Gabe’s Sold To Warburg Pincus
The company operates 106 off-price stores under the Gabe’s and Rugged Wearhouse banners across 11 states in the Mid-Atlantic and Southeast.
SGB Media Holiday Schedule
SGB Media and SportsOneSource will be running on a limited schedule the following week to allow our employees some extra time off with their family and friends during the holidays.
SewSporty Acquires Stonewear
The U.S.-based athletic apparel manufacturer has acquired Stonewear, the women’s fitness brand.
Top Americans Set For 2017 Boston Marathon
Three Nike runners (Galen Rupp, Shalane Flanagan and Abdi Abdirahman) and one each from Skechers (Meb Keflezighi), Saucony (Jared Ward) and Brooks (Desiree Linden) will be running in the 2017 Boston Marathon.
REI To Open Store In Dillon, CO
The location will be the co-op’s ninth store in Colorado, with nearby locations in Denver and Lakewood.
Nike Battles Back Critics And Competitors
The swoosh’s latest results eased concerns that it’s losing ground to Adidas, Under Armour and newer athleisure players, but can its DTC business shoulder a slowdown in future orders?
Nashville And Raleigh Squads Win Hoka One One Postal Nationals
The boys of Brentwood High School in Nashville, TN and the girls of Cardinal Gibbons High School in Raleigh, NC won the overall championships with the fastest team times in the two-mile run.
Finish Line Takes A Hit On Apparel Sales
Despite gains in its footwear categories, the retail chain lowered its earnings forecast for the year due to subpar sales of apparel and accessories.
PrimaLoft To Share Its 55-Percent Recycled Material Industry-Wide
In 2016 Patagonia had a stranglehold on this insulation, however come 2016 it will be available industry-wide.
Asics America Strengthens Leadership Team With New Execs
Barbara Turner was appointed vice president of human resources and Lisa Hatton Harrington general counsel.
Finish Line Reports Q3 Loss
Steep declines in apparel and accessories offset a high-single-digit footwear comp gain and a 33 percent sales increase in Macy’s business.
Superflex Raises $9.6 Million To Introduce Powered Clothing
In the coming months, Superflex will unveil its initial product concept: a powered suit designed for those experiencing mobility difficulties later in life, or challenging work environments, to provide core wellness support for a wearer’s torso, hips and legs.
Executive Movers & Shakers Of 2016
It was a busy year, including leadership changes at Nike, Adidas, Cabela’s, Giant, Keen, L.L. Bean, Timberland, Vans and VF Corp.
Nike’s Q2 Results Race Past Estimates
Nike Inc. reported sales and earnings that topped Wall Street targets, driven by double-digit currency neutral growth in Western Europe, Greater China and the Emerging Markets. Sales in the North America region were up 3 percent.
The 2016 Bankruptcy Blotter
The collapse of Sports Authority certainly waylaid the industry, but it was far from the only bankruptcy filing to take place this year.
