SGB Update Sports & Fitness
Teens Found Sports Recovery Company Kram Wellness
Kram Wellness, founded in 2014 by a team of teenagers and their parents, has come to market with their first official product they’re calling Flexfit.
Under Armour Manager Receives SFIA Scholarship
SFIA acknowledged Kelly Becker, Ursinus College grad and current manager of innovation partnerships for Under Armour, as a recipient of the 2016 SFIA Future Industry Leaders Scholarship.
Nike Presents Film Featuring USA Basketball
Nike, Inc. (NKE) released a new film, “Unlimited Together,” that captures the strength of unity and the power of team for USA Basketball.
Zappos.com Partners to Improve Pay for Track & Field Athletes
Zappos.com partnered with elite runner Nick Symmonds and Brooks Running to bring awareness to fair pay to sponsored athletes.
KT Tape Sponsoring 14 Olympic and Paralympic Athletes
KT Health, which does business as KT Tape, has sent 14 Olympic and Paralympic athletes, representing nine different sports, to the 2016 Olympic Games in Rio de Janeiro.
North Castle Partners Closes on $300 Million Fund
North Castle Partners, a private equity firm that owns Performance Bicycle and Ibex and recently invested in Ignite USA, closed its sixth fund, at $300 million.
Skullcandy Logs Q2 Loss
Skullcandy Inc. reported a loss of $1.6 million, or 5 cents a share, in its second quarter ended June 30, impacted by costs related to its sale process, litigation, and customer bankruptcies.
Anta Sports Selects US Anti-microbial Vendor
Noble Biomaterials Inc. established a strategic alliance with Anta Sports Products Limited, China’s largest sportswear brand, based in Fujian.
American Bicycle Group Moves To Larger Headquarters
American Bicycle Group (ABG), manufacturer of Litespeed (LS) and Quintana Roo (QR) bicycles, recently moved into a newly refurbished, larger building in Chattanooga, TN.
Under Armour Partners With Boutique Boxing Studio
Gloveworx, a boutique boxing studio and fitness facility based in Santa Monica, CA, sealed Under Armour as its Official Performance Partner.
REI Relaunches Digital Outlet Business
REI, the national outdoor specialty retailer and consumer co-op, launched REI Garage, a new digital store that sells off-price products picked by co-op experts.
Lululemon’s Cloaked Board Member Resigns
Lululemon filed with the U.S. Securities and Exchange Commission (SEC) that board member Rhoda Pitcher resigned from the post on August 8, 2016.
Saks Fifth & NBA’s Anthony Davis Release Luxe Athleisure Capsule
Saks Fifth Avenue, the high-end boutique retailer, inked a partnership with American professional basketball player Anthony Davis in the retailer’s first fashion label collaboration with an athlete.
Speedo Departs from Traditional Design, Goes Vibrant
Speedo International has swapped its highly technical-looking suits for a new lifestyle collection which pulls from vibrant colors and prints to “capture the energy and vibe of the tropics,” the company said.
Bridgestone Golf Hires President, CEO
Bridgestone Golf hired Angel Ilaganto assume the role of President and CEO.
