SGB Update Sports & Fitness
Gympass Launches In The U.S.
Gympass, a platform that helps companies engage their workforce in physical activity by providing access to thousands of fitness facilities, announced its U.S. launch in 12 key markets.
Acushnet Q4 Revenues Climb 6.6 Percent
Acushnet Holdings Corp., the parent of Titleist and FootJoy, reported a profit against a loss in the fourth quarter. Sales rose 6.6 percent, led by a 9.5 percent gain in Titleist golf balls.
WHOOP Announces $25 Million Series C Financing
WHOOP, the human performance company, announced a $25 million Series C financing round led by UAE71 Capital with participation from the National Football League Players Association (NFLPA), Durant Company, Thursday Ventures, and existing investors including Two Sigma Ventures, Accomplice, Mousse Partners, Promus Ventures and NextView Ventures.
RYU Apparel Announces Appointment Of Cesare Fazari To Advisory Board
RYU Apparel Inc. announced the appointment of Cesare Fazari, founding partner in Northwood Developments, to the Advisory Board and the grant of stock options.
Fitbit Adds Board Member
Fitbit, Inc. announced that Brad Fluegel has joined the Fitbit, Inc. board of directors. Fluegel recently retired as senior vice president, chief healthcare commercial market development officer for Walgreens.
RumbleRoller Rolls Into Partnership With Mobility Expert And Founder Of MobilityWOD Kelly Starrett
RumbleRoller announces a partnership with renowned CrossFit coach, founder of MobilityWOD and physical therapist, Kelly Starrett
NBA Considering Removing “One and Done” Age Limit
The NBA is considering ending the “one-and-done” age limit rule for players who want to enter the NBA draft in wake of the pay-for-play scandal roiling college basketball, according to a report from ESPN.
Any Metal Tarriffs Unlikely To Impact Sporting Goods Industry
President Donald Trump’s announcement that he plans to order new tariffs on steel and aluminum isn’t likely to impact sporting goods or outdoor gear suppliers, according to analysis by the Sports & Fitness Industry Association (SFIA).
Skechers Foundation Gives More Than $1.5 Million to Children with Special Needs and Education
The Skechers Foundation celebrated its ninth record-breaking Skechers Pier to Pier Friendship Walk for children last week at the Shade Hotel in Manhattan Beach, California – presenting more than $510,000 to The Friendship Foundation in support of kids with special needs, and over $1 million for education foundations.
The Finish Line Youth Foundation Donates $386,635 In Q4 2017
The 16 grants to youth organizations in nine states and the territory of Puerto Rico support healthy lifestyles and youth development.
Nautilus’ Q4 Earnings Drop On Impairment Charge
Nautilus Inc. reported earnings slid in the fourth quarter after absorbing an impairment charge for the Octane Fitness trade name. Operating income before the charge fell 21 percent due to lower gross margins and increased media spend. Revenues grew 1.7 percent.
TYR Sport To Support The Mac Crutchfield Foundation
TYR Sport plans to support The Mac Crutchfield Foundation and all of its initiatives to develop pro-swimming programs and promote health, fun and safety in the water.
Tennis Owners & Managers Conference Set For Charleston, SC In April
In addition to featured speakers such as ClubIntel co-founder Stephen Tharrett and ConantLeadership CEO Douglas R. Conant, the conference will feature unique “TOM Talk” sessions focusing on specific topics, then include roundtable discussions.
Garmin Selected As Exclusive Marine Electronics Supplier To IBBI
Garmin International, Inc., a unit of Garmin Ltd., announced that is has been selected as the exclusive marine electronics supplier for the Independent Boat Builders, Inc. (IBBI), the industry’s largest purchasing cooperative comprised of a 19-member network of leading boat brands.
Deckers Outdoor’s CFO To Step Down
Deckers Outdoor Corporation said in a regulatory filing that, after nine years of valuable contributions and dedicated service to the company, Thomas A. George will be stepping down as chief financial officer of the company to pursue other interests.
