SGB Update Sports & Fitness
Pop Warner Partners With Dick’s Sporting Goods
Under the new partnership, Dick’s becomes the Official Sporting Goods Retailer, Official Football Uniform Provider, Official League Registration Provider, Official National Data Center Provider and Official Technology Provider of Pop Warner and its teams, squads and participants.
Silk Therapeutics Closes Equity Financing
Silk Therapeutics, Inc., a specialty biomaterials company, announced the closing of an $11 million Series A3 financing.
VERT Adds More Volleyball Programs
VERT, a specialist in performance technology, announced eight more premier NCAA women’s volleyball clients – Georgia Tech Yellow Jackets, Northwestern University Wildcats, Purdue University Boilermakers, Baylor University, University of Arkansas, Quinnipiac University, Fordham University Rams and Limestone College Saints.
RECALL: Dick’s Resistance Tubes
Dick’s Sporting Goods is recalling more than 200,000 Fitness Gear resistance bands products due to risk of injury.
Fitbit Selected to Participate in FDA’s New Digital Health Software Precertification Pilot Program
Fitbit announced that it has been selected as one of nine companies that will participate in the U.S. Food and Drug Administration’s (FDA) new digital health software precertification pilot program.
Callaway Golf Extends Partnership With Phil Mickelson
The signing means the five-time major champion will play Callaway equipment for the remainder of his competitive playing career.
Nike’s Q1 Profits Slide
Nike reported earnings slumped 23.9 percent in the first quarter ended August 31 due to flat sales, eroding gross margins and expenses to cover workforce reductions as part of its Consumer Direct Offense. Earnings still came in 9 cents ahead of Wall Street’s consensus target.
Adidas Sports Marketing Head Arrested On Bribery Charges
Jim Gatto, the director of global sports marketing at Adidas, was arrested by the FBI as part of a bribery scheme. Gatto was charged with paying elite high school basketball players and their families up to six-figure sums to go to Adidas-affiliated colleges with promises to later sign with Adidas if they turned pro.
Bill Murray’s Golf Line Gains Andy Roddick, Brooklyn Decker And More As Investors
The lifestyle and apparel brand launched by Bill Murray and his brothers announced an investment round that included a lineup of high-profile individuals from sports, entertainment, music and fashion.
ISPO Munich 2017 Draws Record Attendance
More than 86,000 visitors and 2,732 exhibitors attended ISPO Munich 2017, which took place from February 2 to 5.
Power Plate Achieves NEAT Certification
Power Plate announced it has obtained NEAT certification for its entire product line.
Deloitte Expects Holiday Sales To Increase 4 To 4.5 Percent
Retail holiday sales should rise a healthy 4 to 4.5 percent over last year’s shopping season, according to Deloitte’s annual retail holiday sales forecast.
Tough Mudder To Deliver Live Event On Facebook’s Watch Platform
Tough Mudder Inc. has partnered with Facebook to deliver original, live event sports and fitness programming on Watch, Facebook’s new platform for shows.
Nike Recasts Segment Financials In Connection With Consumer Direct Offense
Nike furnished changes to its financial disclosures in connection with its new reportable operating segments as part of its Consumer Direct Offense. The company also indicated that it will stop reporting Future Orders beginning in its first quarter.
Nike Sides With NFL Players In Protest Dispute
Nike came out in support of the players’ right to protest in the public showdown between President Trump and players who refuse to stand during “The Star-Spangled Banner.” Nike became the first NFL sponsor to take a side in the controversy.
