SGB Update Sports & Fitness

Is Reebok the Fittest Company in the Industry?
Reebok released a film called Humans of Reebok, illustrating the company’s unique fitness culture.

Adidas Originals Opens NYC Flagship
Adidas Originals will open a new U.S. flagship store on Spring Street in New York City on August 17.
ClickitGolf Reorganizes Under New Company and CEO
ClickitGolf.com, which buys and sells discounted rounds of golf at more than 300 courses around the country, announced that it reorganized under new parent company, ClickIt Golf, Inc., and hired Charlotte, NC entrepreneur David Moore as CEO.
Fanatics Names Former Adidas Talent as VP of Retail Sales for Fanatics Branded
Fanatics, a global leader for licensed sports merchandise, named Glen Giovanucci as vice president of retail sales for Fanatics Branded.
HockeyShot Grant Promotes Hockey Play for Underserved Youth
HockeyShot.com, the online specialty retailer of hockey training and skill-building products worldwide, has partnered with the FlipGive Fundraising digital platform to launch a hockey grant for underserved youth called, Get In The Game.
Executives Plot the Future of Tennis at TIA Tennis Forum
During the ninth annual Tennis Industry Association (TIA) Tennis Forum, top tennis executives will present the latest research and plans that will contribute to growing the tennis industry.
Obama Nudges TPP Process Forward
The administration’s release of a draft statement on the Trans-Pacific Partnership indicates its intent to push the deal through a lame duck Congress.

The TJX Companies Inc. Grew Q2 Comps 4 Percent
The off-price retailer, which serves as a clearance outlet for athletic and outdoor apparel brands, increased net sales 7 percent in the quarter ended July 30.
Wolverine World Wide Updates Buy Back Plans
The owner of Merrell, Sperry and Saucony said its board approved a plan to repurchase $300 million shares and issue a $250 million, 10-year senior note.

Dick’s SG Beats Q2 Earnings Guidance
The retailer handily beat its guidance for consolidated net income and same-store sales growth in its latest quarter thanks to strong growth in online sales.

361 Degrees 1H Sales Up Nearly 16 Percent
The leading international sportswear brand based in China reported its KIds, online and international business lead growth in the six months ended June 30.
Dick’s Sporting Goods CFO Departs
The retailer, which is expected to report its second-quarter earnings Tuesday morning, said its COO will fill the role until a successor can be found.

Former Ugg President Lands at Vionic
Rishwain will oversee product, marketing and sales at Vionic, and she also joins its board of directors.
Sporting Goods Store Sales Slowed in July
Retail sales at sporting goods stores decreased 2.2 percent seasonally adjusted month to month and increased 1.9 percent unadjusted year over year in July, estimated the National Retail Federation.
Skullcandy Rejects Unsolicited Bid
The action sports-inspired audio brand accepted and then rejected two acquisition offers from a company over the weekend after the bidder waffled.