SGB Update Sports & Fitness
Kitbow Cycling Apparel Appoints Blum and Herrick To The Board
Industry veterans Paul Blum and Andrew Herrick have joined the board of privately-held Kitsbow Cycling Apparel.
Nike Inc. Makes Up Two-Thirds Of Foot Locker’s Sales In 2017
Foot Locker said 67 percent of the company’s merchandise in 2017 was purchased from Nike Inc., slightly down from 68 percent in 2016, according to its recently-released annual report.
A.D. Starr Becomes Official Ball Supplier Of The Little League World Series
Dick’s Sporting Goods and Dick’s Team Sports HQ announced the retailer’s bulk baseball and softball equipment business A.D. Starr has been named the Official Ball Supplier of the Little League World Series. The deal goes into effect during the 2018 season.
Nike Pushing To Promote More Women And Minorities
Nike “has failed to gain traction” in hiring and promoting more women and minorities to senior-level positions, according to a memo sent internally to Nike’s employees Wednesday from Monique Matheson, EVP, global human resources.
Janji To Open Pop-Up Shop For Boston Marathon
Janji, the socially-conscious run apparel brand, is partnering with GU and JayBirds on a pop-up at the Boston Marathon.
Shoe Carnival’s Athletic Mix Expands To 53 Percent Of Sales In 2017
Shoe Carnival Inc. said athletic product represented 53 percent of sales in 2017, up from 51 percent in 2016. Nike accounted for 35 percent of its sales in 2017, up from 33 percent.
SFIA Relieved Sports & Fitness Products Are Not Target of Tariff Increases
SFIA said that while no sports and fitness products coming from China were targeted by the Trump administration for additional tariffs.they remain a potential target for tariffs, should the administration move to punish China even further.
Nike COO To Deliver University Of Montana Commencement Speech
The 2018 Spring Commencement ceremonies at the University of Montana on Saturday, May 12, will be delivered by Eric Sprunk, the chief operating officer for Nike Inc.
Team U.S. Polo Assn. Competes for the U.S. Open Polo Championship
U.S. Polo Assn., the official brand of the United States Polo Association, will sponsor a high-goal polo team competing in the U.S. Open Polo Championship held at the International Polo Club in Wellington, Florida.
Selkirk Sport Re-Signs Enrique Rui To Pickleball Advisory Staff
Selkirk Sport, manufacturer of Pickleball paddles and accessories, announced the re-signing of Pickleball six-time National Champion Enrique Ruiz to the Team Selkirk Advisory Staff.
VF Corp. Completes Acquisition Of Icebreaker
VF Corp. has completed the company’s previously-announced acquisition of Icebreaker Holdings, Ltd., a privately-held company based in Auckland, New Zealand. The purchase price was about $200 million.
Apparel And Footwear Spared From China Tariff List
The Office of the U.S. Trade Representative released its list of about 1,300 Chinese exports – worth about $50 billion annually – that it intends to target with 25 percent tariffs. The list doesn’t target apparel and footwear products directly, but it does include the machinery and tools used to produce those products.
OrderMyGear Raises $35 Million From Susquehanna Growth Equity
OrderMyGear announced that the e-commerce enabler for the team channel received a $35 million investment from Susquehanna Growth Equity (SGE).
Under Armour Erodes, Adidas Grows At Hibbett Sports In 2017
According to Hibbett Sports’ 10-K report, sales of Under Armour fell sharply at the retailer in 2017, while sales of Adidas more than doubled.
Grassroots Connect Buying Show Welcomes New Exhibitors
Grassroots Connect, the four-day national buying show for independent specialty retail, is welcoming five first-time vendor exhibitors to the spring event at the Knoxville Convention Center, June 14-17, 2018.
