SGB Update Sports & Fitness
GoPro Adds Board Member
Susan Lyne is the founder and president of AOL-backed investment fund BBG Ventures and former president of ABC Entertainment.
Ping Acquires Nike Golf Patents
Nike has sold five golf equipment patents to Karsten Manufacturing Corp., the parent of the Ping golf brand, according to a report from the Portland Business Journal.
Hibbett Slashes Guidance On Weak First Quarter
Hibbett Sports slashed its full-year guidance by 30 cents a share as first-quarter same-store sales are expected to decline between 4 percent and 5 percent.
Newton Running’s Danny Abshire’s Exits In Reorganization
Newton Running’s co-founder Danny Abshire has exited the company and Jerry Lee, the company’s other co-founder and original investor, has returned as the firm’s company’s CEO and primary shareholder as part of a reorganization.
Deckers Brands Announces Review Of Strategic Alternatives
Deckers Brands announced it’s exploring a broad range of strategic alternatives, including a sale.
Vibram To Launch Blue Carrarmato Sole At Struktur
Vibram’s new Footwear Customization Lab will be on hand providing all of the event’s attendees with a complimentary blue Carrarmato resole celebrating the 80th anniversary of the design.
Injinji Launches Redesigned Website
The company behind the Original Performance Toesock revealed its new site, a collaboration with San Diego marketing agency Digital Operative, along with two new product lines.
DonJoy Performance Signs Brandon Ingram
As an ambassador, Ingram will promote the use of braces and support sleeves for injury prevention and recovery.
Americas Drives Puma’s Q1 Growth
“Retailers ordered more because they needed more which has not been the case for a long time at Puma,” Bjørn Gulden, CEO of Puma SE, said on a conference call with journalists.
Title Nine Launches New E-Commerce Site
The upgraded site includes enhanced content on each product page, an improved checkout flow in all channels and an engaging mobile experience for Title Nine shoppers.
Nike Women’s Executive Joins Digimarc
Aimee Arana, formerly vice president and general manager of the North America Women’s Division at Nike, has joined Digimarc Corp. as executive vice president of sales and business development.
Callaway Golf Appoints Interim CFO
Callaway Golf Company announced today that Robert K. Julian has left the Company and that it has appointed Brian P. Lynch, its general counsel, to the additional role of interim chief financial officer.
New Balance To Sponsor Fastpitch Organization
New Balance will become the title sponsor of the National Fastpitch Coaches Association (NFCA) Golden Shoe Award.
Puma’s Q1 Earnings Leap
Puma reported operating earnings rose 70 percent on a 15 percent revenue gain on a currency-neutral basis.
Xero Shoes Launches Equity Crowdfunding Campaign
Xero Shoes has launched an equity crowdfunding campaign to raise up to $3 million. According to a filing with the Securities & Exchange Commission, the minimal shoe maker is looking to sell 750,000 shares of its stock at $4 a share.
