SGB Update Sports & Fitness
EMS and Bob’s Complete Restructuring
Versa Capital Management, LLC announced the formation of Eastern Outfitters, LLC, which will continue the restructured and recapitalized operations of Eastern Mountain Sports (EMS) and Bob’s Stores (Bob’s). EMS and Bob’s will operate as business units of Eastern Outfitters, LLC, a new holding company with over $400 million in annual multi-channel revenue
Bats-Toi Sports Startup Launches Website
Bats-Toi (Bah’tua), a startup sports technology company dedicated to improving athlete health and safety, launched its official website.
Adidas by Stella McCartney Enlists Supermodel for Fall/Winter Campaign
Adidas by Stella McCartney enlisted supermodel Karlie Kloss to join on as the face of the Fall/Winter 2016 Adidas by Stella McCartney campaign.
Dick’s and Field & Stream Cohabitate NY Store
Dick’s Sporting Goods will open a new Dick’s Sporting Goods and Field & Stream store on August 5 at Latham Farms in Latham, NY (579 Troy Schenectady Rd).
Nautilus Survey: Americans Flunk Fitness IQ
Men and women over 18 show no improvement in basic health and fitness knowledge.
True Hockey Launches B2B E-commerce Site
TRUE Hockey announces the launch of its new business-to-business e-commerce website.
Amazon to Add Another Fulfillment Center
Amazon.com Inc. announced plans to open a fulfillment center in Sacramento that will be its tenth in California and fourth announced for the state in four months.
Gold’s Gym Names SVP of Human Resources
Gold’s Gym, a health and fitness franchise, named Jolynda Ward as SVP of human resources.
Athletic Dealers of America Reach Rebates Milestone
The ADA shared at its recent Buying Show in Orlando, FL that the group has surpassed the $1 million mark in rebates distributed to its members for 2015.
Adidas to Open Speedfactory in U.S. in 2017
Adidas Group at an investor event today in Herzogenaurach confirmed plans to open a Speedfactory facility in the U.S. at the end of next year.
TomTom Reports Strong Sports Sales in Q2
TomTom reported strong growth of smart watches and other sports products could not offset declines in its legacy personal navigation devices, or PND, devices in the second quarter.
Under Armour Leads in Most Valuable College Deals
Under Armour holds four of the top ten most valuable college sports apparel deals, according to Forbes. Nike, not surprisingly, holds a wide majority of the top 65 college deals.
Nike Appoints VP of Running
Nike Inc. announced that Steve Lesnard will become VP, GM of global running, succeeding Patrick Seehafer who will become VP, Europe Merchandising.
Under Armour Spends $70.3 Million on New Headquarters Site
Under Armour reportedly purchased land in Port Covington, one of the largest urban renewals projects in the country taking place on the Baltimore, MD waterfront, in what The Baltimore Sun purports would be the brands new headquarters. The space cost the brand $70.3 million.
Tory Sport Expands to Honolulu
Tory Burch’s activewear brand Tory Sport is scouting a retail location in Honolulu.
