SGB Update Sports & Fitness
ADA & NBS Fall Athletic Market In Oklahoma City Draws Crowd
The joint event saw over 100 team dealers from the two team buying groups in attendance.
Skechers Appoints CFO
Skechers USA Inc. announced that the company has hired John Vandemore to serve as chief financial officer. This expansion of the Skechers executive team will allow David Weinberg, who had been filling both CFO and COO roles, to focus more attention on the company’s operations
TSG Consumer Partners Completes Investment In Nuun
TSG Consumer Partners (TSG), a private equity firm focused exclusively on the branded consumer sector, has acquired a minority stake in Nuun and Company.
Merrell Makes Key Leadership Appointments
Merrell announced the appointment of Strick Walker to the position of chief marketing officer and Johanna Koeberle to senior product director, Active Lifestyle. Walker was formerly at Patagonia and Koeberle worked for Keen.
Mickey Drexler Becomes Executive Chairman Of Outdoor Voices
Mickey Drexler, the former CEO of J. Crew, has become executive chairman of Outdoor Voices, the athleisure upstart.
Unifi Announces Goal to Recycle 20 Billion by 2020
In honor of America Recycles Day, Unifi Inc., the specialist in branded recycled performance fibers, announced the company has recycled more than 10 billion plastic bottles. Building from that momentum, Unifi is targeting 20 billion bottles recycled by 2020 and 30 billion bottles by 2022.
Fila Korea Returns To Black In Q3
Fila Korea reported a profit against a loss in the third quarter, benefiting from acquiring control of Acushnet Holdings, the parent of Titleist and FootJoy.
ISPO Expands Its International Network
Following the new brand mission—to boost sports worldwide, bolster people’s enthusiasm and offer customers added value -ISPO is expanding its international network in the context of ISPO Academy with the addition of Brazil and India.
More Than 164 Million Consumers Plan To Shop Over Thanksgiving Weekend And Cyber Monday
The annual National Retail Federation survey finds that of those considering shopping the long holiday weekend, the survey found that 20 percent plan to shop on Thanksgiving Day (32 million) but Black Friday will remain the busiest day with 70 percent planning to shop then (115 million).
UCLA Anderson School Of Management Honors Kevin Plank
UCLA Anderson School of Management honored Under Armour founder, chairman and CEO Kevin Plank Monday with the 2017 John Wooden Global Leadership Award at a gala dinner at UCLA’s Pauley Pavilion.
Dick’s Names New Chief Technology Officer
Dick’s Sporting Goods named Paul Gaffney, formerly at Home Depot, as chief technology officer.
Dick’s Q3 Tops Target, Provides Conservative 2018 Outlook
Dick’s Sporting Goods reported third-quarter earnings that topped guidance but warned that 2018 earnings could decline by as much as 20 percent due to continued gross margin pressure, expected flat comps and ongoing investments.
Acushnet Prices Secondary Offering
Acushnet Holdings Corp. announced the pricing of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd. at a public offering price of $17.00 per share.
Adidas Reveals Official Match Ball 2018 FIFA World Cup
The Telstar 18 is a reimagining of the first Adidas FIFA World Cup match ball, the Telstar, used at the 1970 tournament in Mexico and will be the first World Cup ball to feature a NFC chip to enable consumers to interact with the ball using a smartphone.
Yue Yuen Profits Climb 4.5 Percent In Nine Months
Yue Yuen Industrial Limited reported recorded revenue of $6.72 billion in the nine months ended September 30, 2017, representing 6.7 percent growth.
