SGB Update Sports & Fitness
Perry Ellis Extends Deadline For Board Nomination
Perry Ellis International announced the company’s board of directors has extended the window to nominate candidates for the company’s upcoming annual meeting.
Nike Acquires Israeli Computer Company
Nike Inc. acquired Invertex Ltd., a fashion-tech company providing scan-to-fit shopping platforms powered by 3D and deep-learning, to strengthen the company’s digital technology and talent as part of Nike’s Consumer Direct Offense.
Implus Provides Active Military Members Free Admission To Durham Bulls Games
The partnership provides free home game tickets for active duty military for Durham Bulls regular season games at Durham Bulls Athletic Park.
Fiji Water Becomes Official Water Partner Of SoulCycle
Fiji Water announced its official partnership with SoulCycle, a company that produces indoor cycling classes.
RYU Apparel’s Revenues Jump In 2017
RYU Apparel Inc., the maker of urban athletic apparel, reported revenues for the year ended December 31, 2017 were $3.0 million, 121 percent higher than revenue of $1.37 million during the year ended December 31, 2016.
Adidas To Close Stores In Online Shift
Adidas is planning to close stores in coming years as the company shifts investments to online operations, Adidas CEO Kasper Rorsted told the Financial Times.
Canadian Tire Introduces Triangle Rewards
Later this spring, Canadian Tire, the parent of Sport Chek, will evolve the company’s iconic loyalty program, Canadian Tire Money, with the introduction of Triangle Rewards.
Fanatics Wins Lawsuit Against Former Employee
A circuit judge in Jacksonville, FL, issued a temporary injunction that won’t allow ’47 Brand to use information that is alleged to have been stolen from rival company Fanatics, according to a report from ESPN.
Champion Opens First U.S. Store
Champion Athleticwear opened the company’s first full-price store, in Los Angeles at 123 South La Brea Avenue.
Newell Brands Shareholder Letter Claims Starboard Has “No Plan”
Newell Brands’ board of directors mailed a letter to the company’s shareholders on April 6 arguing that activist investor Starboard doesn’t understand the company and “has no plan.”
Decathlon Launches First U.S. Lab Store In San Francisco
Decathlon USA hosted the company’s official grand opening event at its new U.S. lab store in San Francisco.
Trump Proposes $100 Billion In New Tariffs On Chinese Goods
President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods. In response, China warned it would fight back “at any cost” with fresh trade measures if the U.S. continues on its path of protectionism.
Decathlon Sets Opening Date For First Store In Canada
Decathlon will open the company’s first Canadian store on Saturday, April 21, at Mail Champlain in Brossard, just outside of Montreal.
SidelineSwap Awards Six Athletes With Scholarships To Help Fund Their Year In Sports
That’s why SidelineSwap, an online marketplace where athletes buy and sell gear, wants to make sports more affordable.
Tailwind Nutrition Receives Informed-Choice Finished Product Certification
Tailwind Nutrition’s original endurance fuel received the Informed-Choice Finished Product Certification, a standard demonstrating the highest level of quality assurance available to the sports supplement industry.
