SGB Update Sports & Fitness
Trump Declares May National Physical Fitness And Sports Month
Continuing an annual tradition, the Trump Administration declared May National Physical Fitness and Sports Month. In a proclamation, President Donald Trump committed to “celebrating active lifestyles, promoting physical fitness, and tackling public health issues together by making healthier choices.”
Outdoor Retailer Parent Completes IPO
Emerald Expositions Events Inc., the parent of Outdoor Retailer, Surf Expo and Interbike, announced the pricing of its initial public offering of 15.5 million shares at a price to the public of $17.00 per share.
Nautilus Q1 Earnings Sink
The marketer, developer and manufacturer of home fitness equipment reported first-quarter earnings declined due to challenging year-ago comparisons, but both sales and earnings were in line with guidance.
Dick’s Opens 36 Golf Galaxy Stores In Former Golfsmith Locations
Dick’s Sporting Goods, the owner and operator of Golf Galaxy, will open 36 new Golf Galaxy stores this weekend in former Golfsmith properties acquired by Dick’s.
UFC Gym Opens Phoenix Area Location
UFC Gym will open its new gym in the Ahwatukee neighborhood of Phoenix on Thursday, May 4.
New Balance To Sponsor London Marathon
New Balance will replace Adidas as the official shoe and kit sponsor of the Virgin Money London Marathon in a new long term agreement.
RYU Apparel Shows Revenue Gains In Q1
First quarter revenue of $467,003 compared with $259,727 in the same period in fiscal 2016.
Oiselle Unveils Fabric Waste Reduction Program
Fabric Forward puts excess, first-quality fabrics back into the sewing line, within new designs, to help reduce waste.
Spy Names Digital Director, Launches New Website
John Gilson joins Spy with experience developing and implementing online strategies that leverage an omni-channel approach tying together web, social and retail components.
VF Corp. Completes Sale of Licensed Sports Group To Fanatics
VF Corporation has completed the sale of its Licensed Sports Group (LSG) business to Fanatics, Inc.
Nike, Under Armour, Adidas Reject Lonzo Ball Deal
Nike, Under Armour and Adidas have all told ESPN that they have no interest in signing Lonzo Ball, a potential top pick in the upcoming NBA Draft, to an endorsement deal.
Adidas Signs Top NFL Draft Pick
Adidas signed an endorsement deal with Myles Garrett, the top pick by the Cleveland Browns in the NFL draft.
New Era Supports Local Communities On Draft Day
At New Era Cap headquarters in downtown Buffalo on April 29, Big Brothers Big Sisters of Erie County and Buffalo Bills legend Steve Tasker announced the team’s selections for rounds five and six.
Hydro Flask’s Sales Expand 7.6 In The First Quarter
“We are very pleased with the performance of Hydro Flask, which has exceeded our expectations and further diversified our portfolio,” said Julien Mininberg, CEO of Helen of Troy on a conference call with analysts.
Nike Partners With Penn Relays
Nike becomes the exclusive athletic footwear and apparel supplier and sponsor of the Penn Relays through the 2020 Olympiad.
