Sporting Goods Industry News for September 02, 2014
NBA superstar Kevin Durant, 25, represented by Jay Z’s Roc Nation Sports, has reportedly decided to re-up with the Eager Beavertons in a 10-year deal valued at upwards of $300-$350 million and rebuff a $265-285 million offer from basketball upstart Under Armour, according to multiple reports that broke over Labor Day weekend.
World renowned supermodel Gisele Bundchen, whose husband Tom Brady of the NFL’s New England Patriots already endorses the Under Armour brand, has signed a multi-year endorsement contract with Under Armour.
The Italian parent of Oakley and Ray-Ban has decided to introduce a senior management structure with co-CEOs.
U.S. children’s footwear sales grew 5% for the five weeks ended Aug. 17, ahead of the 3% growth experienced by the total athletic footwear category for the same period, according to The NPD Group.
Sporting goods manufacturing increased 8% to RMB58.02 billion ($9.4 bb) in China for the six months ended June 30, according to the country’s Ministry of Industry and Information Technology Office.
Rounds played growth at private courses (+4.3%) outpaced play at public access (+0.4%) venues in the seasonally strong month.