SGB Update Sports & Fitness
New Balance And John Hancock Partner Around Residences
New Balance and John Hancock Financial have joined together to develop The Residences at Boston Landing, a 17-story, 295-unit luxury apartment high-rise currently under construction near the New Balance global headquarters.
Riddell Sued Over Football Injuries
A group of former collegiate football players sued Riddell Inc. for making false claims about the safety of its helmets.
Asics Launches Social Running Initiative
Launching in six major cities globally in 2017, each SMSB chapter aims to bring together fitness enthusiasts and influencers, representing a wide range of backgrounds, including photographers, yoga instructors, designers and runners.
Adidas Issues Response To President Trump’s Travel Ban
Adidas’ statement reads in part, “We at Adidas are proud to bring this positive power of sport to life every day at work and we cherish the diverse, international workforce we have around the globe.”
Standard Merchandising Names New Fox River President
John McNally will take on his new role at Fox River while also becoming chief manufacturing officer of Standard Merchandising Co.
Safilo Group Sees Sales Dip In 2016
The sales decline for the parent of Smith Optics was a result of the negative impact of the brands that the Group stopped servicing.
Iconix Brand Group Looking To Sell Peanuts Stake
Iconix Brand Group is reportedly exploring a sale of its majority stake in Peanuts Worldwide LLC, which owns the rights to characters Snoopy and Charlie Brown.
Renowned Golf Instructor Hank Haney Headlines NSGA Conference
Hank Haney, one of the world’s leading golf instructors, will deliver the keynote speech on Sunday, May 21 at the 53rd Annual NSGA Management Conference & 19th Annual Team Dealer Summit in Scottsdale, AZ.
Under Armour’s Q4 Profits Fall Short Of Guidance
Under Armour Inc. reported fourth-quarter earnings that eased 0.9 percent and came in just shy of Wall Street’s consensus estimate. It also gave a soft revenue outlook for the current year and indicated its CFO would be leaving the company.
NOCSAE Updates Football Helmet Standards For Concussions
The NOCSAE Standards Committee finalized revisions to its existing football helmet standard that limits maximum rotational forces that are involved in many concussions.
Ben Hogan Golf Equipment Files For Chapter 11
The filing, according to local reports, came after the company on January 3 laid off about 30 of its 40 employees.
Luxottica Group Sees Sales Accelerate In Q4
Luxottica Group reported fourth quarter accelerated from the third quarter, with net sales rising 5.2 percent at constant exchange rates and 6.3 percent at current exchange rates.
Fitbit Cuts 6 Percent Of Workforce Amid Q4 Shortfall
Fitbit expects revenue for the fourth quarter of 2016 to be in the range of $572 million to $580 million, compared to the company’s previously announced guidance range of $725 million to $750 million.
SFIA To Hold 18th Annual National Health Through Fitness Day
Herschel Walker will serve as Honorary Chairman of National Health through Fitness Day, to be accompanied by a wide variety of professional and Olympic athletes.
Under Armour Selling First Apparel Made In The U.S.
Under Armour released its first collection of apparel made in the U.S. and out of UA Lighthouse, the Brand’s state-of-the-art innovation center for design and manufacturing in Baltimore.
