SGB Update Sports & Fitness
Whoop Expands Market From Elites to Consumers
Whoop will begin marketing its wearable performance optimization system to consumers in time for the 2016 holiday season.
Planet Fitness to Open Second Club in Columbus
Planet Fitness, a health club franchise known for its “Judgement Free Zone,” plans to to open its second location in Columbus, GA.
Callaway Golf Staff Pro Cards Championship Record
Callaway Golf Company congratulated Staff Professional Henrik Stenson for becoming Champion Golfer Of The Year.
Nike Looks to Lead on Race Relations
Nike’s Chairman and CEO Mark Parker sent a letter last Thursday to the company’s 32,000 employees understating Nike’s commitment to “racial justice” following the heightened tensions in black communities and the police. He also said Nike will hold meetings at Beaverton headquarters and in its NY, Chicago and LA offices to explore race issues.
ICSC Survey: BTS Sales Expected to Climb
The International Council of Shopping Centers (ICSC)’s annual back-to-school survey shows 78 percent of BTS shoppers expect to spend more this year, a significant increase compared with those who planned to do the same in 2015.
Retail Sales Climb in June
Retail sales (excluding automobiles, gasoline stations and restaurants) continued to grow in June and were up 5.1 percent year-over-year, the National Retail Federation said today. Retail sales rose 0.8 percent unadjusted over May, according to NRF’s calculations.
Olympia Sports Opens Doors in Londonderry, NH
Olympia Sports, a regional sporting goods retailer, opened its 22nd location in New Hampshire.
Superfeet Steps Into Shoe Category In 2017
Superfeet, a leading insole brand in the active lifestyle and outdoor markets, will debut its first-ever footwear for spring 2017.
G-Form Impact Protection Inks Finnish Soccer Deal
G-Form, a leader in athletic impact protection, and the Finnish Soccer Players’ Union have inked an agreement for G-Form to provide all professional Finnish players.
Finish Line Sets New Stock Buyback Plan
Finish Line authorized a new five million share repurchase plan. The new plan will commence upon completion of the current plan which has approximately 600,000 shares remaining.
Sports Authority’s Lender Deal Allows Liquidation to Continue
Sports Authority has negotiated a agreement with lenders that will allow its liquidation process to continue. According to a court documents, GOB sales would have ended Friday without the agreement…
Nike Adds Apparel, Accessories to MEAC Deal
Nike has entered into a multi-year agreement to become the official apparel, accessory and equipment brand of the the Mid-Eastern Athletic Conference until 2020.
Play It Again Sports Parent Sees Q2 Earnings Gain
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 25, 2016 of $5.4 million, or $1.25 per share, improving from income of $4.75 million, or $1.00, in the second quarter of 2015.
Retail Imports Rise for Back-To-School
Import cargo volume at the nation’s major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season, according to the monthly Global Port Tracker report.
Spenco Execs Purchase Rights to Footwear, Silicore Business
Four executives at Spenco Medical Corporation have purchased the company’s footwear and Silicore assets after its insole and 2nd Skin first aid products were sold to Implus
