SGB Update Sports & Fitness
LVMH In Talks To Acquire Rapha
The luxury goods conglomerate is in discussions to acquire Rapha, the high-end cycling apparel and bike-related accessories brand based in London, according to a report from the Daily Mail.
Study: Les Mills ‘Born To Move’ Programming Increases Youth Fitness
Due to the Les Mills programming, participants averaged 15.8 minutes of physical activity more than participants in regular school PE classes and averaged 21.1 fewer minutes of sedentary activity over the course of 24 hours.
24 Hour Fitness Opens Katy, TX Club
A grand opening event is scheduled for December 3.
Nalgene Partners With Marvel
Nalgene Outdoor launched a “Heroes Hydrate!” line of Marvel-inspired Nalgene reusable water bottles.
RYU Apparel Repays Loans And Secured Debt
RYU Apparel Inc. said it has repaid and extinguished all of its unsecured and secured term notes, loans payable and short-term advances owed to related parties.
Delta Apparel’s Q4 Earnings Slump
Earnings were impacted by costs associated with the recently completed manufacturing realignment, as well as a shorter sales period and tax expense. With the exception of Junkfood, all businesses saw growth.
Patagonia To Donate $10 Million From Black Friday Sales
The outdoor apparel brand far exceeded its expectations after pledging to donate 100 percent of its sales to environmental nonprofits.
Hi-Tec To Be Sold To Cherokee Global Brands
The new owner plans to sell Hi-Tec’s wholesale operations to a collection of global partners, who will then license the brand from Cherokee.
Adidas Speeds Ahead With Biodegradable Footwear
Adidas is charging head first toward the style of sustainability, unveiling last week its Futurecraft Biofabric shoe, which will be biodegradable.
Japan’s Honma Golf Enters U.S. Market
The company created a short video to accompany its announcement.
Dick’s Acquires GameChanger Media
GameChanger, a live scoring app that delivers data-driven coaching insights and live play-by-play updates for 165,000 amateur baseball and softball teams, joins Dick’s Team Sports HQ suite.
Adobe: Black Friday Breaks Online Sales Record
$5.27 billion was spent online by the end of Black Friday, a 17.7 percent increase year-over-year.
Why Is North Dakota The Most Active State?
Surprisingly, North Dakota was ranked the most active, with Washington D.C. coming in second and Hawaii third.
Club Pilates Projects 360 Studios By End Of 2017
Founded in 2007 and franchising since 2012, the Costa Mesa, CA-based boutique Pilates franchise currently has nearly 100 studio locations in 28 states.
NRF Finds Increase In Thanksgiving Weekend Shoppers
The National Retail Federation’s annual Thanksgiving Weekend survey found more people shopped over the four-day weekend, but average spending dropped.
