SGB Update Sports & Fitness

Nike Extends NFL Deal

The National Football League and Nike announced an extension to their on-field rights partnership for another eight years. The new deal will take place when the current one expires in 2020 and will run through 2028.

Lululemon’s Q4 Earnings, Revenue Surpass Expectations

Lululemon Athletica Inc. reported earnings and revenue for the fourth quarter that easily surpassed Wall Street expectations and its revised guidance. The company’s reported adjusted diluted earnings per share were $1.33 while revenue was $928.8 million, above expectations of $1.27 and $912 million.

Adidas Signs Aaron Judge

Adidas announced a multiyear partnership with 2017 Major League Baseball (MLB) American League Rookie of the Year, outfielder Aaron Judge of the New York Yankees. Judge had been with Under Armour.

Nike Again Ranks As Most Valuable Apparel Brand

Nike again led Brand Finance’s annual listing of the world’s most valuable apparel brands, although it lost some value since last year. Rounding out the top ten were H&M, Zara, Adidas, Hermes, Louis Vuitton, Cartier, Gucci, Uniqlo and Rolex.

Nike Acquires Data Analytics Leader Zodiac

Nike Inc. announced it has acquired Zodiac Inc., a leading consumer data analytics firm based in New York City and Philadelphia, as it accelerates its Consumer Direct Offense strategy to serve consumers faster and more personally at scale.

TYR Sport Re-Signs Craig Alexander

TYR Sport announced the re-signing of 3X Ironman and 2X Ironman 70.3 World Champion Craig “Crowie” Alexander to its roster of sponsored athletes.

Yue Yuen’s 2017 Earnings Dip

Yue Yuen Industrial (Holdings) Limited reported earnings in the year were slightly down despite a 7.6 percent gain in sales.