SGB Today Sports & Fitness
Wolverine Worldwide Names Company President, New Leaders For Merrell And Saucony
Wolverine World Wide, Inc. named Chris Hufnagel as company president, promoted Janice Tennant to Merrell’s global brand president and named Rob Griffiths as global brand president of Saucony.
IFit CEO To Step Down Amid Capital Infusion
IFit Health & Fitness announced a capital raise and said its co-founder, chairman, and long-time CEO Scott Watterson would step down from direct management of the company but remain chairman. Steve Barr, chief financial officer, and Mark Watterson, chief experience officer, were appointed co-presidents of the organization.
ElliptiGO Reports Strong Growth In 2020
ElliptiGO reported revenue more than doubled in 2020 compared to 2019 as the creator of the elliptical bike expanded its global operations.
PGA Tour Superstore Achieves Record Sales For 2020
PGA Tour Superstore plans to open at least six new stores in 2021, reaching the 50-store milestone by the end of the year. The company also reported record comp-store sales growth while gaining market share for fiscal 2020 despite its brick & mortar doors being closed for nearly two months.
Academy Sports Announces Secondary Offering Of Common Stock
Academy Sports and Outdoors Inc. announced that certain of its stockholders, including affiliates of Kohlberg Kravis Roberts & Co. L.P., intend to offer for sale in an underwritten secondary offering 12 million shares of common stock of Academy Sports.
Gainful Secures $7.5M In Funding
Personalized sports nutrition company Gainful has raised a $7.5 million Series A funding after seeing its revenues more than double over the past year.
G-Form Announces New Canadian Sports Distributor
G-Form introduced A.S.K. Sports Inc as its exclusive distributor for baseball, soccer and team sports products in Canada.
Club Champion Adds Five New Locations
Club Champion said it plans to add five new custom club fitting services in Memphis, TN; Jupiter, FL; Bradenton, FL; Tacoma, WA; and Des Moines, IA.
Lululemon Sees Q4 Earnings At Upper End Of Guidance
Lululemon Athletica Inc. announced the company now expects revenue and earnings to be at the high end of its prior range of expectations for the fourth quarter of fiscal 2020 ending January 31.
Under Armour Opens Port Covington Campus To Administer COVID-19 Vaccines
Under Armour has opened up one of its facilities on its Baltimore Port Covington Campus to the Baltimore County Health Department to help administer COVID-19 vaccines in the area.
Garmin Acquires Provider Of Emergency Monitoring And Response Services
Garmin International and Garmin Services, units of Garmin Ltd., announced the acquisition of substantially all the assets of GEOS Worldwide Limited and its subsidiaries.
Adidas Raises Commitment To Sustainable Products
Adidas AG said more than 60 percent of its products will be made with sustainable materials in 2021. From 2024 onward, Adidas is committed to using only recycled polyester.
Game Changers: Express x NBA
Express’ NBA-themed “Game Changers” announced today that NBA players Brandon Ingram, Denzel Valentine, Jamal Murray and John Collins, exemplify the true spirit of what it means to be a game changer.
Item Of The Day: Jaybird Run Headphones
Designed from insights gained from top runners around the world, Jaybird Run delivers a secure, run-specific comfort-fit, sweat proofing, water resistance and skip-free customizable sound with 12 hours of battery life.
Gap, Inc. Sees Potential In Athletic Wear Market
As many retailers have done, Gap Inc. plans to focus on its fitness and lifestyle brand, Athleta, which is on track to reach $1 billion in revenue within the next few years.
