Article From:SGB Media Nautilus Inc. announced that the company has completed the sale of its commercially focused Octane Fitness business to True Fitness Technology Inc. for $25.0 million. True also assumed $3 million of warranty liabili...
Article From:SGB Media Icon Health Fitness Inc. filed a lawsuit in the U.S. District Court for the District of Delaware against Peloton, charging an automatically controlled resistance feature on Pelotons Bike+, which Peloton calls Auto F...
Article From:SGB Media Amazon said third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60 percent year-over-year increase, growing even more than Amazons retail business. Prime members saved more than $1.4 billion d...
Article From:SGB Media IHRSA, the International Health, Racquet Sportsclub Association, has formed a Medical, Science and Health Advisory Council. The council will advise and support IHRSAs Executive Staff and Board of Directors on curren...
Article From:SGB Media Amid continued COVID-19 anxiety, shoppers plan to spend cautiously this holiday season, averaging $1,387 per household, down 7 percent from 2019, according to Deloittes holiday forecast. Other key findings from the...
Article From:SGB Media Li Ning reported profits on an adjusted basis grew in the first half while revenues only showed a slight decline despite the impact of COVID-19. On a comparative basis (excluding the one-off profit and loss not rela...
Article From:SGB Media 361 Degrees International Limited, the sporting goods firm based in Hong Kong, reported revenues in the first half of 2020 fell by 17.0 percent to 2,686.1 million. Due to the impact of COVID-19 in the first half of...
Article From:SGB Media Anta Group reported first-half revenue fell slightly by 1 percent over the same period last year to 14.669 billion. Revenue of the Anta brand was 6.777 billion, down by 10.7 percent, and revenue of the Fila brand re...
Article From:SGB Media A new survey of over 1,000 Americans from boutique personal training club Innovative Fitness found that of those who frequently participated in virtual fitness during the pandemic, nearly 60 percent noticed an impro...
Article From:fortune The European Union is demanding that the U.S. immediately lift the tariffs it imposed last year in a 16-year aerospace-subsidies dispute. The U.S. hit the EU with the tariffson products ranging from aircraft to clothi...
Article From:sportspro As much as US$14 billion in sponsorship value needs to be made up in the US following the suspension of live sports and entertainment events, according to IEG, which said the figure equates to over 50 per cent of pa...
Article From:businesswire SANTA MONICA, Calif.--(BUSINESS WIRE)--Even as gyms begin to welcome back guests, the at-home workout phenomenon appears here to stay according to a new survey just released from The Beachbody Company, the leadin...
Article From:SGB Media Total footwear U.S. sales for July totaled $2.3 billion, representing a decline of 16 percent decline versus July last year. Among categories in dollars, Performance footwear was down 16 percent, Leisure declined 3...
Article From:WFSGI WFSGI President CEO, Robbert de Kock is Co-chair of the World Athletics Working Group on Athletic Shoes (WGAS) with World Athletics Council Member, Sylvia Barlag. The WGAS met for the first time on July 22, 2020. The go...
Article From:businessinsider Lawrence Brooks is the oldest-known US World War II veteran in the United States, and hes turning 111 on September 12. Brooks served in the predominately Black 91st Engineer Battalion in New Guinea and the Phi...
Article From:businessinsider As kids across the country gear up to return to school, the World Health Organization released long-awaited guidance on whether they should wear masks. Its been a point of confusion for parents amid the corona...
Article From:SGB Media The overall positive jobs report trend for July got a boost from the sector that includes the sporting goods retail business. The U.S. Bureau of Labor Statistics (BLS) reported that total nonfarm payroll employment...
Article From:bikebiz Over 450 exhibitor brands and 10,000 trade visitors and media representatives are expected at the special edition Eurobike 2020, taking place from 24th-26th November. Despite fears otherwise, the COVID-19 restrictions...
Article From:Marketwatch Antiviral fashion seems like an inevitability. Denim brands are developing jeans that use cutting-edge antimicrobial technologies to help protect wearers from the spread of coronavirus, while still looking stylish...
Article From:supplychaindive Dive Brief: A full 100% of fashion industry executives reported postponing or canceling apparel sourcing orders this year due to the pandemic, according to a survey of leaders from 25 fashion retailers, import...
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