SGB Update Sports & Fitness
Marcato Releases Investor Presentation To Deckers Stockholders
Marcato Capital Management LP, which is seeking to replace Deckers entire board with its own candidates at the company’s upcoming annual meeting, released a detailed presentation promoting its plan to drive long-term stockholder value at Deckers.
Jordan Brand To Sponsor French Basketball Federation
Jordan Brand has signed on as the official uniform supplier of the French Basketball Federation. The brand will outfit the organization’s men’s and women‘s senior, 3×3 and youth teams.
Titleist Ball Plant 3 Opens Its Doors For Manufacturing Tours
Starting this month, Titleist is offering golfers the opportunity to visit the center of Titleist golf ball technology – Titleist Ball Plant 3 in New Bedford, MA – and witness firsthand the making of the No. 1 ball in golf.
Acushnet Shareholder To Sell Shares
Acushnet Holdings Corp announced the commencement of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd.
Gatorade To Sponsor Manchester City
Manchester City agreed a multi-year partnership making Gatorade the Club’s Official Sports Nutrition Partner.
Topo Athletic Welcomes William Manzer To Board Of Directors
Topo Athletic, the running and fitness footwear brand, appointed William Manzer to its Board of Directors.
Yaktrax And TriggerPoint Sign Winter Olympics Hopeful
Two of Implus’ specialty brands, Yaktrax and TriggerPoint, announced their partnership with accomplished athlete and 2018 Olympic hopeful, Winter Vinecki.
LAX World Shutters All Locations
LAX World has vacated its headquarters in Cockeysville, MD. and shuttered all 16 of its locations, according to a report from The Baltimore Sun.
Athleta Gives GiftNow A Place In Stores
Athleta has partnered with Loop Commerce go live with GiftNow, a technology and service that allows consumers to select a specific item and send it online.
Perry Ellis CFO Leaves Company
Perry Ellis International announced that David Rattner will be leaving the company, effective immediately, to pursue other opportunities.
Deckers Sets Action To Resolve Marcato Lawsuit
Deckers Brands announced that its Board of Directors has taken the actions to address and deem resolved a lawsuit filed by an affiliate of Marcato Capital Management LP, the activist shareholder that’s seeking to replace Deckers board with its own candidates.
J. C. Penney’s Comps Improve 1.7 Percent In Q3
J. C. Penney Company Inc. reported net sales decreased 1.8 percent to $2.81 billion in the third quarter compared to $2.86 billion in the same period last year, primarily the result of the 139 stores closed this year
Mizuno’s Profits Bounce Back In Six Months
Mizuno Corp. reported strong profit improvement in the six months through September 30 despite a modest sales decline. The Americas sharply reduced its loss despite high inventories in the marketplace that pressured sales.
Former Adidas Official Indicted In College Bribery Scandal
A federal grand jury in New York handed down an indictment against former Adidas executive Jim Gatto after accusing him of conspiring to funnel money to the families of two University of Louisville basketball recruits as part of a federal probe into college basketball recruiting.
Adidas to Open ‘World Class’ Los Angeles Office in 2018
The new space creates a home base for the brand’s employees in LA across sales, entertainment and influencer marketing, teams driving editorial and social and the key cities team.
