SGB Update Sports & Fitness
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.
Outdoor Retailer, SIA Wrangle Over Trade-Show Schedule
Officials with both organizations have been in communication, but have yet to come to an agreement on how best to schedule the trade-show calendar.
OIC Approves $500 Million To 2017-20 Solidarity Plan
The 2017-2020 Quadrennial Plan also proposes two new programs related to refugee athlete support and athletes’ career transitions.
CKO Kickboxing Opens New Hampshire Gym
The health fitness franchise will open its first kickboxing gym in Belmont, NH on November 15, 2016.
Topgolf Adds Third Washington D.C. Area Location
Pending Montgomery County approval, Topgolf would begin construction on the 65,000-square-foot venue next fall, with an expected opening in fall 2018.
SIA Responds To New Outdoor Retailer Schedule
In a letter to the industry, SnowSports Industries Americas President Nick Sargent responded to Outdoor Retailer’s recently announced changes to its trade-show calendar, expressing concerns that the schedule still stretches retailers thin.
Adidas Recharges With Reigning Champ Collab
That’s right. This is the first collection in which Reigning Champ created products for women.
Zalando Raises 2016 Forecast After Q3 Profit
The German fashion e-tail giant increased its full-year adjusted EBIT margin guidance to 5 to 6 percent after seeing revenues rise 17.1 percent in the third quarter.
Nike Taps NYC Artist And Parks & Rec Department
Nike’s New York Made: Stanton Street Courts by Kaws blend culture, sports and art.
Under Armour To Sponsor College Basketball Doubleheader
The inaugural Under Armour Reunion features four members of the Under Armour collegiate roster – Auburn vs. Boston College and Seton Hall vs. South Carolina – and will take place on Monday, December 12, on FS1.
Skechers Transitions South Korean Business
Skechers, a global leader in lifestyle and performance footwear, is transitioning its business in South Korea from a third-party distributor to a new joint venture with Luen Thai Enterprises.
Vista Outdoor’s Q3 Earnings Surge
Vista Outdoor Inc. reported earnings vaulted 121 percent to $73.2 million, or $1.22 a share, topping Wall Street estimates. Revenues advanced 24 percent.
