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  • 30
    Mar
    2021

    Report: Nike Undergoes Additional Layoffs

    Article From:SGB Media Nike instituted an unspecified number of recent layoffs in an effort to build a flatter, nimbler company, according to a report from The Oregonian. The latest layoffs follow Nikes announcement early last summer on p...

  • 29
    Mar
    2021

    Adidas Forms Partnership With Peloton

    Article From:SGB Media Adidas said that it has formed a partnership with Peloton. Details were not disclosed but reports indicate the partnership is an apparel collaboration. In a statement. Aimee Arana, GM, global training, Adidas, said,...

  • 28
    Mar
    2021

    New Balance Announces Long-Term Relationship With Stone Island

    Article From:SGB Media New Balance and Stone Island, the Italian sportswear brand recently acquired by Moncler, announced a long-term product collaboration. In the announcement, Carlo Rivetti, Stone Island president and creative director,...

  • 22
    Mar
    2021

    IDC Data: Wearable Devices Climb 28.4 Percent In 2020

    Article From:SGB Media Worldwide shipments of wearable devices reached 153.5 million in the fourth quarter of 2020, a year-over-year increase of 27.2 percent according to new data from the International Data Corporation (IDC). Shipments f...

  • 21
    Mar
    2021

    Mastercard: U.S. Retail Sales Grew 4.6 Percent In February

    Article From:SGB Media U.S. retail sales climbed 4.6 percent in February after adjusting for the fact that 2020 was a leap year, according to data from Mastercards SpendingPulse. Without seasonal adjustments, the total retail sales increa...

  • 20
    Mar
    2021

    Retail Imports Expected To Grow Dramatically During First Half

    Article From:SGB Media Imports at the nations largest retail container ports are expected to grow dramatically during the first half of 2021. According to the monthly Global Port Tracker report released by the National Retail Federation a...

  • 20
    Mar
    2021

    Peloton Treadmill Accident Leads To Child’s Death

    Article From:SGB Media John Foley, Peloton Interactive Inc.s chief executive officer, on Thursday asked owners of its Tread+ treadmills to check safety warnings after a child died in an accident involving the companys exercise equipment....

  • 15
    Mar
    2021

    Peloton Announces Expansion Into Australia

    Article From:SGB Media Peloton announced plans to launch in Australia, marking the brands entry to the Asia Pacific Region. For its Australian debut, Peloton will introduce the original Peloton Bike first introduced in the U.S. in 2014, a...

  • 14
    Mar
    2021

    Athleta’s Comps Climb 26 Percent In Q4

    Article From:SGB Media Gap Inc. said Athletas sales increased 29 percent in the fourth quarter with comparable sales up 26 percent. Gap Inc. said promotional activity at Athleta was well below last year, driving margin expansion in the qu...

  • 13
    Mar
    2021

    Spalding Named Game Ball Provider Of 2021 ACC Basketball Tournaments

    Article From:SGB Media Spalding has reached a deal to become the official game ball provider of the 2021 Atlantic Coast Conference mens and womens basketball tournaments. The basketball brand continues its 25-year partnership with the ACC...

  • 12
    Mar
    2021

    Dick’s SG’s Q4 Sales Surge 19.6 Percent

    Article From:SGB Media Dicks Sporting Goods, Inc. reported fourth-quarter earnings nearly doubled year-over-year on an adjusted basis as sales ran up 19.6 percent. At the mid-point of its expected range, Dicks sees sales in 2021 climbing...

  • 09
    Mar
    2021

    SFIA Finds Individual Sports Shine In 2020

    Individual sports such as tennis, golf, running, hiking, skateboarding, and surfing thrived in 2020 as Americans pursued a host of pandemic-acceptable sports and fitness activities, according to SFIAs Annual Topline Participation Report. Th...

  • 08
    Mar
    2021

    Nike’s GM North America Exits

    Article From:SGB Media Nike Inc. announced that Ann Hebert, vice president and general manager, North America, has departed from the company, effective today, March 1. Hebert leaves Nike after more than 25 years with the brand. Nike said...

  • 07
    Mar
    2021

    Adidas Opens Dubai Mall Flagship

    Article From:SGB Media Adidas announced the opening of a store at The Dubai Mall, its first flagship store in the United Arab Emirates region. The space stretches almost 16,000 square feet, offers digital signage technologies to include a...

  • 27
    Feb
    2021

    Asics Invests In Soccer Scouting Platform

    Article From:SGB Media Asics Corporation announced that its investment subsidiary Asics Ventures Corporation has invested in Dreamstock Inc., an operator of a soccer scouting platform that matches soccer players with club teams. Dreamstoc...

  • 24
    Feb
    2021

    Adidas Bans Fur, Joins Fur Free Retailer Program

    Article From:SGB Media Adidas has banned the use of animal fur in its products and joined the Fur Free Retailer (FFR) program. According to a statement from the Fur Free Alliance, while Adidas currently does not sell products made of anim...

  • 22
    Feb
    2021

    NPD: U.S. Consumers Continue To Spend On Their Stay-At-Home Lifestyle In 2021

    Article From:SGB Media Aided by the economic stimulus payments and with the pandemic still in full swing, consumers continued to spend on categories that made their lives at home more comfortable in the first six weeks of 2021, reported T...

  • 04
    Feb
    2021

    RunSignup’s Annual RaceTrends Report Shows 48.1 Percent Participation Decline

    Article From:SGB Media RunSignups Annual RaceTrends Report for 2020 shows a 48.1 percent drop in participation amongst the cohort of races that were on the RunSignup platform in 2019 and did hold an event of some type in 2020. RunSignup s...

  • 01
    Feb
    2021

    NPD Report: Athletic Footwear And Activewear Sales Decline in 2020

    Article From:SGB Media U.S. athletic footwear dollar sales declined in the mid-single-digits in 2020, and units were down in the low-teens, according to The NPD Group. Activewear sales were also down in the mid-single-digits for 2020. The...

  • 27
    Jan
    2021

    Golf Datatech Reports All-Time Best December For Equipment Sales

    Article From:SGB Media Golf Datatech, LLC announced that U.S. golf equipment sales for December 2020 were up 58 percent over the same period in 2019, exceeding Decembers previous all-time high, set in 2006, by 16 percent. December sales a...

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