SGB Update Sports & Fitness

Jawbone Sues to Block Imports of Fitbit Trackers

Jawbone filed a complaint with the International Trade Commission (ITC) against Fitbit, charging the company strategically lured away its employees to steal its trade secrets. The filing requests that the ITC ban Fitbit from importing the company's p

Perry Ellis Raises Guidance

Perry Ellis International Inc. raised its adjusted earnings guidance for the second quarter of fiscal 2016, ending Aug, 1, 2015 to breakeven. This guidance represents the better end of the company's initial expectations…

Brunswick Acquires SCIFIT

Brunswick Corporation has acquired SCIFIT Systems, Inc., which will become a part of Life Fitness. SCIFIT is a leading provider of exercise equipment tailored to the needs of the growing number of active aging seniors…

Nike India Opens Largest Store

Nike opened its largest store in India in Bengaluru. The 7,355-square-store offers apparel and footwear for running, football, cricket, basketball, tennis and women's training…

Li Ning’s Vice Chairman Resigns

Li Ning Co Ltd said Jin-Goon Kim, formerly interim CEO, had resigned as executive director and executive vice-chairman, effective July 4, to pursue other business commitments…

Sports Authority Hires Advertising Agency

Sports Authority has chosen the advertising agency Kuhl/Swaine as its partner in developing their brand and consumer engagement strategy. Chief Marketing Officer Ron Stoupa, who joined Sports Authority in late January of this year, is leading the effort..

Nike to Outfit Vanderbilt

Nike will be the exclusive apparel provider for all 15 of Vanderbilt's athletics teams through 2023, the university announced. Nike first partnered with Vanderbilt in 2014…

PeopleForBikes Launches Green Lane Survey

The Green Lane Project, a program of PeopleForBikes, has launched a survey to better understand the progress and challenges faced by any U.S. city building innovative new bike projects…

PSG’s Q4 Tops Street Estimates

Performance Sports Group, the parent of Bauer, Mission, Maverik, Cascade, Inaria, Combat And Easton, reported preliminary EPS for its fiscal fourth quarter ended May 31, that easily exceeded Wall Street's consensus estimates. Revenue growth for bot

Skechers Replaces Credit Agreement

Skechers USA said it entered into a new credit agreement with Bank of America, N.A., MUFG Union Bank, N.A. and HSBC Bank USA, National Association…

City Sports Renews Partnership with Boston Triathlon

City Sports, the Boston-based specialty sporting goods retailer, has renewed their partnership with the Boston Triathlon. City Sports will co-produce two training clinics for first-time triathletes…