SGB Update Sports & Fitness

Milstein Family Invests In Miura Golf

Howard Milstein and the Milstein family have acquired a majority interest in the rights to distribute Miura Golf equipment domestically and in key markets worldwide. Hoyt McGarity, founder and CEO of club-fitting company True Spec, has been brought in as president.

PowerBilt Sold By Hillerich & Bradsby

Hillerich & Bradsby Co. has sold PowerBilt, the golf equipment and accessories brand, to Powerbilt Holdings LLC, a joint venture between Hilco Streambank and CEO of One Step Up Apparel.

President Trump Signs Order To Withdraw From Trans-Pacific Partnership

On his fourth day in office, President Trump signed an executive order formally withdrawing the U.S. from the Trans-Pacific Partnership (TPP) trade deal. Fulfilling a campaign pledge, the Republican had said the trade deal would have damaged U.S. manufacturing.

Blink Fitness Expands To Philadelphia

The value-based fitness club plans to reach 300 locations in the next five years through corporate-owned expansion as well as franchise growth.

Adidas CEO Not Concerned About Trump Administration

In an interview with CNBC at the World Economic Forum in Davos , Kasper Rorsted, Adidas’ CEO, said he remained “extremely optimistic” about the company’s growth prospects in the U.S. despite concerns over changes coming with the Trump administration.

Nike And Patagonia Recognized For Combatting Waste

Nike was honored for its efforts on material efficiency and waste reduction, while Patagonia for its long track record of sustainable innovation and its ‘Worn Wear’ initiative.

Nike Golf Signs Six European Players

Six European golf athletes, including eight-time European Tour winner Alex Noren and European Ryder Cup star Thomas Pieters, have joined the Nike Golf team.