SGB Update Sports & Fitness
KT Tape Signs Rising Soccer Star Rose Lavelle
KT Tape, category leader in kinesiology taping products, announced the signing of soccer player Rose Lavelle as an athlete ambassador.
Mizuno’s America’s Q3 Sales Dip 9.3 Percent
Mizuno Corp. reported sales in Americas continued to decline in the third quarter and nine months ended December 31 as the focus remains on improving profitability in the region.
TRX Hires VP International
TRX, the developer of functional training equipment, education and technology, announced Olivier Ciaravino as vice president, international.
Peloton To Live-Stream From PyeongChang
NBC Olympics and Peloton, the in-home fitness and technology company, are live streaming indoor cycling classes from NBC Olympics’ broadcast studio in PyeongChang, South Korea, during the XXIII Olympic Winter Games.
Dick’s Announces Grand Opening Of Four Stores In February
Stores will open in Evansville, IN; Baxter, MN; Santa Maria, CA; and Warwick, RI.
HanesBrands Revenues Climb 4 Percent in Q4
HanesBrands reported fourth-quarter net sales increased 4 percent to $1.645 billion. Organic sales, which exclude acquisitions under a year old, increased 2 percent in constant currency in the fourth quarter, the second consecutive quarter of organic growth. Champion sales were up 15 percent.
Vista Outdoor Q3 Profitability Slides Before Special Items
Vista Outdoor Inc. reported earnings before special items fell in the third quarter ended December 31 as sales slid 11 percent.
Amer Sports Sees 4 Percent Q4 Revenue Growth
Amer Sports reported operating earnings in the fourth quarter before special items rose 13.9 percent as revenues grew 9.0 percent on a currency-neutral basis. The gains were led by the Fitness segment, up 12 percent, and Outdoor, 11 percent. Ball Sports inched up 1 percent.
Mizuno Sees Profits Rebound In Nine Months
Mizuno Corp. reported a significant improvement in earnings in the nine months ended December 31 with the help of lower operating expenses and improved margins. Sales dipped 1.6 percent with sales in the Americas region off 9.8 percent.
Off Broadway Shoe Warehouse Launches Puma Shop
Off Broadway Shoe Warehouse has launched the Puma Shop – a concept that is exclusively available at the footwear retailer’s Los Angeles location.
Puma Partners With Senegal Football
Puma and the Senegalese Football Association mutually announced a long-term agreement that will see the “Lions of Teranga” outfitted in the Puma brand beyond the 2018 FIFA World Cup in Russia.
Garmin And Navico Resolve Patent Disputes
Garmin International, Inc., a unit of Garmin Ltd. and Navico, parent company to the Lowrance, Simrad and B&G brands, announced that they have ended a three-year-long dispute relating to sonar and auto guidance patents.
Callaway Golf’s Q4 Revenues Climb 17 Percent
Callaway Golf Company reported slightly widened its loss in the fourth quarter but it was better than the company’s guidance. Sales expanded 17 percent due to continued success of the EPIC driver and fairway woods and the acquisitions of OGIO and TravisMathew.
New Balance Launches “Fearlessly Independent Since 1906” Campaign
New Balance announced the launch of Fearlessly Independent Since 1906 – its new inspirational global brand communication platform that reflects the heritage and non-conventional values of the global sports company. New Balance ambassadors including Francisco Lindor, Rose Lavelle, Paul Rabil, Jurgen Klopp, Brenda Martinez and PJ Ladd are in the campaign.
Gold’s Gym Continues To Expand
Gold’s Gym plans to expand in Europe, China and Qatar as domestic franchise development also targets another 25 gyms in the U.S. across hot markets including Tampa; Orlando; Minneapolis; San Jose, Calif.; Atlanta and the New York metro area.
