SGB Update Sports & Fitness
Under Armour CEO Presents Entrepreneurship Competition
The competition will bring the top young entrepreneurial talents in the country to Northwestern University next spring for a chance at $100,000 in total cash prizes.
CBL & Associates To Close Shopping Centers On Thanksgiving
Department stores, movie theaters, restaurants and retailers with exterior mall entrances will have the option to open their stores on Thursday, but access to mall common areas will be restricted until 6 a.m. on Friday.
Eurobike Moving To July In 2018
Messe Friedrichshafen will move Europe’s largest trade show for the bicycle industry up a full month in 2018 to compete with in-house dealer events.
Consumer Sales Decline Accelerates At TomTom
Consumer revenues at the company declined three times faster in the third quarter than they did in the second due to faster than expected declines in Europe’s PND market.
Asics Launches Extra Mile Campaign, Supports NYC Marathon
For each “Extra Mile,” Asics will donate a pair of running shoes to Girls on the Run, a non-profit organization dedicated to promoting self-confidence and healthy lifestyles through running.
Has Plus-Size Activewear Failed Us?
A sample study sought to understand the clothing practices of obese women who engage in physical activity. Findings revealed that women feel it is nearly impossible to be both obese and feminine in exercise clothing.
Chelsea FC Inks Its Largest Commercial Deal With Nike
The new technical partnership with Nike makes the swoosh the official kit supplier beginning in the 2017/18 season.
PeopleForBikes Launches Networking Event Series
Draft: A PeopleForBikes Meetup will debut in the D.C. Metro Area and Los Angeles on October 18, followed by Duluth, MN and Park City, UT in the following weeks.
Icon Promotes Chris McGill To FreeMotion VP Of Sales
Dan Toigo, who was recently promoted to senior vice president of Icon health and fitness and managing director of FreeMotion Fitness, selected McGill because of his 26 years of experience in the industry.
Under Armour Extends Partnership With Utah Athletics
Under Armour becomes the official outfitter of Utah’s varsity intercollegiate athletic programs through June 2027.
Sports Direct CFO Resigns
Chief Financial Officer Matt Pearson plans to exit at the end of the year to accept another job.
Play It Again Parent Sees Q3 Profit Gains
Earnings for the franchisor rose 14.9 percent due to an increase in customer activity within the company’s lease portfolio and reduced expenses.
Newell Brands To Sell Tools Business
The sale comes a week after announcing plans to sell about 10 percent of its portfolio, including the K2, Völkl, Marker and Zoot brands.
Big 5 Sporting Goods Amends Settlement With Stadium Capital
Stadium Capital Management has agreed not to exercise its right to nominate a new board director following the resignation of Dominic DeMarco on September 9.
RECALL: 1,000 Specialized S-Works Road Bikes
The company recalled the 2016 Venge Vias and Venge Pro Vias road bicycles after learning the rear wheel can slip from the drop out and damage the rear triangle.
