SGB Update Sports & Fitness

Adidas Collaborates With Siemens On Digital Manufacturing

As part of a joint research and development program, the partners will be working to drive forward the digitalization of the Adidas Speedfactory to ultimately develop capabilities for fast, transparent and individualized production.

Outdoor Foundation Reports Increase In Outdoor Participation

Nearly half of all Americans, 48.6 percent of the population ages six and up, participated in at least one outdoor recreational activity in 2016, according to the Outdoor Foundation’s 2017 Outdoor Recreation Participation Topline Report.

Asics America Recognized For Sustainability Efforts

Asics America Corp. has been awarded the U.S. Environmental Protection Agency’s (EPA’s) Energy Star, which signifies that the building performs to the top 25 percent of similar facilities nationwide for energy efficiency and meets strict energy efficiency performance levels set by the EPA.

International Momentum Helps Skechers Beat Plan

Said David Weinberg, EVP, COO and CFO, on the domestic wholesale channel, “While we are cautious due to the closing of numerous stores in 2016 and again, in the first quarter of 2017, we remain optimistic and poised to move quickly to fulfill consumer demands in our dedicated wholesale accounts.”

Eastern Outfitters Gains Bankruptcy Approval Of Sale To Sports Direct

Marking its entry into U.S. retailing, Sports Direct , the U.K.’s largest sporting goods chain, officially announced that it received approval to acquire Eastern Outfitters, the parent of Bob’s Stores and Eastern Mountain Sports, in a bankruptcy sale for $101 million in cash.

Escalade’s Q1 Earnings And Sales Decline

Stated Dave Fetherman, president and chief executive officer of Escalade Inc., “Consumer buying preferences continue to shift to on-line purchasing. Our focus on this consumer shift over the last few years puts us in great position to support our e-commerce and brick-and-mortar retail partners.”