SGB Update Sports & Fitness

Hydro Flask Drives Helen of Troy Q1 Gains

Helen of Troy Ltd. reported sales rose 3.4 percent in its first quarter. The gains were led by 16.3 percent gain its its Housewares segment, including growth in both Hydro Flask and OXO.

Nevco Sports Secures Investment

Nevco Sports, a leading manufacturer of customized sports scoreboards, integrated LED video boards, electronic display signs, sound systems, and related accessories, has secured an investment from Dominus Capital.

Lids Ending Chicago Cubs Deal

Lids Sports Group is not renewing its license agreement with the Chicago Cubs to operate Cubs Clubhouse stores.

Foot Locker Loses Appeal In Pension Dispute

Foot Locker Inc. has to pay higher pension benefits to correct payouts related to the conversion of the company’s pension plan in 1996 to a defined benefit plan with a cash balance formula. A federal appeals court ruled that the retirement plan change that amounted to an impermissible and undisclosed benefit freeze, according to Bloomberg. […]

Nuun Partners With Flywheel Sports

Nuun will be providing hydration solutions to members of Flywheel Sports, the indoor cycling boutique, during the two weeks of the Tour de France.

Jawbone Undergoing Liquidation

Jawbone, one of the early fitness wearables once valued at $3 billion, has begun liquidation proceedings, according to a report in The Information.