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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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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