SGB Update Sports & Fitness

Matrix Expands From Commercial Fitness To D2C

Johnson Health Tech unveiled a new line of Matrix cardio equipment, which was previously only available in fitness clubs. The new line moves into direct-to-consumer, being offered for in-home use.

Gildan Activewear Agrees To Acquire American Apparel

The $66 million acquisition is expected to further increase the brand’s penetration in the faster-growing fashion basics segments in its printwear business while wholesale opportunities will also be explored.

RYU To Appear In Yyoga Studios

RYU Apparel Inc., manufacturer of fitness apparel and accessories, formed a new relationship with the Vancouver-based fitness chain Yyoga.

Asics America’s Sales Slump In Nine Months

Asics America Group (AAG) reported net sales decreased 11.3 percent for the third quarter of 2016, with Asics America Corporation (U.S. only) showing a 13.1-percent decrease in net sales.

New Balance Catches Heat For Endorsing Trump’s TPP Stance

Many consumers jumped to condemn the brand for its endorsement of Trump; however, New Balance asserted that its comments were specifically in regards to Trump’s political opposition to the Trans Pacific Partnership (TPP).

Rally Cycling Signs Junior World Time Trial Champion

18-year-old Brandon McNulty capped his junior career last month in the Junior World Time Trial Championship in Dubai, Qatar, where his winning time of 34:42.29 was 35 seconds faster than second place.