SGB Update Sports & Fitness

NBA Partners With Headspace

The NBA and Headspace will co-develop mental training content on the Headspace app this summer, specifically designed to better prepare athletes at all levels for competition.

IDC: Smartwatches Seeing Sustained Growth

Worldwide shipments of wearable devices is on track to grow 15.1 percent in 2018 and deliver a compound annual growth rate (CAGR) of 13.4 percent over the next five years, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.

Pentland Brands Acquires Endura

Endura, the cycling apparel brand and Movistar Team clothing partner, has been acquired by Pentland Brands. 

Starboard Says Four Of Its Newell Board Nominees Pull Out

Four of activist hedge fund Starboard Value LP’s nominees to Newell Brands Inc’s board of directors withdrew their nominations, a day after the company maker gave billionaire investor Carl Icahn four board seats.

Athleta Earns B Corp Certification

Celebrating its 20th anniversary, Athleta announced it has earned B Corp Certification from the nonprofit B Lab, becoming one of the largest apparel companies in the world to certify as B Corp.

Puma to Re-Enter Basketball Category

Puma SE at its Capital Markets Day revealed intentions to re-enter the performance basketball category. The company also it expects currency-adjusted consolidated net sales to grow around 10 percent on average per year until 2022.

Nike Says Second Senior Executive Is Leaving Company

Nike on Friday said Jayme Martin, vice president and general manager of global categories for Nike, has been ousted from the company. His departure comes one day after Nike President Trevor Edwards resigned amid complaints about poor workplace conduct.

New Balance Awarded $17M contract For Military Footwear

New Balance was awarded a $17.3 million contract from the Department of Defense (DOD) to provide American-made New Balance athletic shoes to initial entry service members upon arrival at basic training.