SGB Update Sports & Fitness

Under Armour Appoints Chief Innovation Officer
Clay Dean joins Under Armour after more than 20 years of success at General Motors (GM), most recently leading GM’s Global Advanced Design organization.

Rawlings To Sponsor World Baseball Classic
Rawlings Sporting Goods Company Inc., a subsidiary of Newell Brands, signed on as sponsor and supporter of the World Baseball Classic (WBC).

Buff Diversifies Run And Outdoor Accessories
The performance headwear brand launched new UV Arm Sleeves and a lightweight UV Cap to bring its run and outdoor accessories to a broader market.

Hibbett Sport’s Q4 Earnings Drop 30 Percent
Jeff Rosenthal, president and chief executive officer, stated, “Results did not meet our expectations for the quarter, although we were pleased with continued strength in our footwear business.”

Genesco Sees Slight Gain In Q4 Earnings
Robert J. Dennis, chairman, president and chief executive officer of Genesco, said, “Fourth quarter EPS came in above last year’s levels and above expectations fueled in large part by better holiday selling than anticipated for most of our businesses.”
Dorel Sports Revenues Slump In Q4
The quarter’s revenue decline was due primarily to the change in North American CSG dealers’ purchasing habits to reduce their inventory prior to the cycling season.

VF/Majestic MLB Workers Hold Rally In Philadelphia
The rally comes amid expected changes as Under Armour replaces Majestic Athletic as the MLB’s uniform provider starting in 2020.
Reebok Opening Fitness Showrooms
Reebok is opening showrooms in cities that also offer ample spaces for fitness classes.
Tough Mudder Continues Global Expansion With ESPN
Tough Mudder, Inc. announceD global expansion deals with ESPN Media Distribution and Sports Media and Entertainment 360 (SME360) that furthers the brand’s global content reach and geographic event footprint.

Cercacor Signs Ironman Champ Ben Hoffman
Hoffman will share his experiences using the company’s Ember hemoglobin tracker through social media, his and Cercacor’s websites, videos and limited appearances.

Rally Health Teams Up With Celebs To Host Fitness Rally
The San Francisco Rally HealthFest will feature fitness activities such as yoga and boot camps, cycling classes and an interactive kids’ zone.

USA Volleyball Renews VERT Partnership
VERT will continue as a USA Volleyball Official Supplier for Performance Wearable Technology through 2020.

CriticalPoint Capital Confirms JackRabbit Acquisition
In partnership with management, CriticalPoint will support JackRabbit’s continued organic growth strategy, as well as provide the company with additional capital to pursue future acquisitions, which is expected to result in market share gains in the years ahead.

Under Armour Announces UA Mountain Running Series
The running series reaches Oregon’s Mt. Bachelor, Killington in Vermont and Copper Mountain in Colorado.
Fanatics Partners With America’s Cup
Fanatics announced a partnership with the America’s Cup as the exclusive supplier of global e-commerce for this year’s event.