SGB Update Sports & Fitness

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.

Glukos Signs Skateboarding Legend Steve Caballero

The Glukos Company Inc., the all-natural sports nutrition company, expanded its roster of brand ambassadors into the action sports arena by signing a professional skateboarding pioneer, Steve Caballero.

Research Condemns Fitbit Over Heart Rate Accuracy

Researchers at California State Polytechnic University, Pomona, released findings that purport Fitbit technology PurePulse does not accurately record heart rate, and is therefore unreliable in tracking moderate to intense exercise.

Topgolf Ohio Prompts More Job Opportunities

Topgolf is in the works to open its 27th location in West Chester come late July 2016. Approximately 450 new jobs for the new site have been posted online, and auditions will begin in May and June 2016.