SGB Update Sports & Fitness
Study Finds CTE In 99 Percent Of Former NFL Players Studied
The study, from researchers at Boston University, found CTE in 99 percent of brains obtained from National Football League (NFL) players, as well at 91 percent of college football players and 21 percent of high school football players.
NormaTec Partners With Boston Red Sox
The Boston Red Sox have upgraded their sports performance space at Fenway Park to include a Recovery Room Powered by NormaTec.
Fanatics Partners With Kansas City Chiefs
The Kansas City Chiefs announced a new long-term partnership with Fanatics to update and expand the team’s e-commerce platform.
Hibbett Launches E-Commerce
Said Jeff Rosenthal, CEO, Hibbett. “We knew that taking Hibbett online was our next step and we tapped into digital experts from inside and outside of our industry, to help us build a world-class e-commerce site with all the bells and whistles and the latest technological features to provide a great Hibbett brand experience, 24/7.”
Luxottica’s Revenues Expand 4.2 Percent In First Half
Luxottica Group S.p.A.’s net sales grew by 4.2 percent in the first half to €4.72 billion and gained 1.8 percent at constant exchange rates.
Mavic Expands Tour de France Sponsorship
Mavic renewed its long-term partnership of the Tour de France through 2022.
VF’s Chairman Eric Wiseman To Retire
VF Corp. announced that Eric C. Wiseman will retire as executive chairman of the board and as a director of VF Corporation effective October 28, 2017.
OS1st Appoints President
ING Source has named Josh Higgins as the new president of the sports and medical compression bracing company that makes and markets OS1st Base Layer Bracing products.
Nike Announces Results Of The Active Schools Innovation Award
Through a joint effort with the National Elementary and Secondary School Sports Education Steering Committee and the China Education Development Foundation, Nike announced the results for Nike’s Active Schools Innovation Award Sunday evening at the Water Cube National Swimming Center in Beijing.
KKR To Acquire Majority Control Of The Nature’s Bounty
The Carlyle Group announced that it is selling majority control of The Nature’s Bounty Co., the manufacturer of health and wellness products, to KKR.
Hibbett Sees Q2 Loss On Steep Comp Decline
Hibbett Sports said that based on “very challenging sales trends”, comparable store sales are expected to decrease approximately 10 percent for the second quarter ending July 29.
VF Raises Outlook After Q2 Earnings Beat
VF Corp. reported earnings declined in the second quarter but exceeded expectations, prompting the parent of The North Face, Timberland and Vans to raise its guidance for the year.
Pensole Adds Functional Apparel Design To Its Curriculum
Former Jordan Brand apparel design director Angela Medlin has been tapped to establish the new program.
Academy Undergoes Layoffs
Academy Sports + Outdoors has laid off approximately 100 employees from its corporate office in Katy, TX, according to an e-mailed statement.
Report: CCM Hockey To Be Sold To PE Firm
Adidas reached an agreement to sell CCM Hockey for approximately $100 million to Canadian private equity firm Birch Hill Equity Partners, according to the New York Post.
