SGB Update Sports & Fitness
361 Degrees’ Sales Climb 10 Percent In First Half
361 Degrees International Limited reported earnings in the first half rose 16.5 percent on a 9.5 percent sales gain.
Modell’s To Open 2nd Store On 125th Street
Modell’s Sporting Goods on August 24 will open its second location on 125th Street in Harlem. This will bring Modell’s total store count to 159 locations.
Adidas To Sponsor Georgia Tech
Adidas reached an agreement to replace Russell Athletic as the endorser of Georgia Tech.
New Balance Wins Infringement Lawsuit In China
New Balance won $1.5 million in damages and legal costs after a Chinese court ruled that three Chinese manufacturers infringed on the Boston-based company’s signature slanting “N” logo, according to The New York Times.
Outdoor Participation Rate Reaches 48.8 Percent
The Outdoor Foundation’s newly-released Outdoor Recreation Participation Report covering 114 different outdoor activities found two million more people participated in the outdoors in 2016 versus 2015. Twenty-one percent of outdoor enthusiasts participated in outdoor activities at least twice per week and the South Atlantic was the most active region.
ClassPass Unveils Plans For North America Expansion
ClassPass will be available in New Orleans, Pittsburgh and San Antonio as early as September, and seven additional markets will launch by early 2018.
Orangetheory Fitness Opens New Boca Raton Headquarters
Originally based in Fort Lauderdale, the company’s relocation was fueled by its growth and success, achieving a 108 percent increase in system-wide sales and a 19.3 percent increase in same-store sales in 2016 alone.
Cascade Lacrosse Sponsors National Prospect Elite 80
Cascade, a head protection manufacturer in lacrosse, announced the sponsorship of the National Prospect Elite 80.
Dick’s Sporting Goods Donates $500000 To Little League Programs
The Dick’s Sporting Goods Foundation’s Sports Matter program announced a five-year, $500,000 commitment to Little League Baseball and Softball, in support of its local districts and leagues across the country.
Nike’s CEO Condemns Racism In Companywide E-Mail
Nike Inc. CEO Mark Parker sent an e-mail to employees on Thursday night condemning the racism, bigotry and fatal violence displayed in Charlottesville, VA.
Report Finds Participants Benefit From Girls On The Run
A recent independent study, conducted by Maureen R. Weiss, Ph.D., a leading expert on youth development, showed that the program is highly effective at driving transformative and lasting change in the lives of third to fifth grade girls.
Hibbett Sports Cuts Outlook After Double-Digit Q2 Comp Sales Decline
Posts loss in the second quarter as net sales decrease 9.2 percent to $188 million and comparable store sales decrease 11.7 percent in the period.
Foot Locker Inc. Posts Ugly Q2 Results As Comps Fall 6 Percent
Total sales decreased 4.4 percent to $1.7 billion in the quarter ended July 29, 2017.
Burley Promotes Martinez To Sales Manager
Martinez brings more than two years of Burley experience, most recently as the key account manager.
U.S. E-Comm Sales Surge 16.3 Percent In Second Quarter
According to data from SSI Data, the internet delivered 16.5 percent of active lifestyle product sales generated in the calendar second quarter of 2017, up from 15.8 percent in Q2 2016.
