SGB Update Sports & Fitness
REI To Offer Curated Selection Of Athleta Apparel
REI and Athleta announced plans to bring a curated selection of current Athleta apparel to 14 REI stores and REI.com this spring.
Nathan Extends Sponsorship Of Ragnar Relay & Ragnar Trial Series
Nathan, a specialist in hydration, visibility and performance gear, announced the extension of a multiyear sponsorship with the Ragnar Relay & Ragnar Trail Series, which is the largest overnight running relay series in the world.
SFIA Campaigns For Herschel Walker To Become Chairman President’s Council On Fitness, Sports & Nutrition
The Sports & Fitness Industry Association (SFIA) is joining forces with the American College of Sports Medicine (ACSM) to lead the campaign for chairman of the President’s Council, on behalf of former Heisman Trophy winner, Herschel Walker.
Macy’s Tops Q4 Guidance
Macy’s Inc. reported fourth-quarter earnings that topped Wall Street’s targets while providing an upbeat outlook for the year.
Anta Sports Sees Robust Earnings And Sales Growth in 2017
Anna Sports reported revenues n 2017 rose 25.1 percent to RMB16.7 billion, up from RMB13.3 billion in 2016.
Fitbit Q4 Falls Short Of Wall Street’s Targets
Fitbit Inc. reported a non-GAPP loss of $5 million, or 2 cents a share, in the fourth quarter, worse than Wall Street’s consensus estimate of break-even results. Said James Park, CEO, “In 2018 we’ll focus on managing down expenses, continuing to expand in the smartwatch category and supporting our engaged global community on their health and fitness journeys.”
New Group VP Named To Lead Agenda Show, ComplexCon
Reed Exhibitions appointed Ron Walden as group vice president and head of the Fashion & Festival portfolio, which include the Agenda Shows, Agenda Festival and ComplexCon.
Pensole Kicks Off 2018 World Sneaker Championship – Powered By Foot Locker
The global competition, now in its fourth year, is an online, single-elimination, all-or-nothing tournament, with a grand prize comprising $20,018 in cash, scholarships to Pensole, and design products from Wacom valued at more than $8,000.
RECALL: Allen Sports Folding Bicycles
About 150 UltraX and Ultra1 Folding Bicycles from Allen Sports are being recalled.
Play It Again Parent Sees Earnings Improvement In 2017
Winmark Corporation, the parent of Play It Again Sports, reported net income for the year ended December 30, 2017 of $24.6 million, or $5.66 per share, compared to net income of $22.2 million, or $5.13, in 2016.
Fanatics Sees Sales Surge Following U.S. Women’s Hockey Victory
According to Fanatics, sales of Team USA hockey merchandise spiked over 500 percent through last Friday since the U.S. Women’s Hockey team’s victory over Canada.
Chums & Beyond Coastal Hire New E-Commerce Director
Chums, the travel and active lifestyle accessory producer, and sister brand Beyond Coastal, the sun care product manufacturer, announced the hire of Susie Tew as e-commerced director at the companies’ Salt Lake City office.
Hibbett Sports’ Q4 Easily Beats Plan
Hibbett Sports Inc. reported fourth-quarter earnings will come in well above Wall Street’s targets as the retailer showed its first comp gain since the third quarter of 2017.
Perry Ellis Authorizes Special Committee To Evaluate George Feldenkreis Proposal
Perry Ellis International announced its board of directors has authorized a special committee of independent directors to evaluate the February 6, 2018, proposal from George Feldenkreis to acquire all of the outstanding common shares of Perry Ellis not already beneficially owned by Feldenkreis.
New Balance Signs FC Nantes
New Balance has agreed to replace Umbro as the kit provider of FC Nantes, the French soccer club, starting from the 2018/19 season.
