SGB Update Sports & Fitness

Rakuten Acquires Fit.me

Rakuten Inc., the Tokyo-based e-tailing giant, has acquired a 100 percent stake in Fits.me, a London-based technology company that is helping e-tailers personalize the shopping experience…

Performance Sports Group Q4 Impacted by Currency Woes

In reporting preliminary fourth-quarter results, Performance Sports Group Ltd. (PSG) said foreign exchange (FX) impacted fourth-quarter results by 13 cents a share, resulting in adjusted net income of approximately $8 million, or 17 cents per share…

Zozi Raises $30 Million in Financing

Zozi, a startup that hooks merchants up with those seeking travel experiences using proprietary software, raised $30 million in a new round of financing. The new infusion of capital was led by Pritzker Vlock Ventures and included Richard Branson of the Vi

Lids Foundation Announces Grant Awards for First Half of Year

Lids Foundation announced the recipients of its grant awards for the first half of 2015. The philanthropic support arm of Lids Sports Group, Lids Foundation bolsters nonprofits that promote active and healthy lifestyles as well as leadership…

Confluence Outdoor Rebalances its Boat Business

Confluence Outdoor disclosed last week millions of dollars in investments and divestments it is making this year to shift resources toward the thriving kayak fishing and SUP markets…

Feetures! Supports Run Specialty “Pair Up” Sales Contest

Feetures!, the maker of running socks, is continuing their campaign to support run specialty retailers with their September “Pair Up” sales contest. The promotion will encourage retailers to improve their customers’ in-store experience

Dick’s SG to Open First All-American Sports Center

Dick's Sporting Goods will be opening its first All-American Sports Center on Thursday, July 23rd in Mobile, AL. The All-American Sports Center features a Dick's Sporting Goods and a Field & Stream store in one location under the same roof.

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