SGB Update Sports & Fitness

Under Armour Gets Its New Headquarters

The Baltimore City Council voted on Monday, September 19, 2016 that all all bills related to the Port Covington project — the renovation of a port neighborhood that will house the new Under Armour headquarters among other businesses, houses and more — which included the approval of a $660 million tax increment financing (TIF) package.

Argon 18 Launches Dealer Portal

Argon 18 launched a user-friendly B2B portal offering dealers an optimal streamlined sales process that includes viewing actual inventory, ordering and tracking shipments and access to technical and sales materials.

Sports Direct International Plc Acquiesces

Under pressure from investors, the sporting goods retailer will hire an independent third party to review its labor and corporate governance practices.

Adidas’ Basketball Head Joins Agency

Chris Grancio, who managed Adidas’ NBA partnership and player endorsement contracts, has become chief marketing officer of Independent Sports & Entertainment.

Headwinds For China’s High-end Bike Sales

Retail sales of high-end sport bicycles fell by roughly one-quarter in China in 2015, marking the third double-digit decline since such sales peaked in 2013, according to a market overview released by Messe Friedrichshafen last week on the first day of the sixth Asia Bike Show.