Canadian subsidiary offices in Ville-Saint-Laurent, Quebec.
Yue Yuen’s Revenues Climb In May
Yue Yuen reported consolidated operating revenue of $876.4 million in May versus $809.5 million a year ago, representing a gain of 8.3 percent.
Adidas Signs Alix Klineman
Adidas announced multi-year partnerships with 2017 AVP Beach Volleyball Rookie of the Year Alix Klineman. The 6’5” athlete from Manhattan Beach will become the face of Adidas Volleyball.
IHRSA Announced Institute Scholarship Recipients
The IHRSA Institute announced that Annie Fältman is the recipient of The John McCarthy Merit Scholarship and Kelli Mokeler is the recipient of The Curt & Jane Beusman Scholarship.
JC Penney To Open Fanatics Shops
JC Penney has partnered with Fanatics Inc. to open 325 Fanatics in-store shops selling team apparel. An additional 325 Fanatics destinations will be open by the back-to-school season.
Lululemon To Repurchase 3.3 Million Shares from Advent International
Lululemon Athletica Inc. announced that the company has agreed to repurchase 3.3 million shares of the company’s common stock in a private transaction with funds affiliated with Advent International Corporation.
Dick’s Partners With Bunkers In Baghdad To Bring Golf To Troops
Dick’s Sporting Goods made a donation of golf clubs, balls and other equipment to Bunkers in Baghdad, which supports American troops and veterans deployed around the world and recovering in the U.S.
Tasc Performance Partners With PGA Tour
Tasc Performance, the maker of performance-lifestyle apparel, announced the brand’s first partnerships in professional golf.
NRF: Retail Imports To Hit Record Numbers This Summer
Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released Thursday by the National Retail Federation and Hackett Associates.
Callaway Signs Top Amateur Norman Xiong
Callaway Golf Company announced that 19-year-old Norman Xiong, one of golf’s most top amateurs and collegiate players, has joined the company’s staff after turning professional last week.
