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.

Virgin Sport Launches Sports Festivals
Virgin Sport is launching four festivals of sport in the U.K. and U.S.

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.

NikeLab Collaborates With Jun Takahashi On Winter Boot
The Nike x Undercover SFB Jungle Dunk balances the designer’s aesthetic with winter-ready design features and the basketball, skateboarding and street heritage of the shoe.
FDRA Expresses Disappointment In U.S. Withdrawal From TPP
The FDRA called the the U.S. Withdrawal from TPP a “significant lost opportunity for American footwear consumers and businesses.”
Perry Ellis Enters Distribution Agreements For Nike Swim In Latin America
The offering of swim apparel and swim accessories is launching now with sporting goods retailers, department stores and swim specialty shops as well as select e-commerce channels.

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.

Nautilus Inc. Promotes Executive Staff For Innovation And Direct
Rob Murdock was promoted to senior vice president of innovation, while Brian Pope has been named vice president and general manager of direct.
ACT Labs Hires Engineer From SRAM
ACT Labs hired Cory Sutela to oversee engineering for the third-party testing lab group.
Antigua Hires Sales Rep For Southern California
Chris Alcocer is a Southern California native and graduate of UCLA with 22 years in the golf Industry.

Elite Sportswear Enters Merger With Victory Team Apparel
Victory Team Apparel will add to Elite’s current portfolio of GK Branded Gymnastics and All-Star Cheer lines, Under Armour Gymnastics and Sideline Cheer, as well as the Dolfin Swimwear brand.

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.