SGB Update Sports & Fitness

VF Corp. Adds To Board Of Directors

The branded lifestyle apparel, footwear and accessories company elected Carol L. Roberts and Benno Dorer as board directors, effective February 14, 2017.

Plank Pens Open Letter Responding To Trump Backlash

In a full-page advertisement in The Baltimore Sun, Kevin Plank, Under Armour’s CEO, responded to the uproar the company has faced after his comments last week praising President Donald Trump.

NRF Sees Imports Picking Up

Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

MC Sports Files For Bankruptcy

MC Sports, the Michigan-based sporting goods chain, filed for Chapter 11 bankruptcy Tuesday. The company is moving to hold liquidation sales at all of its 68 locations, but will use the reorganization to seek a rushed alternative funding or to find a buyer that might keep the stores open.

Shimano Sees Earnings Drop In 2016

Sales in 2016 slid 14.7 percent to ¥323 billion, with a 17.4 percent slide in its Bicycle Components segment and 1.7 percent slip in its Fishing Tackle segment.

Report: Under Armour To Sponsor Real Madrid

Under Armour is reportedly in negotiations to replace Adidas as the kit provider for Real Madrid in what would rank as the highest-value sponsorship deal in the world.

Dick’s Hikes Quarterly Dividend By 12 Percent

Dick’s Sporting Goods Inc.’s board of directors authorized and declared a quarterly dividend of 17 cents per share on the company’s common stock and class B common stock.

Baseball America Sold

An ownership group led by Alliance Baseball, LLC, completed its purchase of Baseball America, from TEN: The Enthusiast Network.