SGB Update Sports & Fitness

Feetures Expands Offerings With Lifestyle Collection
The lifestyle collection will include a variety of styles for women and men, and will offer the signiture targeted compression and seamless toe features that helped elevate the brand.

ISPO Shanghai 2017 Sees 22 Percent Hike In Exhibitors
ISPO Shanghai 2017, being held from July 6 to 8, will have 572 exhibiting companies, representing a 22 percent increase compared with 2016.

Target Launching New Athleisure Brand
Target is planning on introducing a new active apparel brand, JoyLab, this fall.

Arctic Cool Sees Strong First Year
Arctic Cool, the cooling apparel start-up, said it has sold over 100,000 shirts since its launch on June 6, 2016.

Iconix Reduces Debt By $362 Million With Entertainment Segment Sale
Iconix Brand Group Inc. announced a substantial reduction of its debt in conjunction with the completion of the previously reported sale of its entertainment segment for $345 million in cash, subject to customary working capital adjustments.

Fourth of July Races Experience Record-Setting Growth in 2016
For the second year in a row, finisher numbers for Fourth of July races increased, ranking the holiday as the second most popular among runners in 2016, sitting only behind Thanksgiving, according to Running USA.

Russell Athletic To Lose Southern Miss
The University of Southern Mississippi is planning on exiting its agreement with Russell Athletics next year, according to a report in the Hattiesburg American.

Helly Hansen’s 2016 Revenues Expand 6.4 Percent
Helly Hansen reported revenues in 2016 grew 6.4 percent to NOK 2.66 billion ($318 mm) despite reducing the product line by 25 percent. Organic revenue growth came to 4 percent.

Adidas Creates Women Artists UltraBOOST X Series
Adidas and Refinery29 is partnering with celebrated female artists to create one-of-a-kind pairs of UltraBOOST X representing all 50 states.

Nike Sues Rob Gronkowski
Nike filed a formal opposition to the USPTO Trial & Appeal Board, asserting a logo of New England Patriots tight end Rob Gronkowski’s company, Gronk Nation LLC, looks similar to the Air Jordan “Jumpman” logo that has been in use since November 1987, ESPN reports.

Puma Invests In Canadian Business
Puma announced a future reorganization of the Canadian business and a further investment into the growing Canadian market. The brand plans to centralize their operations for a more efficient approach.

Nike Partners With Tottenham Hotspur Football Club
As official kit supplier, the agreement entails outfitting the men’s, women’s and academy squads as well as coaching staff and Tottenham Hotspur Foundation representatives.

TriggerPoint Establishes Clinical Advisory Board
TriggerPoint will use the advisory board to drive further efficacy in the clinical market through the development of products and education designed for practicing therapists and clinicians.

SFIA Applauds USTR Decision To Expand GSP Tariff Benefits
The new agreement will eliminate duties of up to 17 percent on backpacks, sports bags and certain golf bags made in GSP countries.

Memorable Fourth Of July Moments In Sports
Lou Gehrig, Jack Johnson, Nolan Ryan, Phil Niekro, John McEnroe and Richard Petty all made history on the Fourth of July with milestone achievements.