SGB Update Sports & Fitness
United Sports Brands Canada Transitions to Subsidiary Model
United Sports Brands will transition its brand properties in Canada from a distributor model to a subsidiary business structure.
Wilson Sporting Goods Partners with Material Sciences Corp.
Materials Sciences Corporation and Wilson Sporting Goods Co. have entered into an exclusive agreement to explore mutual technology opportunities in the sporting goods space.
Despite Bankruptcy, Employees Praise Sports Authority
15,000 jobs to be lost, but no pitchforks and torches here. We look at why the sporting goods retailer still gets favorable reviews.
Tracksmith Apparel to Pay Consumers for Summer PRs
Tracksmith Apparel, a growing running apparel brand with its hand in vintage track design, will offer consumers a monetary reward for setting a PR this summer.
Venus Williams’ Brand Eleven Hires Senior Director of Marketing
Eleven, a performance apparel brand created by tennis star Venus Williams, hired Marlon LeWinter as its new Senior Director of Marketing and Public Relations.
Phelps Competes in Olympic Trials in Nail-biting Return
Michael Phelps made his long-awaited return to the Olympic scene on June 28 at the U.S. Swimming trials where he competed in the preliminary 200-meter butterfly.
Trending: Basketball-focused Gyms?
PickUp USA Fitness, based in Irwindale, CA, launched its long-awaited basketball-focused gym franchise roughly six weeks ago, and reports indicate the concept could really take off.
‘The Boz’ Makes the Cut at Vibram FiveFingers
Vibram USA launched an ambassador program for its Vibram FiveFingers articulated shoe brand by naming 17 personalities, including former NFL Pro Brian Bosworth, as brand ambassadors.
Adidas Forms Strategic Collaboration with China’s Wanda Group
Adidas said plans to start collaborating with the Chinese conglomerate Wanda, including a sponsorship deal for the two Ironman triathlon events in China.
Adidas Puts its Future in Kanye West, Provoks Social Backlash
Adidas announced the cementing of its long-term relationship with Kanye West in the company’s biggest collaboration with a non-athlete to-date.
Xbox Fitness Ends Workout Streaming in 2017
Xbox Fitness, a service exclusively offered for Xbox One which features fitness workouts from popular trainers, will cease operation in 2017.
Adidas Outdoor Sponsors Aspen Marathon
Adidas Outdoor will sponsor the fifth annual Aspen Backcountry Marathon & Half Marathon, Aug. 13, 2016.
Dick’s Relocates Store in Sterling Heights, MI
Dick’s Sporting Goods will be opening its relocated store on in Sterling Heights, MI (13000 Hall Road) on June 9, 2016.
Nike Q4 Beats on Earnings, Misses on Revenue
Nike Inc. reported flat earnings in its fourth quarter ended May 31 due in part to the need to reduce inventories in North America but results still came in a penny ahead of Wall Street’s consensus estimate. Revenues gained 6 percent to $8.2 billion and were up 9 percent on a currency-neutral basis. Worldwide futures were up 11 percent on a currency-neutral basis.
Are Smart Shoes a Dumb Idea?
In the race to create fit-tracking footwear, we break down the specs we want and what Under Armour, Lenovo and other brands are promising to offer.
