SGB Update Sports & Fitness

24 Hour Fitness Launches Team USA Bootcamp

24 Hour Fitness announced on July 26, 2016 that they will introduce a Team USA Bootcamp into all club markets next month, as the Rio 2016 Olympic Games begin.

Wolverine Worldwide Exceeds Q2 Guidance

Wolverine World Wide, Inc. (NYSE: WWW) beat guidance for the second quarter ended June 18 by reporting revenue declined 7.4 percent to $583.7 million.

Shimano Reports Weak 1H

A strong yen, stubbornly high bicycle inventories in the U.S. and slowing consumer spending in China led to weaker results at Shimano Corp. in the first half.

G-III Apparel to Acquire Donna Karen

G-III Apparel Group Ltd., which owns a sizable fan apparel business and G.H. Bass, agreed to acquire Donna Karan International.

NRF Sees Gain in BTS Sales

The National Retail Federation’s annual back-to-school and college spending predicts total spending for K-12 and college is expected to reach $75.8 billion this year, up from last year’s $68 billion.

Will Nike Take CrossFit From Reebok?

By Jahla Seppanen At the 2016 Reebok CrossFit Games, July 19-24, Nike athlete Mat Fraser took his first win after coming in second the following two years. The 26-year-old’s victory shifted some attention away from the ever-growing CrossFit brand, Reebok, to the footwear/apparel giant Nike, who signed Fraser in December 2014 after an explosive debut […]