SGB Update Sports & Fitness

W. L. Gore Unveils Fabrics Testing Facility

The biophysics and heat and flame protection labs allow Gore engineers to measure the properties of component materials, Gore laminates and fully constructed garments and footwear in new, expanded and relevant conditions.

Foot Locker Inc. Names New Directors

Foot Locker Inc. (FL), the New York-based specialty athletic retailer, elected Ulice Payne Jr. and Kimberly K. Underhill to the board of directors as directors of the company, effective December 1.

Perry Ellis Reports Q3 Loss

The company reported a loss in the third quarter due to pension plan termination costs, but adjusted earnings came in ahead of guidance.

Shareholder Group Seeks Delay In PSG’s Bankruptcy Auction

An ad hoc committee of Performance Sports Group Ltd.’s shareholders argues the short time frame and the bidding structure make it too difficult for anyone to compete with an offer from a group led by Sagard Capital Partners LP.

Fox River Mills Sold To Private Equity Firm

The 116-year-old hosiery mill in Iowa will become a division of LongWater Opportunities’ Standard Merchandising Company. The new private equity owner focuses its investments in American manufacturing.

Nike’s Self-Lacing Sneakers To Cost $720

Nike said the HyperAdapt 1.0, its hyped self-lacing models inspired by the 1985 movie “Back to the Future Part II,” will carry a retail price of $720.

Industry Urges Support Of Paris Climate Agreement

Nike, The North Face, Vans, Patagonia, K2 Sports and Clif Bar were among more than 300 businesses across industries signing a letter urging president-elect Donald Trump and other world leaders to remain committed to the Paris agreement on climate change.

Converse Exec Joins Fox Sports

Terri Hines, formerly vice president, global communications for Converse, has joined Fox Sports as its executive vice president of communications.

Jordan Brand #TBTs To Space Jam With New Collection

As a throwback to the 1996 film Space Jam, Nike’s Jordan Brand will release a new collection that honors the movie’s 20th anniversary, along with a globally integrated campaign to introduce the movie to a new audience.