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  • 08
    Jul
    2020

    Lululemon To Acquire Mirror Fitness System For $500 Million

    Article From:SGB Media Lululemon Athletica Inc. has entered into a definitive agreement to acquire Mirror, a home fitness start-up that sells a $1,495 wall-mounted machine for streaming workout classes. The purchase price is $500 million....

  • 07
    Jul
    2020

    Survey: A Third Of Supply Chain Leaders Exiting China By 2023

    Article From:SGB Media A Gartner Inc. survey of 260 global supply chain leaders in February and March 2020 found that 33 percent had moved sourcing and manufacturing out of China or plan to do so in the next two to three years. Survey res...

  • 07
    Jul
    2020

    NPD Report: Running Regains Its Stride

    Article From:SGB Media The U.S. performance running market has turned a corner during the COVID-19 pandemic. Dollar sales rebounded in mid-May and in the week ending June 20 grew by 30 percent compared to last year the highest sales gain...

  • 07
    Jul
    2020

    Henan Racing Sports Facilities Co., Ltd.

    Henan Racing Sports Facilities Co., Ltd. Is a manufacturer of integrated sports flooring located in Henan Province. The products are exported to United States, Pakistan, Peru, Australia, the Philippines, New Zealand, etc. China Sport Show B...

  • 06
    Jul
    2020

    Analysis: Industry stocks rebound 34.5% in Q2

    Article From:SGI Europe Confirming an earlier report, Head has announced its acquisition of Zoggs, the Australian brand of swim goggles, Investors are evidently persuaded now that the sporting goods sector will recover from the Covid-19 c...

  • 06
    Jul
    2020

    Head confirms the takeover of Zoggs

    Article From:SGI Europe Confirming an earlier report, Head has announced its acquisition of Zoggs, the Australian brand of swim goggles, forming a water sports group with an annual turnover estimated at well over 100 million. Its an inter...

  • 03
    Jul
    2020

    GNC Files For Bankruptcy, Plans To Close Up To 1,200 Stores

    Article From:SGB Media GNC Holdings Inc. said it has filed for chapter 11 bankruptcy protection with plans to sell itself and close 800 to 1,200 of its roughly 7,300 locations. The Pittsburgh-based vitamin-and-supplement retailer, along w...

  • 03
    Jul
    2020

    OBIT: Frank Dassler

    Article From:SGB Media Frank Dassler, the grandson of Puma founder Rudolf Dassler, has passed away at the age of 64. Frank Dassler was born on June 14, 1956 in Nuremberg as the son of the founding family of Adidas and Puma. For decades, h...

  • 02
    Jul
    2020

    NCAA Study Finds Student-Athletes Thrive In Life After Graduation

    Article From:SGB Media An NCAA study finds that college graduates who participated in NCAA athletics enjoy a host of positive long-term life outcomes at greater rates than non-athletes, among them wellbeing. The study was based on a surve...

  • 02
    Jul
    2020

    New York marathons and others are cancelled, some go virtual

    Article From:SGI Europe Running has flourished during the corona-related confinement as an individual sports activity. Nevertheless, the 2020 edition of the famous New York City Marathon, which was scheduled to take place on Nov. 1, has b...

  • 02
    Jul
    2020

    Digital accelerates at Nike after a poor quarter

    Article From:SGI Europe Nike has decided to accelerate the digital development of its consumer-direct offence program after suffering a 36 percent currency-neutral drop in group revenues for the fourth quarter of its financial year, ended...

  • 01
    Jul
    2020

    Iconix Agrees To Sell Starter China

    Article From:SGB Media Iconix Brand Group Inc. said in a regulatory statement that it agreed to sell Starter China Limited for $16.0 million. The Starter China sale includes the sale of the Starter brand in Mainland China, Hong Kong, Taiw...

  • 01
    Jul
    2020

    Kappa lifts China Dongxiang’s sales, despite the pandemic

    Article From:SGI Europe The recent introduction of a direct-franchise model, designed to ensure a sufficient supply of products in the stores through bulk orders of merchandise, lifted the Chinese sports companys revenues, which were up b...

  • 30
    Jun
    2020

    Nearly 200 athletes offered grants to help them through financial troubles caused by coronavirus pand

    A total of 193 athletes from 58 Member Federations have been offered grants by World Athletics from the Athlete Welfare Fund to help support athletes experiencing financial hardship due to the COVID-19 pandemic. World Athletics, along with...

  • 30
    Jun
    2020

    WNQ Fitness

    WNQ Fitness is a fitness equipment company established in 1989 with its head office located in Shanghai. Products include commercial cadio equipment, strength equipment and home gym equipment. Products can meet requirement of main certifica...

  • 30
    Jun
    2020

    Beijing Okstar Sports Industry Co., Ltd.

    Beijing Okstar Sports Industry Co., Ltd. is a leading professional manufacturer of outdoor fitness equipment and outdoor playground equipment established in 2001 and based in Beijing. Products include a wide selection of high-tech creative...

  • 28
    Jun
    2020

    Report: U.S. Cycling Market Surges in April With Sales Up 75 Percent

    Article From:SGB Media The unprecedented growth trend for U.S. cycling sales that began in March accelerated further in April, according to The NPD Group. April sales for traditional bikes, indoor bikes, parts, helmets, and other accessor...

  • 27
    Jun
    2020

    24 Hour Fitness Files For Bankruptcy

    Article From:SGB Media 24 Hour Fitness has filed for bankruptcy after the coronavirus pandemic forced its facilities shut for months. The chain has permanently closed 100 U.S. locations in 14 states with roughly 300 clubs remaining. In co...

  • 26
    Jun
    2020

    May Retail Sales Improve Dramatically Over April, Still Below Last Year

    Article From:SGB Media The U.S. Census Bureau said today that overall retail sales during May were up 17.7 percent seasonally adjusted from April as retailers and other businesses closed by the coronavirus pandemic began to reopen, but do...

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