SGB Update Sports & Fitness

Mission Athletecare Opens Performance Lab

Mission Athletecare, the maker of thermoregulation products, announced the funding of a state-of-the-art thermoregulation performance lab at the University of Connecticut’s Korey Stringer Institute.

Genesco’s Q1 Handily Beats Street Targets

Genesco Inc. reported a modest gain in first-quarter earnings that came out well ahead of Wall Street’s target. The upside was boosted by a “significantly better” performance at Lids Sports Group. The company reiterated its guidance for the year.

Gildan Activewear Acquires Alstyle Apparel

Ennis, Inc. completed the previously announced sale of Alstyle Apparel, LLC and its subsidiaries, which constituted the company’s apparel division to Gildan Activewear SRL.

Asics Sets 2020 Sustainability Strategy

Asics Corp. released its 2015 Sustainability Report on 23rd May, which summarizes the company’s sustainability performance for the fiscal year 2015 and outlined a new medium-term sustainability strategy towards 2020.

Missouri Woman Indicted for Embezzling $1.2M from Garmin

The U.S. Attorney for the Western District of Missouri has charged a woman with embezzling $1.2 million from Garmin International while working as a senior payroll specialist at the company’s headquarters near Kansas City.

Nike’s Detroit Store to Open Thursday

The Nike Inc. Community Store in downtown Detroit is scheduled for a 10 a.m. public grand opening Thursday. Michigan State University men’s basketball coach Tom Izzo, MSU mascot Sparty and Dennis Van Oossanen, vice president of North American retail, are expected to make appearances.