SGB Update Sports & Fitness

Nike Stocks New Talent in Global Management Positions
Nike, Inc. announced a series of general management appointments in the areas of Footwear, Integrated Marketplace North America, Emerging Markets, Nike Japan and more.
Nike Invests in EU Centralized Distribution Center
Nike, Inc. (NKE) unveiled the latest expansion of its European Logistics Campus in Belgium, to accelerate the company’s drive toward “the supply chain of the future.”
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.
US Lacrosse Announces Creation of the Center for Sport Science
US Lacrosse announced the creation of the Center for Sport Science, which will serve as a national hub for the study and improvement of health in lacrosse
ACE Study Finds Benefits of Ultimate Frisbee
The American Council on Exercise (ACE) commissioned an independent study that explored the benefits of ultimate frisbee.
Vicis Football Helmet Startup Raises $6 Million
Vicis, a startup football helmet maker, closed another $6 million in funding, which completes a $10 million Series A round, according to Geekwire.
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.
Dick’s Sporting Goods Grit Before Gold Tour Brings USA Athletes to Meet Local Youth
Dick’s Sporting Goods (NYSE: DKS) released the dates of its “Grit Before Gold Tour,” which will make various stops in more than 25 states.
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.

United Sports Brands Signs NFL Pro Jamaal Charles Across Three Brands
Shock Doctor and McDavid signed NFL All-Pro running back Jamaal Charles, extending his partnership to three USB names, after being a Cutters ambassador for the past two years. This makes Charles the first NFL ambassador to partner with all three brands.