New Era To Sponsor Australian Esports Team
SGB UpdatesNew Era has signed on as the official apparel partner of Essendon Football Club's esports team. (Read More)
Author: SGB Media
Brazil’s Centauro Files For IPO
SGB UpdatesGrupo SBF, owner of the Brazil sporting goods chain Centauro, filed for an initial public offering on the São Paulo stock exchange. (Read More)
Mountain Capital Partners Joins SMC
SGB UpdatesSnowsports Merchandising Corp. (SMC), a buying group of specialty ski and snowboard shops in the winter sports industry, on Monday announced that Mountain Capital Partners has joined the group. (Read More)
Mark Jordan Joins CrankTank Consulting Agency
SGB UpdatesCrankTank on Monday announced that Mark Jordan is joining the Idaho-based consulting agency. Jordan, formerly of Fox Factory Inc., adds marketing leadership experience and a strong brand communications background to CrankTank’s expertise in digital marketing, e-commerce strategy and public relations business. (Read More)
SFIA Participation Report … More Americans Active, But Income Continues to Affect Participation
SGB UpdatesThe annual SFIA Topline Participation Report, the largest sports and fitness participation survey in the U.S., tracking 120 activities at both core and casual levels, reveals all seven major categories (Fitness Sports, Individual Sports, Outdoor Sports, Racquet Sports, Team Sports, Water Sports and Winter Sports) experienced slight growth over the last five years. (Read More)
Honey Stinger Appoints Kelly Knowles As Vice President of Sales
SGB UpdatesHoney Stinger, the manufacturer of honey-based nutritional products, on Monday announced the appointment of Kelly Knowles as the company’s vice president of sales. (Read More)
Vail Resorts, Arapahoe Basin End Pass Partnership
SGB UpdatesVail Resorts Inc. on Monday announced that the company’s pass partnership with Arapahoe Basin will end after the 2018-19 ski season. A new season pass, the Keystone Plus Pass, will replace the Keystone A-Basin Pass for the 2019-20 season and will include 10 buddy tickets for any passes purchased before the April deadline. (Read More)
Retail Imports Still Strong As Possible March Tariff Hike Approaches
Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. (Read More)
Lululemon Expands Parental Leave Policy
SGB UpdatesLululemon said it will now offer its employees three to six months of paid parental leave. (Read More)
Eddie Lampert Steps Down As Sears’ Chairman
SGB UpdatesEddie Lampert will step down as chairman of Sears Holdings Corp's board, effective immediately, according to a regulatory filing. (Read More)
Macy’s Names Patti Ongman Chief Merchandising Officer
SGB UpdatesMacy’s Inc. announced that Patti Ongman has been named chief merchandising officer of the Macy’s brand, effective March 1, 2019. Ongman succeeds Jeff Kantor in this role, who previously announced his decision to retire. (Read More)
Lorna Jane Continues Expansion
SGB UpdatesLorna Jane, the Australian women's activewear brand, is opening eight more stores in the U.S. to bring the brand's store count to 38. (Read More)
OBIT … Fila’s Jon Epstein
SGB UpdatesJon Epstein, president and global chief commercial officer of Fila North America, died on Friday. He was 63. (Read More)
Deanne Buck Steps Down From Camber Outdoors
SGB UpdatesThe Camber Outdoors board of directors on Friday announced that Deanne Buck has resigned as executive director. The board named Diana Seung, current board member and former executive vice president of merchandising at Backcountry.com, as interim executive director, effective immediately. Buck will assist Seung in the transition. (Read More)
Aisle Talk Week Of February 11
SGB ExecutiveTop headlines from the active lifestyle industry you may have missed this week, including Deanne Buck (pictured) resigning as executive director of Camber Outdoors. (Read More)
Yue Yuen’s January Sales Surge
SGB UpdatesYue Yuen reported revenues of $924.0 million against $737.1 million a year ago, a gain of 25.4 percent. (Read More)
Newell Brands’ Q4 Earnings Hit By Impairment Charge
SGB UpdatesNewell Brands reported a sharp decline in operating earnings in the fourth quarter as it absorbed a $157 million impairment charge. The Home & Outdoor Living segment saw a core sales decline of 3.0 percent, largely driven by lost distribution for Coleman at a key U.S. retailer. (Read More)
2018 Holiday Sales Grew 2.9 Percent
SGB UpdatesHoliday retail sales during 2018 grew a lower-than-expected 2.9 percent over the same period in 2017 to $707.5 billion, the National Retail Federation said today after the Commerce Department released data that had been delayed by nearly a month because of the recent government shutdown. (Read More)
Report: Payless To Shutter All Doors
Payless ShoeSource plans to close all of its 2,300 stores in bankruptcy proceedings, sources told Reuters. (Read More)
Future Plc Acquires Cycling News And Procycling Magazine From Immediate Media
SGB UpdatesFuture Plc announced the acquisition of two specialist consumer brands from Immediate Media Co. – CyclingNews.com and Procycling Magazine. (Read More)