SGB Update Sports & Fitness
Under Armour’s Q3 Profits Climb 28 Percent
Under Armour Inc. reported net earnings in the third quarter rose 27.6 percent on a 22.2 percent revenue gain. Gains were again led by footwear and international.
Skratch Labs Expands Leadership Team
Jay Peery is now COO, and the sports nutrition and hydration company also hired John Simmons as VP of sales and Jeff Donaldson as VP of marketing.
Under Armour Unveils ‘Make That Old’ Campaign With Stephen Curry
The new campaign supports the launch of his signature footwear collection, the Curry 3.
Liquidators Largely Prevail In Golfsmith Bankruptcy
While Dick’s Sporting Goods stepped up to keep about 30 Golfsmith stores open, the remaining 59 locations will face liquidation.
ACE Study Unveils Impact Of TRX Training
ACE-commissioned scientists evaluated a litany of strength, balance, fitness and health metrics before and after participants performed a standard eight-week TRX program.
Lululemon Waits On Foreign Worker Exemption Ruling
Lululemon is looking to sidestep the TFW program because “Canada currently does not produce enough skilled, specialized experienced workers in our required areas to meet our demand.”
Apple Watch Nike+ Arrives Friday, October 28
Apple Watch Nike+ combines all of the features of Apple Watch Series 2 with the new Nike+ Run Club app to motivate runners.
Sagard Capital/Fairfax Exploring Bid For Performance Sports Group
Sagard Capital and Fairfax have discussed acting together in a potential transaction, but the two have not yet entered into any agreements, term sheets or other arrangements among themselves with respect to any joint activity.
Adidas And James Harden Drop Vol. 1 Apparel/Footwear Collection
Harden Vol. 1 Pioneer launches December 3 for $140 MSRP, while the accompanying apparel collection is available this fall.
Richard Simmons Closes Iconic Fitness Studio
Slimmons, located in Beverly Hills, CA, will officially close its doors after 42 years of operation.
Dick’s Foundation And Calia Pledge $100,000 To Girls’ Sports
On October 21 in Houston, Underwood and the Foundation surprised AISD female student-athletes and coaches with a $100,000 Sports Matter grant during a Calia meet and greet.
Equinox Eyes Expansion In London
Two new London locations were born out of demand at Equinox Kensington, which has been a fixture for residents of West London since its opening in 2012.
VF Corp. Lowers Guidance On Soft Americas Business
Third-quarter earnings topped Wall Street expectations, but the company lowered guidance for the full year.
Report: Dick’s Sporting Goods Wins Bid For Golfsmith
Dick’s plans to keep about 30 Golfsmith stores open and liquidate the rest in conjunction with Hilco Global and Tiger Capital Group, according to a report from Reuters.
UFC Gym Open Middle East Flagship
“The Middle East is a very important market for UFC Gym and we are tremendously comfortable knowing we have the right partners in place to realize that potential,” UFC GYM COO Brent Leffel said.
