Olympia Sports, the Maine based athletic footwear and apparel chain, has selected SB360 Capital Partners LLC (www.sb360.com), as their exclusive agent to conduct “Store Closing” sales in 76 stores. Olympia, which was recently acquired by sports retailer JackRabbit, will continue to operate its remaining 75 stores under the Olympia Sports’ banner.
Author: SGB Media
Wearable Tech Named Top Fitness Trend For 2020
More than 3,000 health and fitness pros surveyed by the American College of Sports Medicine (ACSM) say wearable tech will be the top trend in fitness in the coming year. ACSM published the results of its annual fitness trend forecast, “Worldwide Survey of Fitness Trends for 2020,” in the November/December issue of ACSM’s Health & Fitness Journal.
Asics Acquires Race Roster
Asics Corporation announces the acquisition of Race Roster, a leading race registration platform for running events. Race Roster will join Asics Digital’s portfolio of consumer-focused running platforms. As part of the agreement, Asics formed a new Canadian subsidiary known as Race Roster North America.
Fox Factory Sees Q3 Revenues Climb 20 Percent
Fox Factory Holding Corp. reported sales increased 20.2 percent in the third quarter to a record $211.3 million compared to $175.8 million in the same period last fiscal year

Yeti’s Q3 Sales Jump 17 Percent
Yeti Holdings Inc. reported earnings on an adjusted basis increased 29 percent on a 17 percent sales gain. The company lifted its guidance for the year.
Gildan Activewear Slashes Guidance On Q3 Shortfall
Gildan Activewear Inc. lowered its sales and earnings guidance for the year due to weakness in the imprintables channel and lower sock sales in the third quarter.

HanesBrands Sees 25 Percent Q3 Growth For Champion
Hanesbrands reported sales increased 1 percent to $1.87 billion in the third quarter, highlighted by 25 percent growth for Champion.
Acushnet Holdings’ Q3 Sales Expand 12.6 Percent
Acushnet Holdings reported a significant hike in earnings in the third quarter as sales grew 12.6 percent.
Escalade Sees 4.1 Percent Growth In Q3
Escalade Inc. reported sales for the third quarter of 2019 rose 4.1 percent to $45.8 million. Continued growth in the Games category offset a continuing decline in archery vertical bow sales.
Boot Barn Holdings Boosts Guidance After Solid Fiscal Q2
Boot Barn Holdings Inc. on Wednesday announced it had raised its net income, EPS and revenue guidance for fiscal 2020 after posting a solid fiscal second quarter ended September 28.
5.11’s Strong Quarter Can’t Save CODI
5.11 Tactical notched double-digit revenue and EBITDA growth, but parent company Compass Diversified Holdings revenue and earnings per share fell shy of Wall Street’s estimates for the third-quarter.
Record Quarter Propels Callaway Golf To Increase 2019 EPS
Callaway Golf Co. on Wednesday reported record third quarter 2019 net sales and strong earnings growth while also reiterating full year net sales and adjusted EBITDA guidance and increasing full year 2019 earnings per share guidance.

Columbia Sportswear Raises EPS Outlook After Record Q3
Columbia Sportswear Co. on Wednesday raised its diluted earnings per share outlook for 2019 to $4.70 to $4.80 from $4.65 to $4.75 after reporting third-quarter diluted EPS increased 23 percent to a record $1.75, compared to third quarter 2018 diluted EPS of $1.42.
Vindex Secures $60M To Scale Esports Infrastructure Platform
Vindex, led by CEO Mike Sepso, co-founder of Major League Gaming, and a world-class team of esports pioneers and veteran fintech entrepreneurs, announced its launch with initial funding of $60 million to build a first-of-its-kind global esports infrastructure platform. The company also announced the acquisition of Next Generation Esports (NGE) and the launch of Esports Engine.
Hibbett Sports Launches Same-Day Delivery In Four Regional Markets
Hibbett Sporting Goods Inc. announced same-day delivery via Shipt as the latest enhancement to the www.Hibbett.com shopping experience.