SGB Update Sports & Fitness

TJX CEO and Sierra Trading Post Champion to Retire

Carol Meyrowitz, who has championed the growth potential of Sierra Trading Post, will step down as CEO of The TJX Companies in January under a succession plan announced by the company Oct. 8…

Under Armour Settles Shareholder Lawsuit

Under Armour Inc. reached an agreement with shareholders who sued the firm over its plans, announced in mid-June, to create a new class of stock. The new class of stock, without voting rights, was created to ensure that founder and CEO Kevin Plank would r

Hurley Founder Resigns as CEO

Bob Hurley, who founded California surf apparel company Hurley International LLC in 1998 and sold it to Nike in 2002, will step down as CEO of the Hurley brand…

Soles4Souls Partners with Stride Rite on Barefoot Week

Soles4Souls, a not for profit global social enterprise committed to fighting poverty through the collection and distribution of shoes and clothing, is partnering with faith leaders and children's footwear company Stride Rite for this year's Bare

Stephon Marbury Looks to Relaunch Starbury Line

Stephon Marbury, the former NBA star who now plays in China, is reportedly bringing back his Starbury line. The sneaker collection, launched in 2006, garnered much attention for selling for only $15 at Steve & Barry's…

TJX Companies Announces Succession Plan

The TJX Companies Inc.'s board of directors has approved a CEO succession plan that calls for Ernie Herrman, 54, to succeed Carol Meyrowitz, 61, as CEO on Jan. 31, 2016…

Gymcraft Wins Spot at Breed Reply Incubator

Gymcraft, which creates virtual reality games people can experience while exercising on standard fitness machines, landed an undisclosed equity investment from UK-based technology incubator Breed Reply…

Big Rock Sports Acquires Canadian Distributor

Big Rock Sports, Canada has acquired KTL Canada, a fishing tackle distributor based in Mississauga, ON. The acquisition will greatly expand KTL Canada’s product offering and…

Bauer Hockey Opens Innovation Center in Quebec

Bauer Hockey, Inc. officially opened its new Innovation Center in Blainville, Quebec, as the facility recently hosted approximately 350 of the company’s top global retail partners for the annual BauerWorld event. The new 100,000-square-foot facilit

Mountain Hardwear and Cole Haan Launch Outerwear Line

Mountain Hardwear and Cole Haan began selling their new ZerøGrand Outerwear collection in their direct-to-consumer channels Oct. 6 in what marked the outdoor brand's first such venture in the United States…