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Author: SGB Media

International Sports Brands to Represent Rapid Air Worx AirForce Airguns in UK

June 5, 2024 SGB Update

With this partnership, AirForce and Rapid Air Worx, headquartered in Fort Worth, TX, will expand its with shooting enthusiasts across the UK and Europe.

NSSF: May Adjusted NICS Background Checks Decline 7.2 Percent

June 5, 2024 SGB Update

The unadjusted May 2024 FBI NICS figure of 2,000,505 reflects a 14.6 percent decrease from the unadjusted FBI NICS figure of 2,343,850 in May 2023.

Hibbett Posts Q1 Sales Comps and Earnings Decline on Path to JD Sports Acquisition

June 5, 2024 SGB Update

Comparable sales decreased 5.8 percent versus the prior-year Q1 period. Brick & mortar comparable sales declined 5.8 percent while e-commerce sales also decreased 5.8 percent on a year-over-year basis.

EXEC: Sportsman’s Warehouse to Focus More on “Warehouse” and Value Moving Forward

June 5, 2024 SGB Executive

The hunting, fishing, camping and shooting specialty retailer is embracing part of its name in a more profound way as 2024 progresses, promising to focus more on the “Warehouse” part of the name to provide more value for cash-strapped outdoor sports enthusiasts

EXEC: Outdoor Voices Acquired by Consortium Brand Partners

June 5, 2024 SGB Executive

The athleisure lifestyle brand, founded in 2013 by Tyler Haney, marks CBP’s second acquisition, following its announcement of a majority stake in Reese Witherspoon’s fashion and lifestyle brand, Draper James in September 2023.

Nike Inc. Takes Cost-Cutting Efforts to EU with Start of HQ Job Cuts

June 5, 2024 SGB Executive

Nike is cutting jobs at its EU headquarters in Hilversum, Netherlands, outside of Amsterdam, as part of a multi-year cost-cutting plan, according to early reporting from Reuters, citing internal sources at the EU headquarters.

Sportsman’s Warehouse Suffers Another Quarter with DD Comp Sales Declines

June 4, 2024 SGB Update

Same-store sales decreased 13.5 percent during the first quarter, on top of a 17.8 percent comp sale decline in the year-ago first quarter period.

EXEC: DBI Gets Q1 Lift from Topo and Keds While Dress and Seasonal Drag on Retail

June 4, 2024 SGB Executive

DBI also acquired Rubino, a profitable Canadian footwear retailer operating nearly 30 stores, specifically serving the Province of Quebec. Quebec represents nearly one-quarter of Canada’s population, but DBI had no existing presence. Rubino did CN$47 million in 2023.

Golf Genius Acquires Swing by Swing Golf

June 4, 2024 SGB Update

Golf Genius reported it acquired Swing by Swing Golf, Inc., owner of the SwingU golf GPS and scorecard app and the SwingU Coach performance data platform.

Skechers Surpasses $11 Million in Animal Welfare Donations

June 4, 2024 SGB Today

The company’s philanthropic brand, Bobs , celebrates the milestone with a month-long series of events to save and support animals in need. Since 2015, the brand’s contributions have saved and helped over two million shelter pets.

Report: Top 10 Best Places to Camp in the U.S. in 2024

June 4, 2024 SGB Today

The list provides a variety of camping options from grasslands, forest, mountain, bay, valley, springs, canyon, park, lake, and elkamp (portmanteau for elevated camping) with rates from free to $300/night.

J.Crew Partners with USA Swimming on Exclusive Collection for Summer 2024

June 4, 2024 SGB Today

The partnership aligns with the American brand’s coastal lifestyle theme and DNA, “showcasing the joys of being by the water, in all its forms.” 

NSGA Appoints New Member to Board; Gordon Geiger Takes Over as Chairman 

June 4, 2024 SGB Update

Justin Miller started his three-year term on the Board and Gordon Geiger began his three-year term as Board Chairman on June 1. Miller is the president of Scholastic Sports Sales,

EXEC: Salomon Opens Two New Stores in Paris Ahead of the Olympics

June 4, 2024 SGB Executive

The first Salomon Sportstyle brand store opened in Paris’ Le Marais neighborhood, joining its recently reported, newly opened Champs-Élysées flagship location.

NRF: Consumers Remain ‘Willing to Spend’ Despite Considerable Economic Headwinds

June 4, 2024 SGB Update

While the growth rate of consumer spending has begun to ease, owing to slower job and wage gains, higher interest and tighter credit, “consumers clearly remain willing to spend.”

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Report: Adidas to Replace Nike as Tennessee’s Outfitter

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Dick’s Sporting Goods and the WNBA Renew Multiyear Partnership

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Pacsun Embraces Understated Luxury with Field of Study Collection

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Castore Partners with English Rugby Club Leicester Tigers

June 21, 2025

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